LUSAKA – Finance minister Situmbeko Musokotwane has dissolved the boards of directors for the Zambia Revenue Authority and the National Road Fund Agency.
According to a statement from the ministry, this was in accordance with the Zambia Revenue Authority Act, Chapter 321 of the Laws of Zambia and in accordance with the National Road Fund Agency (NRFA) Act no.13 of 2002).
Dr Musokotwane has further terminated the appointment of the government appointed directors on the Development Bank of Zambia (DBZ) board.
“This is in accordance with the Development Bank of Zambia Act, Chapter 363 of the Laws of Zambia,” it stated.
Dr Musokotwane has since thanked the affected persons on the listed boards for their services, and wished them well in their future endeavours.
“New board members will be appointed once consultations are concluded,” read the statement.