News Zambia Markets: Exclusive: Zambia, bondholders advance $3 bln debt restructuring talks -sources
Zambia's overseas bondholders have entered into non-disclosure agreements (NDA) with the government as of Wednesday, according to three sources, a key step marking the beginning of formal restructuring talks over $3 billion of international bonds.
News Zambia Markets: TPA delegation tours Zambia to market Tanzanian ports
The Tanzania Ports Authority (TPA) dispatched a powerful delegation to Zambia in strategic efforts of promote the services it offers in all its ports.
News Zambia Markets: From Dar to Zambia, TPA stamps authority
FOR some years now, Tanzania Ports Authority has been making efforts to services within the country. Now those efforts are crossing the country’s borders. Recently, TPA sent a powerful delegation in ...
News Zambia Markets: Active mobile subscriptions in Zambia increase from 19.1 million to 20.2 million in 2021
Lusaka - Zambia: The Zambia Information and Communications Technology Authority (ZICTA) has announced an increase in the number of active mobile subscriptions
News Zambia Markets: Dynamics of Zambia’s Petroleum Prices – Are Monthly Reviews A Problem?
Key reforms in the energy sector involved the removal of some fuel subsidies, placing of INDENI refinery on care and maintenance, and much more recently, the introduction of monthly reviews for ...
News Zambia Markets: Zambia aims for IMF debt deal in May - Finance Minister
Zambia expects an International Monetary Fund (IMF) debt health check to be finalised this month, to strike a restructuring deal with creditors by April and get a formal agreement with the fund signed off in May, its finance minister said. "I have to be optimistic, because in the absence of optimism where can Zambia go?" Situmbeko Musokotwane told Reuters in an interview on Tuesday. In 2020, Zambia became the first pandemic-era sovereign default and it is buckling under a debt burden of more than 120% of gross domestic product (GDP).
News Zambia Markets: LUKANYO MNYANDA: Lessons from Zambia point to a legacy Godongwana will want to avoid
About a month ago I had a few minutes with Zambia’s president, Hakainde Hichilema. My slot was not long enough to form a lasting impression, though what I came back with was confirmed by a couple of ...
News Zambia Markets: Economist Chibamba Kanyama says forgiveness of Zambia’s Private Debt is Difficult
Mr. Kanyama added that the possible debt forgiveness Zambia can get is from lending institutions and not the private sector. Mr. Kanyama said that a major component of the country’s debt is owed to ...
News Zambia Markets: China’s backing for global debt transparency crucial to contain Covid-induced stress in emerging markets
No more hard cash from China, as Covid-19 deepens African debt Emerging markets have been accumulating debt rapidly in recent years. Zambia became Africa’s first coronavirus-era sovereign default ...
News Zambia Markets: Zambia: Pemba Fatal Accident Devastating
This connectivity is not only critical to Zambia in terms of trade, but also to the Common Market for Eastern and Southern Africa (COMESA) as well as the Southern African Development Community (SADC).
News Zambia Markets: Zambia aims for IMF debt deal in May - FinMin
Zambia expects an International Monetary Fund (IMF) debt health check to be finalised this month, to strike a restructuring deal with creditors by April and get a formal agreement with the fund signed off in May, its finance minister said.
News Zambia Markets: Campaigners say two-thirds of Zambia’s debt needs to be cancelled
Lusaka - Zambia: Figures released by the Zambian Civil Society Debt Alliance and Jubilee Debt Campaign UK show that external private lenders and other
News Zambia Markets: Toll Plazas in Zambia, Nine Years Later
Hatembo Junior that appeared in October on the 30th of 2013 titled, ‘Why Zambia needs Toll Roads.’ The article appeared in Lusaka Times before introducing the tolling system in Zambia. The article’s ...
