In January 2023, Professional Pensions held a roundtable to reflect on the aftermath of the market turbulence last year and ask what the impact of the liability-driven investment (LDI) crisis has been for fiduciary managers and the broader industry.
Traders at Nyanji market in Ndola’s Twapia ward have joined efforts with the local authority to have the area legally structured.
ZANIS reports that this follows the degazzeting of the trading site by the Ndola city council (NCC) in a full council meeting held recently.
NCC public relations Manager Rabbeca Mushota said in a phone interview that the council was only providing technical advice and the project is solely being undertaken by the community.
And speaking in an interview, Twapia Councillor Gilbert Musonda confirmed the development and that works on site have commenced.
He said the project is estimated to cost K600 thousand and will accommodate a market shelter, an ablution block with piped water.