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Cabinet approves 30% stake in North-West Railway

TRANSPORT and Communication Minister Brian Mushimba.

NKOLE MULAMBIA, Ndola
MINISTER of Transport and Communication Brian Mushimba says Cabinet has approved the proposal for Government to acquire 30 percent shares in North-West Railway Company.

Mr Mushimba said in an interview that currently, technocrats in his ministry and North-West Railway Company are discussing the matter to finalise the agreement so that Government can proceed with the acquisition of the shares.
“We submitted a memorandum to Cabinet recently for approval, and after studying the proposal, Cabinet has approved the memorandum to acquire 30 percent shares in that project…http://epaper.daily-mail.co.zm/

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