Entrepreneur
Lusaka
Joined May 2023
- Tweets532
- Following1.1K
- Followers299
- Likes1.6K
Kabanda Nsofwa retweeted
Zambia 🇿🇲 and Chile 🇨🇱: Copper Production Capabilities in 1970 and Its Impact to Date!
• Copper Production (1970): Both countries were nearly identical (~684,000 tonnes for Zambia vs. 686,000 tonnes for Chile).
• Copper Production (2025): Zambia's production has stagnated at around 890,346 tonnes, while Chile produces six times more at 5,415,000 tonnes.
• Socio-economic Impact (2025): This gap has left Zambia with a 60.1% poverty rate and a life expectancy of 67 years, compared to Chile's 17.3% poverty rate and a life expectancy of 81.1 years.
• Health Impact (2025): Zambia's infant mortality rate is 29 per 1,000 live births, with childhood stunting at 32%, whereas Chile has reduced its infant mortality to a low 5.6 per 1,000 while effectively eliminating stunting at 1.8%.
IF we manage to achieve that target of 3 million tonnes of copper production, can we see a similar impact for Zambia, or the poor will always be with us? 🤔
Kabanda Nsofwa retweeted
When you are looking for opportunities that bring you money or status, the first thing you need to look at is NOT about who is offering those opportunities but look at the value you are bringing to the table to make you be considered for those opportunities.
Kabanda Nsofwa retweeted
In 2014, I was a student at ZCAS studying for my CIMA qualification. We were in a lecture on how to prepare core financial statements when our lecturer (May His Soul Rest in Internal Peace 🕊) suddenly paused and looked around the room. “How many of you in here own or owns shares ?” he asked.
The whole lecture theatre went quiet. Not a single hand went up. He smiled and continued teaching, but then he said something that stuck with me:
“You’re at ZCAS. Intermarket Bank is just a walk away from here at Central Park. You can buy shares worth K500 instead of drinking alcohol all the time !”
After the lecture, I decided to take him seriously. I walked straight to Intermarket at Central Park, found a financial advisor, and told him honestly: “This is my first time. I’m a student. I just came from class learning about shares and I want to buy a well-performing one.
”He advised me to buy CECZ shares Copperbelt Energy Corporation. At the time, one share was going for around K0.66. I bought shares worth K800 from my pocket money for the month … and then I forgot about it. Life moved on. I finished my studies, my career interests shifted from pure accounting into financial services, and that single share sat somewhere in the back of my mind.
Years later, I went back to check on it. What I discovered blew me away. Everyone who had bought shares around that time (including me) had been given free additional shares through corporate actions. Specifically, when CEC restructured and created CEC Africa (CECA), shareholders received shares in the new entity equivalent to what they held in CEC. On top of that, the original CEC share price had grown massively over the years from under K1 to well over K17 in recent times.
That one small decision buying a single share at K0.66 because my lecturer challenged us had multiplied in both quantity and value. What started as a casual act after class became real wealth creation through capital appreciation and corporate distributions.
All in all, that forgotten share taught me something powerful: Capital markets are not just for rich people or big institutions. They are for ordinary students, young professionals, and anyone willing to take that first small step.Instead of spending that K500 (or even less) on drinks and short-term fun, I had unknowingly put it to work in a real Zambian company that powers our economy.
Time, patience, and smart corporate actions did the rest. Today, I’m more convinced than ever that every Zambian should participate in our capital markets even if it’s just the minimum ! – at Zimbabwe
Kabanda Nsofwa retweeted
Bro to bro,
When the money finally comes, stay close to God.
It’s easy to remember God in the valley make sure you don’t forget Him on the mountain top.
Money is a blessing. God is the source. Never confuse the two.
Kabanda Nsofwa retweeted
Meet Christo Wiese, the businessman who helped build Africa’s retail giant.
In 1979, he acquired an 8-store chain for just R1 million and transformed it into Shoprite Holdings — Africa’s largest retailer.
Today, Shoprite operates more than 3,600 stores across the continent, employs over 160,000 people, and generated R256 billion in revenue in 2025.
Its brands include Checkers, Usave, OK Furniture, Medirite, and Computicket.
A retail empire serving millions of Africans every day … 🙌🏽
Kabanda Nsofwa retweeted
Once you start studying the greats and picking up on their good habits. Something in you shifts. You become super aware that you were never an average person. Everything starts to connect as to why you’ll never be an ordinary person.
Kabanda Nsofwa retweeted
Last night, I was out watching soccer with a friend. Crossing a street going over to a pub, came into this girl (looked about 28), dead drunk. She was alone, crying.
Begged to be taken home.
My friend wouldn't be bothered.
So I ordered a Yango and accompanied her to her house.
Kabanda Nsofwa retweeted
In my world, character doesn’t always show up in big moments. Sometimes it’s the little things like returning a pen 🖊️ that isn’t yours. It says something about you.
Kabanda Nsofwa retweeted
Being an entrepreneur is deeply weird
One day you’re 100% convinced you’re onto something massive. The next you’re wondering if you’re just delusional and making it all up.
You’re betting real money, real years on a vision that lives only inside your head. No guarantees.
Kabanda Nsofwa retweeted
The Dangote Oil Refinery initially planned for 650,000 barrels-per-day production, aiming to be the largest single-train refinery globally.
Aliko Dangote announced intentions to expand refinery capacity to 1.4 million barrels per day, surpassing the world's largest refinery in Jamnagar, India.
An intermediate upgrade in capacity to 700,000 barrels per day is scheduled by the end of 2025.
The refinery's current output reached 610,000 barrels per day in August 2025, close to its nominal capacity.
