Zanaco declares K420m dividend
Published On March 31, 2023 » 799 Views» By Times Reporter » Business, Stories
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• ZANACO Bank chief executive officer Mukwandi Chibesakunda (middle) addresses journalists at Zanaco offices in
Lusaka on Wednesday. With her are Zanaco board chairperson Patrick Wanjelani (right) and Zanaco head – clients
solution, marketing and corporate communication, Chanda Chime Katongo. Picture by THOMAS NSAMA/ZANIS

By Ketra Kalunga –

ZANACO Bank has declared a dividend of K421 million, an increase from K361 million paid out last year as the bank records revenue growth of 11 per cent.
Zanaco board chairperson Patrick Wanjelani said the bank’s dividend increased to 0.292 per share from 0.252 per share representing a 16 per cent rise.

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