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Lese-Ansicht

Zambia Inflation Eases to Eight-Year Low Despite War Shocks

Zambia’s annual inflation slowed to a more than eight-year low in May as a stronger kwacha and a bumper corn harvest tamed prices.

Shoppers at a market beside a railway line in 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.
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Zambia Says Privacy, Minerals Concerns Stall US Health-Aid Deal

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.
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Zambia’s Cabinet Approves Revised 2026 Budget as Fuel Costs Jump

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
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Zambia’s Cabinet Approves Revised 2026 Budget as Fuel Costs Jump

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
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Key Congo Copper-Export Route Cut Off After Bridge Collapses

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.
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Zambia Abandons Plan to Extend IMF Credit Facility by a 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.

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.
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Zambia Abandons Plan to Extend IMF Credit Facility by a 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.

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.
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