$265m for Zamtel rescue
Published On June 17, 2022 » 1343 Views» By Times Reporter » Latest News
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By CHUSA SICHONE –
TECHNOLOGY and Science Minister Felix Mutati has said Zamtel requires about US$265 million for it to be resuscitated.
Mr Mutati said the target was to cure the telecommunication company from the ‘Zamtel disease’ by the ‘New Dawn’ Government’s first anniversary on August 12, 2022, through a public private partnership arrangement because the Ministry of Finance and National Planning financing was not an option.

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