Archive | Communications

Zambia could compensate Libya’s LAP Green

Zambia has said it would rule on whether to compensate Libya’s LAP Green Network in the near future, the country’s Attorney General Mumba Malila said in a press statement on Friday afternoon. LAP lost its 75 percent share in Zambia’s Zamtel to the government following the revolution in the North African country and reports of […]

Libya minister to protect investment in Zamtel

Libya will do all it can to protect its 75 percent stake in Zamtel, the fixed-line telecoms firm in Zambia, whose government announced plans last week to seize Libya’s stake in the firm, Libyan Foreign Minister Ashour bin Khayyal said Monday. “The Zambian government has taken a unilateral action by nationalizing this company,” Khayyal said, […]

Tags: , , ,

Zambia dissolves board of Libya-owned Zamtel

Zambia has dissolved the board of Libya-controlled Zamtel and appointed a new acting CEO, the government said on Tuesday, a day after it announced plans to seize 75 percent in the fixed-line operator from owner LAP Green Networks. The government said in a statement it would restructure the ownership of Zamtel to ensure Zambians owned […]

Tags: ,

Zambia says to take back Libya-owned Zamtel

Zambia will take back a 75 percent stake in local fixed-line operator Zamtel that is currently held by Lybia’s LAP Green Networks, Finance Minister Alexander Chikwanda said on Monday. “We made a decision to restore Zamtel back to the people of Zambia,” Chikwanda said at a media briefing. “The plight of the workers may be […]

Media Conference for Libya Western Region

The Mass Media Conference, a three day event for journalists kicked off in the Peoples Conference Hall in Tripoli with the participation of over 150 persons related to media from all over the western region. Journalists from the different cities addressed the conference highlighting a few of the challenges media personnel are facing in the […]

Libya NTC says to review investments worldwide

Libya will review its investments in the Arab world, Africa, and elsewhere, and it will make major agricultural and property investments in neighboring Sudan, the chairman of its ruling National Transitional Council said Saturday. “We have a general view to review all investments in the Arab world, the African continent and elsewhere,” Mustafa Abdul Jalil […]

Libya to maintain Ugandan investments

Libya has invested at least $375 million (about Shs 900billion) in Uganda through its multi-billion dollar investment arm—the Libyan Africa Investment Portfolio. In Africa, Uganda is considered a hub of Libya’s foreign investment.Under the regime of the Late Col Muammar Gaddafi—Libya invested heavily in sectors such as agriculture, telecommunication, hotels, health, construction, and finance.The range […]

Lord Green: British business needs to be active and persistent in Libya

Minister for Trade and Investment Lord Green has advised UK firms to take a considered, strategic and active approach when it comes to doing business in Libya. He was speaking in London on Wednesday to over 500 businesses, largely small and medium-sized, at a conference on Rebuilding Libya. It was the third conference involving UK […]