Top- News zu Sambia

 

Moody's Ratings cut its assessment of African Export-Import Bank's debt closer to junk status, a month after Fitch Ratings did the same, citing a weaker-than-expected asset performance....

Zambia says it has made progress in addressing several concerns raised by the US government, as it seeks to avoid being placed on an expanded travel ban list....

Zambia's central bank aims to raise about 8.9 billion kwacha ($378 million) by asking banks to sell dollars and use the proceeds to buy local-currency bonds as it seeks to secure funds to pay government fuel-import arrears without depleting its foreign-exchange reserves....

Zambia will borrow an additional 14.8 billion kwacha ($624 million) from the domestic market to cover a bigger-than-expected shortfall in this year's budget, Finance Minister Situmbeko Musokotwane said....

A Zambian court adjoined the state-owned copper-mining company to a case brought by an opposition lawmaker challenging the sale of Mopani Copper Mines....

Zambia's annual inflation eased to a 14-month low in June after a rally in its currency helped curb the cost of imports....

Zambia's economy will expand at least 6% this year as Africa's second-largest copper producer reaps the benefit of improved rainfall and higher metal production, the finance minister said....

Zambia plans to boost the number of elected members of parliament by more than a third, raising the prospect of a higher government wage bill at a time when the state is trying to conclude a debt-restructuring process....

Zambia's annual inflation rate eased to an 11-month low in May as improved rains helped cool price rises of corn meal and vegetables....

Zambia will restructure its debt with regional lenders including the African Export-Import Bank and remain in default on those payments until the process is completed, Finance Minister Situmbeko Musokotwane said....

Zambia's central bank held its key interest rate as it expects the disinflation process to continue....

Zambia's corn harvest will more than double from a 16-year-low last year to a record high, the government said, which could help quell rampant consumer price growth and increase the chance of rate cuts....

Schwere Dürren sorgen in Sambia regelmäßig für Stromausfälle und lähmen die Wirtschaft des Landes. Die Menschen setzen auf Selbsthilfe und decken sich mit Solaranlagen ein. Doch um den steigenden Energiehunger zu stillen, muss das Land auch auf unbeliebte Notlösungen zurückgreifen....

Die USA ziehen ihre Unterstützung für Sambias Gesundheitssystem zurück. Angeblich wegen eines von Diplomaten aufgedeckten Korruptionsskandals. Der liegt Jahre zurück, wurde aber offenbar nie aufgearbeitet...

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Vedanta Resources Ltd.'s Zambian copper mining unit has hired Rand Merchant Bank to help raise as much as $1 billion in debt financing for the expansion of its operations in the country....

Zambia and Zimbabwe are ramping up efforts to secure investment for the long-delayed $5 billion Batoka Gorge hydropower project, as they revive a controversial plan to potentially source water from the Democratic Republic of Congo....

Ajay Goel, CFO, Vedanta limited, says it is hard to give a timeline definitely, but it's under active consideration. He spoke with Haslinda Amin in an exclusive interview on "Insight with Haslinda Amin" (Source: Bloomberg)...

Zambia will by the end of this quarter announce new regulations governing the level of goods and services mining companies must give preference to local suppliers, the Ministry of Mines and Minerals Development said....

Zambia's annual inflation rate flatlined in April on a softer rise in food costs, providing room for the central bank to pause interest-rate increases next month....