I genuinely implore those who donโt read to start reading more. Pick up a book, anything. Reading broadens your perspective, helps you dream bigger, and improves how you express ideas. It expands your imagination, fuels ambition, and strengthens discipline.
๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐๐ ๐๐๐ ๐๐๐๐๐๐โ๐๐๐๐๐ ๐๐๐๐ ๐๐๐๐๐๐๐ ๐ ๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐๐
NAPSA has clarified that its participation in the LusakaโNdola Dual Carriageway Project was independently approved after assessing the project's collateral and loan recovery mechanisms, dismissing claims that it was directed by Government to finance the project.
The Authority committed US$300 million as part of a US$650 million financing package at an interest rate of 9.5% per annum. The facility is structured over 13 years, comprising a 3-year construction moratorium followed by a 10-year repayment period for principal and interest. Under the agreed security framework, revenues from allocated toll gates and other designated sources are deposited into an escrow account, with NAPSA enjoying first right of repayment as a senior lender. The investment is expected to generate more than US$220 million in interest income over its lifetime, with US$5.9 million already received from initial loan disbursements.
FULL DETAILS IN THE ATTACHED STATEMENT.
Dear youngster, a cool head is where itโs at. Thatโs how winners play it. Be calm, breathe, see the whole playing field and decide when and where to make your move.
Itโs easy to take for granted that people are remarkable when they are familiar to you. The first time I realized my Father was brilliant was some time in university. He told me a story about how he taught himself to write code when he was an economics lecturerโso he could automate his marking and grading of student work. That was in the 80s. Automating the grading of students the likes of Mukwandi Chibesakunda, Savior Chibiya and others.
His idea of fun is reading Stephen Hawking and working through the math. He wanted to be a physicist or architect, ended up being an Economist. Writes his Journals in German. Pretty sure he could have been whatever he wanted and have done well at it. Chooses the thankless work of Public Service because he actually believes in the possibility of social flourishing.
Keep doing what you love, old boy.
Dear youngster, in almost in any game you will ever play, problems begin when you forget to play your part and start to play other people's roles. Play your role and play it well. Focus.
In the last year, we have really mastered exportation of live plants from SA to Botswana and Zambia... And we continue to learn more about this part of our work. Here is another load from Cape Town to Johannesburg then Lusaka.
@Rovertlogistics... Trusted.
The truth is nobody is supposed to see those late nights You're putting in, they are just supposed to see the results. Whether it took you late nights, Long days or Early Mornings just have the results.
Great to meet African trailblazer @wode_maya at the Royal Networking Event!
His amazing work continues to create fresh narratives about our great continent.
We made our first corporate delivery to Deloitte Malawi at their Blantyre office yesterday.
Ladies and gentlemen, @Rovertlogistics now has a dedicated service to Blantyre and Lilongwe... Trusted.
What if the future of real estate starts in the places we once overlooked?
Mafipe M Chunga, Managing Director & Co-Founder of One Square K, shares how a vision for urban redevelopment in Lusaka evolved from a small boarding hostel into a 31-unit modern studio apartment complex built entirely without debt.
Embracing transparency and opening the project to investors, the team accelerated construction, reduced rental costs, and created high-quality accommodation for young Zambians, with demand now far exceeding supply.
One Square K, with Money Acumen Advisory as transaction structurer, has a planned listing on the Lusaka Securities Exchange Plc Alternative Market, subject to regulatory approval.
#FinancialInsight #Get2Know