Zambia News News Zambia » Finance: Zambia makes up with Gulf investor in major copper mine
Zambia, Africa's second-largest copper producer, needs Gulf capital for its bid to more than triple its output to 3 million tons a year, and IRH aims to lift Mopani's production from 66,369 tons in ...
News Zambia » Finance: Zambia aims to lift economic growth to 7% over next three years
LUSAKA, Sept 28 (Reuters) - Zambia aims to lift economic growth to an average of 7% over the next three years, building on progress in restructuring its external debt, its finance ministry said. • The ...
News Zambia » Finance: Zambia finance minister says IMF has not asked for debt audit
LUSAKA, April 13 (Reuters) - The International Monetary Fund has not asked Zambia to undertake an independent debt audit following market speculation that its foreign debt may be higher than stated, ...
News Zambia » Finance: Zambia, Egypt, Malawi and Mauritania join World Bank's $19bn minerals financing drive
Zambia, Egypt, Malawi and Mauritania are among the first eight countries selected for a World Bank Group initiative targeting $19bn in metals and minerals financing and private capital mobilisation ...
News Zambia » Finance: Zambia cancels $2bn worth of projects to help with debt
The ministry of finance published its medium-term budget on 9 July noting that the cancellations will reduce the risk of accumulating more non-concessional debt – but no further details were given.
News Zambia » Finance: Zambia’s Finance Minister Says the Era of Too Much Debt From China Is Over
Zambia’s is ready to move on from a failed economic development model based on borrowing billions of dollars of debt from creditors like China, the country's finance minister said. “The level of debt ...
News Zambia » Finance: Zambia Finance Minister Eager To Renegotiate Debt, Awaits China’s Team
Zambia's Finance Minister Situmbeko Musokotwane attends the Annual Meetings of the International Monetary Fund and World Bank in Washington, U.S., October 15, 2022. Reuters Zambia's finance minister ...
News Zambia » Finance: Zambia debt rework delaying impede key investments, hitting the 'most vulnerable' - FinMin
LONDON, Nov 24 (Reuters) - Long delays in Zambia's debt restructuring have hamstrung much needed investments, curtailed economic growth, weighed on local financial markets and added to living costs ...
News Zambia » Finance: Zambia finance minister: Official creditors have second meeting to discuss debt relief
LUSAKA, Jan 12 (Reuters) - Zambia's official sector creditors met on Thursday to discuss the type of debt relief to offer the country, Finance Minister Situmbeko Musoktwane told Reuters. Zambia became ...
News Zambia » Finance: Zambia Finance Chief Aims for Debt-Restructuring Deal This Month
Zambia’s finance minister is aiming to reach a debt-restructuring deal with the country’s creditors this month, an agreement that’s been in the making for more than three years. There has been growing ...