IMF Deadlock Makes Zambia’s Bonds the Worst in Emerging Markets

It’s been a bad start to the year for Zambia.Its Eurobonds are the worst-performing debt among emerging-market sovereign issuers, having lost 5.8 percent, according...

Govt wont default on loan repayments – Mutati

Minister of Finance, Felix Mutati has assured the nation that Government would not default on its debt repayments as it had the capacity to...

Rating Agency Moody’s Upgrades Zambia’s rating outlook from Negative to Stable

MOODY’S INVESTORS SERVICE has, Friday, January 26, 2018, upgraded the rating outlook for Zambia to STABLE FROM NEGATIVE. According to a rating action statement issued...

ZRA PROBES TAX EVADERS

By Aaron Chiyanzo THE Zambia Revenue Authority (ZRA) is following up on all tax evaders exposed by the Financial Intelligence Centre, ZRA corporate affairs manager...

WORLD BANK RATES ZAMBIA AMONG TOP TEN IMPROVED ECONOMIES

  Zambia is one of ten economies showing the most notable improvement in doing business in 2018, according to the World Bank ease of doing...

BALUBA MINE TO RE-OPEN

It is with shock and regret that some people want to continue cheating our people on the opening of Baluba Mine. Let me take this...

TREASURY RELEASES K115 MILLION TO FRA FOR OUTSTANDING DUES

The Ministry of Finance has released K115 million to the Food Reserve Agency (FRA) to facilitate the settlement of some dues in the reserve...

ZAMBIA PLUS REFORMS AIMED AT SUPPORTING FISCAL FITNESS

Minister of Finance Felix Mutati has this afternoon left for the 2017 Annual Meetings of the IMF and the World Bank to be held...

IMF COMMENDS BoZ ON TIGHT MONETARY CONDITIONS

..endorsed BoZ’s plans to complete on-site inspection of all banks within 12–18 monthS THE International Monetary Fund (IMF) has commended the Bank of Zambia (BoZ)...

No IMF bail out for Zambia

The International Monetary Fund has again failed to approve an economic recovery programme for Zambia. The Zambian government has been hoping to sign an...

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