Mon, 31 Oct 2016 11:58:47 +0000 THE International Monetary Fund (IMF) has not given the sale of Zamtel as one of the conditions for the Fund’s bail out and Zambians should ignore social media gossip and speculation that the Zambian government has been forced to offload the telecommunications company, Transport and Communication Minister Brian Mushimba has said. Mr Mushimba said the Government was working hard in looking for alternative measures to work round the different challenges affecting the nation economically including the current power deficiency being experienced due to the drought that has led to low water levels for hydropower production. He said it was unfortunate that some people have taken to spreading falsehoods which were aimed at fuelling people’s anxieties against Government’s intentions and efforts to rebuilding the economy. He explained that Zambia was going through tough economic pressure emanating from external shocks such as copper prices and international currency rates over which the […]
