News Column

Zambia : ZNBC doubled revenue base during outgoing Director General's term

June 17, 2014

Departing Director General of Zambia National Broadcasting Corporation (ZNBC) Chibamba Kanyama has announced that the state-owned broadcaster doubled its earnings base and television levies to sustain the institution, during his 2-year term in office.,

He said television levies roses from K800,000 to K1.4 million as opposed to general public assertions that the Corporation totally relied on government.

But still, he added that ZNBC needs massive re-capitalization in fixed and working capital to guarantee that the migration process is satisfactorily meets the ambitions of the Zambian people.

Kanyama said this at a farewell party held for him by the Corporation's management at the mass media complex cafeteria, recently.

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Source: TendersInfo (India)

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