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Zambia 29.05.25
·        The Central Bank held the key interest rate at 14.5%. “Maintaining the current stance of monetary policy is deemed appropriate...
Millie
May 291 min read
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Zambia 11.11.24
·        Lake Kariba’s- the world’s largest human-made lake, water level is at an all time low. The drought has drained the reservoir to...
Millie
Nov 11, 20241 min read
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Zambia 29.10.24
·        The Zambian President fired three constitutional court judges this week over a 2016 ruling that favoured a political opponent....
Millie
Oct 30, 20241 min read
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Zambia 19.10.2024
·        The government has approved the construction of another coal-fired power plant. This is the county’s third coal-fired power...
Millie
Oct 19, 20241 min read
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Zambia 09.10.2024
·        China has pledged $1bn to refurbish the Tanzania- Zambia railway. https://www.scmp.com/news/china/diplomacy/article/3280038/chi...
Millie
Oct 9, 20241 min read
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Zambia 03.10.24
• Zambia’s inflation has hit a four year high. The country’s annual inflation reached 15.6 % in September. Despite this, Zambia projects...
Millie
Oct 4, 20241 min read
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Zambia 08.09.24
·        China, Tanzania and Zambia signed an agreement this week to rehabilitate a railway that is decades old to improve rail-sea...
Millie
Sep 8, 20241 min read
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Zambia 19.07.24
·        The IMF has suggested Zambia’s plan to ban charging foreign currency in local transactions (punishable with 10 year jail terms)...
Millie
Jul 19, 20241 min read
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Zambia 11.07.24
·        The IMF have approved Zambia’s next tranche of their loan agreement. The pay-out of $570mn was immediately disbursed....
Millie
Jul 11, 20241 min read
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Zambia 06.06.24
Following a staff level agreement Zambia has unlocked $574mn in financial assistance following a severe drought. The review came about...
Millie
Jun 6, 20241 min read
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Zambia 12.05.24
Zambia experienced a debilitating dry spell lasting more than five weeks in March and April. This time of year is crucial for farmers as...
Millie
May 12, 20241 min read
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Zambia - April
5.04.24 ·After reaching a deal with overseas bondholders last week, Zambia is currently in talks to restructure its $3.3bn of commercial...
Millie
Apr 25, 20241 min read
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