Zambia’s central bank extended its easing cycle as inflation is projected to cool further, even as most policymakers globally adopt a wait-and-see approach to gauge the Iran war’s impact on their forecasts.
Zambia’s central bank extended its easing cycle as inflation is projected to cool further, even as most policymakers globally adopt a wait-and-see approach to gauge the Iran war’s impact on their forecasts.
The headquarters of the Zambian central bank in Lusaka.
Zambia’s talks with the US over a new $2 billion health-aid deal stalled because the proposed agreement included data sharing that would violate citizens’ privacy rights and was conditional on first agreeing to preferential access to mineral resources, the nation’s foreign minister said.
Zambia’s talks with the US over a new $2 billion health-aid deal stalled because the proposed agreement included data sharing that would violate citizens’ privacy rights and was conditional on first agreeing to preferential access to mineral resources, the nation’s foreign minister said.
Doctors care for patients in a clinic in Lusaka, Zambia.
Zambia will supply a refinery it’s planning to build and complete before 2028 with crude delivered initially by road, according to the energy ministry.
Zambia will supply a refinery it’s planning to build and complete before 2028 with crude delivered initially by road, according to the energy ministry.
Zambia’s cabinet has approved a revised budget for 2026 to address revenue pressures arising from the conflict in the Middle East.
Customers refuel their vehicles at a gas station operated by Total SA in Lusaka, Zambia, on Thursday, Oct. 8, 2015. Zambian Finance Minister Alexander Chikwanda is seeking to restore confidence in the economy to help reverse the world's worst currency performance, record borrowing costs and sliding growth. Photographer: Waldo Swiegers
Zambia’s cabinet has approved a revised budget for 2026 to address revenue pressures arising from the conflict in the Middle East.
Customers refuel their vehicles at a gas station operated by Total SA in Lusaka, Zambia, on Thursday, Oct. 8, 2015. Zambian Finance Minister Alexander Chikwanda is seeking to restore confidence in the economy to help reverse the world's worst currency performance, record borrowing costs and sliding growth. Photographer: Waldo Swiegers
Flooding severed the Democratic Republic of Congo’s main copper-export corridor after a bridge collapsed just south of the Zambian border, disrupting shipments from the world’s second-largest producer of the metal.
Flooding severed the Democratic Republic of Congo’s main copper-export corridor after a bridge collapsed just south of the Zambian border, disrupting shipments from the world’s second-largest producer of the metal.
Copper plates on wagons ready for onward shipping at the Mufulira refinery, operated by Mopani Copper Mines Plc, in Mufulira, Zambia, on Friday, May 6, 2022. A recent 1,900-mile journey from mines in Congo and Zambia shows how, a century after commercial mining began here, the world’s hunger for copper is again reshaping the region.
Zambia’s annual inflation rate fell below the central bank’s target ceiling for the first time in almost seven years, bolstering the case for further interest-rate cuts.
Zambia’s annual inflation rate fell below the central bank’s target ceiling for the first time in almost seven years, bolstering the case for further interest-rate cuts.
Pedestrians at a bus station in Lusaka, Zambia. Photographer: Luke Dray/Bloomberg
Zambia’s annual inflation rate resumed its downward trend in January, slipping below 10% for the first time in nearly three years, strengthening the case for further cuts in borrowing costs.
Zambia’s annual inflation rate resumed its downward trend in January, slipping below 10% for the first time in nearly three years, strengthening the case for further cuts in borrowing costs.
An outdoor market in Lusaka. Photographer: Zinyange Auntony/Bloomberg
Zambia has more than quadrupled the cap on local-currency bonds that foreign investors can buy, a move that may reduce rollover risk as about $1.16 billion in debt payments fall due this year.
Zambia has more than quadrupled the cap on local-currency bonds that foreign investors can buy, a move that may reduce rollover risk as about $1.16 billion in debt payments fall due this year.
Zambia has more than quadrupled the cap on local-currency bonds that foreign investors can buy, a move that may reduce rollover risk as about $1.16 billion in debt payments fall due this year.
Zambia has more than quadrupled the cap on local-currency bonds that foreign investors can buy, a move that may reduce rollover risk as about $1.16 billion in debt payments fall due this year.
A Zambian energy trader plans to build a $100 million power-transmission line to neighboring Tanzania — the first such connection — to help boost electricity supplies to copper mines seeking alternative energy sources.
A Zambian energy trader plans to build a $100 million power-transmission line to neighboring Tanzania — the first such connection — to help boost electricity supplies to copper mines seeking alternative energy sources.
A high-voltage electricity transmission tower. Photographer: Dwayne Senior/Bloomberg
Zambia will seek a new deal with the International Monetary Fund as its existing program ends this month, with election pressures pointing to a potential agreement in the first half of the year.
Zambia will seek a new deal with the International Monetary Fund as its existing program ends this month, with election pressures pointing to a potential agreement in the first half of the year.
Zambia has decided against pursuing a one-year extension of its International Monetary Fund program that’s set to expire this month, the Washington-based lender said on Wednesday, an about turn that will surprise investors.
Zambia has decided against pursuing a one-year extension of its International Monetary Fund program that’s set to expire this month, the Washington-based lender said on Wednesday, an about turn that will surprise investors.
The city skyline of Lusaka, Zambia, on Thursday, Sept. 21, 2023. For over a decade, China poured more than $120 billion of government-backed loans through its Belt and Road Initiative to build hydropower plants, roads and rail lines across the continent — as well as unparalleled influence.
Zambia has decided against pursuing a one-year extension of its International Monetary Fund program that’s set to expire this month, the Washington-based lender said on Wednesday, an about turn that will surprise investors.
Zambia has decided against pursuing a one-year extension of its International Monetary Fund program that’s set to expire this month, the Washington-based lender said on Wednesday, an about turn that will surprise investors.
The city skyline of Lusaka, Zambia, on Thursday, Sept. 21, 2023. For over a decade, China poured more than $120 billion of government-backed loans through its Belt and Road Initiative to build hydropower plants, roads and rail lines across the continent — as well as unparalleled influence.
Chinese mine operators in Zambia started paying royalties and taxes in yuan in Africa’s second-biggest copper producer, the latest sign of the growing acceptance of the currency on the continent.
Chinese mine operators in Zambia started paying royalties and taxes in yuan in Africa’s second-biggest copper producer, the latest sign of the growing acceptance of the currency on the continent.
Copper plates on wagons ready for shipping at a refinery in Mufulira, Zambia.
Zambia and Zimbabwe agreed to each contribute $220 million to build the delayed $4.2 billion Batoka Gorge hydropower plant that will supply electricity to both nations.
Zambia and Zimbabwe agreed to each contribute $220 million to build the delayed $4.2 billion Batoka Gorge hydropower plant that will supply electricity to both nations.
The Kariba Dam between Zimbabwe and Zambia. Photographer: GUILLEM SARTORIO/AFP
Zambia’s president signed into law a constitutional amendment bill that overhauls the composition of parliament before the country holds general elections in August.
Zambia’s president signed into law a constitutional amendment bill that overhauls the composition of parliament before the country holds general elections in August.
Zambian lawmakers approved changes to the country’s constitution that alter the composition of parliament, eight months before the country holds elections.
Zambian lawmakers approved changes to the country’s constitution that alter the composition of parliament, eight months before the country holds elections.
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