The Liquidators of the defunct Post Newspapers limited have promised to pay the creditors after selling the assets of the company following the Lusaka High Courts decision to declare the company insolvent.
Recoveries Manager of the Post Newspapers Limited Robert Chabinga says he will start by paying secured creditors, former Post Newspapers employees, the Zambia Revenue Authority and other creditors as prescribed by the companies Act.
And Mr. Chabinga says initially the liquidators wanted to find a commercial solution to the companys problems but some shareholders opted not to cooperate.
He has warned former Post Newspapers work…
Read the full article at: https://www.znbc.co.zm/post-newspapers-creditors-assured/
