Rose Sibisi, a Zambian woman entrepreneur taking her lifestyle brand to her audience through the airwaves
- Published: Tuesday, 30 May 2017 10:54
- Sourced by SolutionsTeam
In 1789, Benjamin Franklin made famous the phrase, “In this world nothing can be said to be certain, except death and taxes,” observing that in a world filled with uncertainty, there are two things we can count on: that we will all eventually meet our maker, and that taxation has been a feature of every civilisations since ancient Egypt. This is a civic duty that we accept as citizens of a nation. Taxation, after all, is the foundation of a prosperous, well functioning and cohesive society. It is at the heart of what binds us as members of our wider community, funds essential services and redistributes resources in order for us all to prosper collectively. But although the benefits afforded to society through taxation are plentiful, it is a complicated balancing act with as many potential pitfalls as benefits.
The UK’s development finance institution, the CDC Group, announced recently that it has acquired a 17.5% equity stake in Zambeef Products for US$65m. Zambeef is listed on both the Lusaka Stock Exchange and the London Stock Exchange’s Alternative Investment Market (AIM). It is a leading farm-to-shop supplier of a range of food products in Zambia – from meat, dairy and eggs, to edible oils and flour. The company operates the in-store butcheries for Shoprite, one of Africa’s top supermarket chains, and runs the fast-food brand Zamchick Inn.
The African Development Bank Group will unveil its new agenda for the continent's economic transformation at this year's Annual Meetings scheduled to take place from May 23-27 in Lusaka, Zambia. In an Annual Meetings preview video message, Akinwumi Adesina, who will be presiding over his first Annual Meetings since assuming office as the Bank's 8th President on September 1, 2015, said that participants will examine a host of burning issues in Africa as well as focus on the Bank's five new priority actions - the High 5s - designed to scale up its operations for the continent's transformation.