Economy
Debt relief to grow Zambia’s ICT sector, says tech Minister, Mutati
Zambia’s debt restructuring programme of US$6.3 billion is set to grow the country’s Information and Communications Technology (ICT) sector. Technology and Science Minister, ...
Economy
Standard Chartered Bank to sell stakes in five markets to Access Bank
Standard Chartered Bank has agreed to sell its shareholding in subsidiaries in Angola, Cameroon, The Gambia, and Sierra Leone, and its Consumer, Private ...
Economy
Zambia to access $189 million IMF facility on Monday —Treasury Secretary
Secretary to the Treasury, Felix Nkulukusa, has announced that the approved US$189 million by the International Monetary Fund (IMF) under the 38-month Extended ...
Economy
Mines Minister, Kabuswe, says Mopani investor to be known month-end, July
Government has announced that a preferred bidder to take over the running of Mopani Copper Mines will be announced by July 31. Four ...
Economy
Policy analyst, Saili, counsels govt to ensure bilateral MoUs entered into are realistic, feasible
Shadreck Saili, a policy analyst, has cautioned government to ensure that the commitments made in the Memorandum of Understandings (MoUs) signed with other ...
Economy
Govt scouts for strategic partners in quest for electric vehicle batteries production
Government has announced that it is currently looking for strategic partners and investors to venture into the production of the Electric Vehicle Batteries ...
Economy
IMF disburses $189 million to Zambia, spells out country’s economic performance
Zambia has received about US$189 million from the International Monetary Fund (IMF) under the Extended Credit Facility (ECF) programme. This is after the ...
Economy
Zambia enters non-disclosure agreements with international bondholders for restructuring of $3 billion debt
Zambia has made a key step marking the beginning of formal talks to restructure over US$3 billion of international bonds after entering non-disclosure ...
Economy
Debtor African countries to benefit, as dollar depreciation to accelerate in second half of 2023 —Report
The United States dollar depreciation is expected to accelerate in the second half of this year, reducing the fiscal incidence of external debt ...
Economy
Zambia Railways needs $1 billion for rehabilitation, Tayali tells Parliament
Zambia Railways Limited (ZRL) requires about US$1 billion to carry out a full rehabilitation of its infrastructure in the country. This is according ...
