PRESIDENT Hakainde Hichilema says there is need for the cost of capital on the African continent to be reformed. Delivering his maiden speech on the sidelines of the 15th BRICS-Africa Summit in Johannesburg, Thursday, President Hichilema said the BRICS platform needed to be used to expedite the reform processes of cost of capital in Africa as it was inhibiting development. “We want to express our appreciation that this forum provides to enhancing our partnership and fosters development. Because of the importance of this platform, I simply want to express what we believe are [our] principles as Zambia, as COMESA countries, we see this as a rare opportunity to address the challenges we have kept on talking about for a long...

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