Kabanda Nsofwa retweeted
My name is Mwangala Sipumo, a medical Dr and versatile communicator with expertise in medicine, entrepreneurship, and e-commerce. I'm available for public speaking and event hosting opportunities to add vibrance & versatility to your event.
Feel free to share and recommend😊
Kabanda Nsofwa retweeted
I am eternally grateful to the Government of Zambia for giving me a 100% student loan without which I would never have studied at the University of Zambia and later on awarded the Rhodes Scholarship that entirely funded my master’s and PhD studies at Oxford. I have paid back the loan in full so that the government can help other rural children to achieve their dreams. I encourage other former beneficiaries to do the same.
Kabanda Nsofwa retweeted
I used to hate public holidays! I saw them as interruptions to work and momentum. But with experience and a shift in mindset, I have come to realise something important which is time off isn’t the enemy, poor planning is.
If your business or team crumbles every time there’s a holiday, that’s not a sign you need fewer breaks. It’s a sign you need better systems, clearer communication, and stronger leadership.
Good managers and entrepreneurs advocate for work-life balance. It’s not just about being nice, it’s about building something sustainable. When you support rest, people return more creative, more focused, and more committed.
Here are a few simple ways entrepreneurs can plan better around holidays:
1. Map out public holidays in advance – Add them to your business calendar so you're not caught off guard.
2. Communicate early – Let your team and clients know your operating hours well ahead of time.
3. Build buffers into deadlines – Don’t plan major deliverables or launches the day after a holiday.
4. Automate where possible – Use tools to schedule posts, emails, and updates so the business can keep moving.
5. Respect your team’s time off – Trust them to recharge. Don’t expect late replies or weekend updates.
6. Lead by example – Take breaks yourself. It sets the tone and builds a healthier culture.
At the end of the day, people don’t burn out from doing hard work, they burn out from doing relentless work with no pause in sight.
Kabanda Nsofwa retweeted
Zimbabwe's Richest Man, Strive Masiyiwa is set to build Africa's first Artificial Intelligence (AI) factory in South Africa.
His company, Cassava Technologies is collaborating with Nvidia for the project.
Kabanda Nsofwa retweeted
We have an 8-ton empty truck ready to move! Whether you need goods transported within Lusaka or beyond, we’ve got space for you.
📍 Available Routes:
1. Livingstone to Lusaka - 29/03/25
2. Lusaka to Chipata - 01/04/25
3. Kaoma to Lusaka - 03/04/25
☎️ 0969652663 or 0779734358
Kabanda Nsofwa retweeted
I am urgently looking for a job anywhere in Zambia or beyond and am ready to relocate. I have experience as a chef, bartender, and in IT-related fields, including teaching ICT and computer support. and am a quick learner, hardworking, and adaptable. Please reach out 0973173019.
Kabanda Nsofwa retweeted
As Sam Nujoma departs, should Zambia be rewarded for its role in liberating Southern Africa?
Early this year, I attended a Namibian friend’s book launch, “Whispers of Freedom”, a biography of late President Hage Geingob. A colorful event officiated by current president Nangolo Mbumba (on my immediate right). Sam Nujoma, now also late was in hospital at the time.
Besides interacting with Namibia’s ruling class which included Speaker of National Assembly & Secretary to Cabinet among others, my main highlight was that the book had a chapter on Hage’s life in Lusaka during his 27 years of exile. A testimony that few Southern African countries today can tell their freedom stories without mentioning Zambia and KK.
Let me quote one of many statements “… Lusaka became the region’s liberation Centre. Several figures who became presidents & top government leaders in Namibia, South Africa, Mozambique & Zimbabwe were educated and stayed in Zambia”.
There’s more said about Zambia & Kaunda’s role in liberating Africa which signifies the important space Zambia occupies in the region. In future it’s not a bad idea to estimate the cost of our contribution in dollar terms and ask future generation of leaders in the region to set up a small fund for Zambia as a way of giving back.
May the soul of Sam Nujoma rest in eternal peace #Zambia #Africa #PanAfricanism
Kabanda Nsofwa retweeted
I think I need to explain how lucrative Mandrax was for Zambian drug dealers, some of them who went on to become prominent politicians in the MMD.
At the time, a box of 100,000 mandrax tablets in India used to cost $400!! This same box was worth $250,000 in South Africa!!
So, what used to happen was that ohns from South Africa would roll up in Zed in Stolen BMWs and Mercs, which they would exchange for 1,000 Mandrax tablets ($20 worth). People were making crazy money.
#TBThursday Many young Zambians may or may not have heard of Vijayghiri Goswami (AKA Vicky Goswami F1) and Issa Galedou (AKA John Chisambo)
Goswami was an Indian national who moved to Zambia in the early 70s and later became one of Zambia's biggest druglords in the mandrax era.
Galedou was a Malian who also move to Zambia in the 70s or early 80s. He quickly got involved in emeralds and other vices and became incredibly wealthy. He had a number of front businesses to clean his money like, Ring Fashions at Edinburgh arcade and Djafuna Bus Services.
What do these two have in common? They bankrolled the MMD campaigns in 1990. It is said that Goswami gave MMD K13M in 1990 while Galedou's figure is not clear. Galedou did claim that various politicians in MMD owed him a total of K108M.
What else do these two have in common? They were both hurriedly deported from Zambia without due process. Their mistake was trying to collect the money they gave the MMD for the campaigns.
You see, the rot in Zed has always been there and continues to this day. When Lt. Gen. Tembo was Mines Minister in 1996, he introduced President Chiluba to a South African businessman of Italian nationality. That businessman gave President Chiluba US$ 1. 5 million dollars, Chiluba only surrendered US$250, 000!!
I can go on and on, but I'll stop here.
