Commission predicts investments boom

how cyber proached.

This all these is according monies will start to Liquid Telecom being invested Group and Chief that will Digi-

This demands greater transparency and accountability for tal managing boost Officer, the the performance David impact of Behr, risks of in a in the operating statement environment the financial across in market. Lusaka the We public are yester- sector, Institute of day. Risk recovering. Management The market Zambia going (IRMZ) Executive Director, Mr forward Behr Francis looks explained very Ziba. positive,” that Mr Ziba said the operating Mr Chitalu environment said. has also

cyber security was a real and become complex and On ambiguous the performance and hoped of that risk management imminent in Zambia and threat especially to the busi-

the financial markets during ternal debt was last reported public sector would nesses now be and essential. their end-users,

the first half of this year, Mr

Risk management, as highlighted he said, should by become the survey an

at US$11.7billion ( June). The

integral part of planning Chitalu and said decision-making both the equity Ministry of Finance has restrict- processes. commissioned and debt sides performed in August ed external debt contracting He to said this followed 2020 well. by the He Liquid launch explained of Telecom. the that Risk the

Management Framework He markets said for on the the public equity Information sector side in

fund fiscal programs but will

THE Securities Zambia and Exchange that was Technology done was by regaining Finance strength. (IT) Minister, decision Bwalya use domestic Commission money markets (SEC) Ng’andu, has in Lusaka on Tuesday this week.

makers On the across debt side Africa [bond were to raise finance,” “This framework could not have come at a better predicted the Telegraph an investment

time especially now asked side], when Mr for the Chitalu world insights is indicated grappling on that cy- said. boost in the financial with ways markets and means ber it was security of managing far better trends, performing the risks with 57 The Telegraph following acknowledged positive caused sentiments by the pandemic during

per cent of the Coronavirus. of first those half of this surveyed that Government’s which are steps currently “Government to coming and year. organisations need to find

stating that there was an from investors. a renewed focus of managing “We do monitor and dealing for a longer with restore fiscal fitness was com- risks,” increase in a threats over the

This is after these the positive Mr Ziba period said in of time statement. like we have plemented by financial talks markets with Mr the performance Ziba said IRMZ COVID-19 statistics expected for pandemic the going document back as period. to far Washington based during the lender, first be half the a of highly this valuable Mr as source 15 Behr years of ideas said ago where to while continually we many get

refresh and improve the management of risk in International Monetary year, driven by Fund improved employees to compare across the performance the conti-

Government once in use and fully implemented. (IMF), for an economic conditions. bailout IRMZ, he indicated, nent of hoped equity were that returning market the framework which to is work,

Financial markets would are truly about help package. organisations and basically improve the risk companies management are embracing listed

sentiments, according further as to the public a hybrid on institutions LuSE model and embed the of bonds digital this side as a

On September and SEC Chief 25, Finance Executive routine Officer, part of how they which operate. is the secondary

onsite working. trading Minister, Bwalya Phillip Ng’andu, Chitalu in Mr an will Ziba interview. said Zambia of the was Government now better bonds placed to

He better said results as such for the there public were present the fiscal “Positive budget sentiments innovate for means and deliver “So both performed

with the framework increasing in place. concerns over the 2021 which many that better stakeholders performance in the quite well, off course the

He said the framework security would of go data, a long shadow way IT financial “This services. laboratory So we hope include dollar bond holders in helping are the public is targeted bond market at the was far better

sector the meet financial objectives implica- that with the changes that are and performing in the same period keen on to provide operations economic contained we are in the setting Seventh up National starting Development with happening, we Plan expect of improving that tions service with of respect delivery a security to and volumes achieving breach. and

Rufunsa, were we are working with small direction for Zambia, we will have especially better value perception for money. Mr liquidity. Behr The said LuSE Liquid is actually Tele-

scale miners there and art is anal miners after Covid-19 pandemic which is more effects positive Mr Ziba and hoped com that recovering risk had management as strengthened is posted in Zambia about its

from the and surrounding especially the area,” public sector he said. would now be on growth and result fiscal in posture. more investments. a nine percent increase in “Once Mr you Keer know essential said that it and the is an laboratory integral terms of index that we track,”

part would of planning also and decision-making processes. safer be now open to go somewhere, to the general Mr public Chitalu for said. them to

come and have their samples tested.