• Short Summary

    ONE OF LUSAKA'S NEWEST BUILDING -- MUTABA HOUSE OWNED BY BARCLAYS BANK DCO -- WAS OPENED ON WEDNESDAY BY MR.

  • Description

    ONE OF LUSAKA'S NEWEST BUILDING -- MUTABA HOUSE OWNED BY BARCLAYS BANK DCO -- WAS OPENED ON WEDNESDAY BY MR. ELIJAH MUDENDA, ZAMBIA'S MINISTER FOR DEVELOPMENT AND FINANCE. THE OPENING CEREMONIES TOOK PLACE ONLY A WEEK AFTER THE BANK WAS WARNED BY THE ZAMBIAN GOVERNMENT AGAINST CONTINUING CERTAIN POLITICAL ACTIVITIES IN SUPPORT OF WHITE MINORITY RULE IN SOUTHERN AFRICA.

    THE WARNINGS WERE CONTAINED IN LETTERS SENT TO BARCLAYS DCO CHAIRMAN SIR FREDERIC SEEBOHM ON JANUARY 14.

    A NUMBER OF LOCAL GOVERNMENT OFFICIALS AND REPRESENTATIVES OF BARCLAYS WERE ON HAND FOR THE OPENINGS.

    MR MUDENDA SPOKE OF THE NEED TO GIVE INCREASED OPPORTUNITIES TO ZAMBIANS IN SENIOR POSTS AND WELCOMED THE EFFORTS BARCLAYS WERE MAKING TO SEE THAT THIS TAKES PLACES. THE MINISTER OF FINANCE ALSO CONGRATULATED BARCLAYS FOR EXTENDING ITS BANKING SERVICES TO RURAL AREAS AS WELL AS PROVIDING THEM IN MAJOR CITIES. MUTABA HOUSE WILL ALSO BE THE HEADQUARTERS FOR SHELL ZAMBIA. LUSAKA IS RECOGNIZED AS ONE OF THE FASTEST GROWING CITIES IN AFRICA AND MUTABA HOUSE IS A SIGNIFICANT CONTRIBUTION TO ZAMBIA'S GROWING ECONOMY.

  • Tags

  • Data

    Film ID:
    VLVA9HMFBRN0OWQG0NNN7RRH52WB8
    Media URN:
    VLVA9HMFBRN0OWQG0NNN7RRH52WB8
    Group:
    Reuters - Including Visnews
    Archive:
    Reuters
    Issue Date:
    23/01/1970
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:01:17:00
    Time in/Out:
    /
    Canister:
    N/A

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