January 12, 2018
Court declares The Post insolvent
PRISCILLA CHIPULU, Lusaka THE Lusaka High Court has declared the Post Newspapers Limited (in liquidation) insolvent. In a consent judgment signed yesterday, High Court Judge Sunday Nkonde declared the newspaper insolvent because its liabilities far exceed the value of its assets. Judge Nkonde stated that the liquidated newspaper is unable to pay its debts as […]