Browsing: Zambia

Bank of Zambia has raised its benchmark lending rate by 50 basis points to 14.00% in a decision announced on Wednesday.

Zambia economic growth projection has been downgraded following latest review by the International Monetary Fund

Zambia’s gross domestic product (GDP) growth has been revised to 1.2% year on year as power outage put pressure on the country’s economic activities.

Zambian business conditions worsened further as private sector activity declined sharply to over four year low, according to S&P Global Purchasing Manager

Inflation in Zambia Accelerates to 15.5% The consumer price index, which measures the annual inflation rate in Zambia, quickened for…

The Central Bank of Zambia kept its benchmark interest rate unchanged at 13.5% during its regular meeting on August 14th, highlighting the economic impact

An International Monetary Fund, IMF, staff team led by Mercedes Vera Martin, IMF mission chief for Zambia, has reached staff level agreement with the authority

Zambia’s agreement with Eurobond holders could reduce the country’s debt default risk, according to Fitch Ratings. The authority is striving to boost fiscal performance and drive economic growth following its debt default that locked out the country from external financing.

African Development Bank Group (AfDB) has pledged about $150 million budget support for Zambia …

Zambia has been granted access to about $189 million in loans from the International Monetary Fund (IMF)