News Zambia Financial: Zambia implements innovative programme in the face of climate change
Zambia has implemented an innovative programme to increase revenue collections and economic stability in the face of climate change impacts.
News Zambia Financial: Debt-plagued Zambia reaches deal with China, other nations to rework $6.3B in loans, French say
The French government says that Zambia has reached a deal with China and several other government creditors to restructure $6.3 billion in loans ...
News Zambia Financial: FIC’s new policy on anti-money laundering aims to enhance collaboration in fighting financial crimes
Lusaka - Zambia: The Financial Intelligence Centre (FIC) has rolled-out the anti-money laundering and countering terrorism and proliferation financing policy
News Zambia Financial: Travelling & Touring: Ku-omboka force to reckon within Zambian cultural tourism
The king’s barge ZIMBABWE has diverse cultural ceremonies whose richness may be traced to the spiritual and ancestral realm. Each and every tribe do at times carry out their ceremonial gatherings in different formats and perform particular rites to conform with tradition and culture inherited from their forefathers. However, there are various types of ceremonies, from initiation rites, paying tributes to traditional leaders or ancestors,...
News Zambia Financial: Zambia Chambers of Commerce and Industry urges members to import mealie meal to meet local demand
Lusaka - Zambia: Zambia is experiencing a mealie meal shortage, which has prompted the government to take action. The Zambia Chambers of Commerce and Industry
News Zambia Financial: Zambia mining sector gets first female chief executive
Zambia's mining sector, a significant contributor to the country's economy, has made history after appointing its first female CEO to head...
News Zambia Financial: IMF: Zambia needs bilateral debt relief to secure next payout
By Rachel Savage and Chris Mfula LUSAKA (Reuters) -The next International Monetary Fund (IMF) payout to Zambia from a total loan of $1.3 billion is contingent upon its bilateral creditors reaching an agreement on a long-delayed debt restructuring, the Fund said in a statement on Thursday. An IMF mission and Zambian officials completed a successful first review of the programme, it said. But the
News Zambia Financial: Debt Restructuring Remains a Concern for Zambia Despite IMF Agreement
Lusaka - Zambia: Zambia and the International Monetary Fund (IMF) have reached a Staff-Level Agreement (SLA) on economic and financial policies that will
News Zambia Financial: Zambia 'punished' as debt rework not finished, says finance minister
By Rachel Savage and Chris Mfula LUSAKA (Reuters) - Zambia is being "punished" for a failure to complete debt restructuring that is not its fault, but its two main creditors, China and international bondholders, both want a resolution, the country's finance minister told Reuters. Zambia was the first African country to default in 2020 after the COVID-19 pandemic battered the global economy. Many
News Zambia Financial: Debt restructuring: Is Zambia victim of China-US showdown?
There is an African saying which goes like, ‘when [two] elephants fight, it is the grass that suffers.’Indeed, when two powerful forces are at loggerheads, the effects may be on the innocent and uninvolved ones either directly or indirectly.Could this be the case for Zambia’s debt restructuring exercise with the official external creditors which has protracted for far too long now?Seemingly, at play, are China and the United States (US) as well...
News Zambia Financial: Zambia: Importance of Gender Equality in Nutrition
Improving rates of exclusive breastfeeding is one of the best, most cost effective solutions to ensure child survival and set the foundation for lifelong health.
