Zambia's budget deficit is projected at 9.8% of GDP this year and not more than 7.7% in 2023, finance minister Situmbeko Musokotwane said on Friday, as he presented the southern African nation's 2023 ...

LUSAKA, Sept 30 (Reuters) - Zambia will have a wider budget deficit this year than previously projected while economic growth is seen slowing compared to last year, Finance Minister Situmbeko ...

Two key features of the IMF deal will have the result – intended or not – of shifting Zambian spending away from Chinese projects. The last two months have been busy for Situmbeko Musokotwane, ...

WASHINGTON, December 20, 2022 — The World Bank announced today that it is releasing the second tranche of its support for the Zambia Macroeconomic Stability, Growth and Competitiveness Program—a $100 ...

Zambia launches the ELECT Project to improve energy efficiency, support clean energy transition, and deliver NEP 2019 and ...

Zambia’s eurobonds tumbled after the International Monetary Fund said the nation is seeking as much as $8.4 billion in debt relief as it prepares to start discussing restructuring foreign liabilities.

JOHANNESBURG, Nov 30 (Reuters) - Zambia is pushing hard to complete the restructuring of nearly $15 billion of external debt in the first quarter of 2023 and is "in active engagement" with its largest ...

For decades, Nitrogen Chemicals of Zambia (NCZ), a historically dominant, state-owned domestic producer, limped along with ...

Africa's Tokyo 2020 Olympic representative Zambia, and 2022 Women's Africa Cup of Nations (WAFCON) hosts Morocco both made history for themselves on Wednesday night, as they recorded crucial ...