NEWSMAKERS 2001

Victor Zammit and the Price Club fiasco
Prior to this year, businessman Victor Zammit was known for his involvement in the Birkirkara football club and for his other business activities, which afforded him newspaper headlines every now and then. However, with the emergence of the Price Club fiasco, which left its creditors scrambling for the funds, Zammit undoubtedly became one of the main business newsmakers of 2001. Following is a brief chronology of the debacle’s developments

The year of the mobile phone
While the Chinese ushered in the Year of the Snake in 2001, Malta ushered in its very own, Year of the Mobile Phone.

From taxation to benevolence
It was a rough awakening in January last year for a sizeable segment of Malta’s middle class, as the year signalled the end of their non taxable fringe benefit