TAZAMA Pipelines Limited has disclosed that the appreciation of the kwacha led to a revenue loss of K70.3 million. TAZAMA has also handed a dividend of K120.3 million to the Zambian government after recording a historic throughput of 1.2 million metric tonnes of diesel in 2025. The company has disclosed that it posted its strongest financial performance since resuming operations, declaring a net profit of K722.3 million for 2025, resulting in the declaration of the dividend. Speaking during the handover ceremony of the dividend, Thursday, TAZAMA Board Chairperson Professor Ephraim Munshifwa said despite recording positive growth in 2025, exchange rate fluctuations continued to have a direct impact on the company’s earnings. “The company continued on its positive growth trajectory in...