THE Zambia National Commercial Bank (ZANACO) has presented a dividend check of K134,777,040.18 to the Zambian government. Speaking during the dividend payment presentation, Thursday, ZANACO Board Chairperson Professor Oliver Saasa said the bank was heading toward a K2 billion profit after tax this year, after it recorded K1.79 billion profit after tax in 2024. “As you are aware, Zambia National Commercial Bank (ZANACO) is a bank that has multiple shareholders, and the Zambian government owns 25 per cent in this [bank]. As a corporate entity, we also contribute to the treasury through the payment of corporate tax. But beyond that, we do by way of dividend share what is available at the end of the day with the shareholders after...
