Banks Reduce Interest in CBN Placement as SDF Rate Falls Deposit Money Banks (DMBs) have started to scale back placements with the Central Bank (CBN) Standing Deposit Facility (SDF) following an adjustment to the asymmetric corridor around the key interest…

Cryptocurrency

Sports

Politics

Financial Product

Inside Africa

Fitch Upgrades Zambia to B- from Restricted Default Fitch Ratings has upgraded Zambia’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to ‘B-‘ from ‘Restricted Default’ (RD) with rating outlook accorded as stable. The upgrade of Zambia’s credit rating reflects Fitch’s…