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TAZAMA declares K105 million dividend

TAZAMA Pipelines Limited has declared a dividend of K105 million to the Zambian government for the financial year ended December 31, 2024. This payout follows a financial performance by the company, which generated a total revenue of K1.4 billion and a profit of K632 million, marking a commendable 17.5% increase in profit compared to 2023. Economic expert Salwindi Notulu has commended TAZAMA’s move, highlighting its positive implications for the national treasury and the country’s energy sector. In an interview with Zambian Business Times (ZBT), Notulu stated, “TAZAMA Pipelines Limited delivering over K105 million Kwacha shades positivity in its operations because...

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