LUSAKA, Zambia, Jan. 15, 2021 /PRNewswire/ — As part of Government’s ongoing process aimed at restoring Zambia’s public debt sustainability, it became necessary to engage a specialized communication firm with experience in debt restructuring related communication to ensure effective communication with all creditors and stakeholders. It is international best practice for countries restructuring their external debt to hire a financial advisor, a legal advisor and a communication advisor to assist in the restructuring process. The Government of the Republic of Zambia organized an international tender in line with the provisions of the Public Procurement Act: five international firms were invited to participate and three submitted their proposals. Continue reading
(EVO) – 50 Cent has filed for bankruptcy protection, reporting debts and assets in the range of $10 million to $50 million. The rapper called the voluntary Chapter 11 filing a “strategic business move” that would not affect fans.