Browsing: Zambia

Zambia’s finance minister rejected China’s appeal for the World Bank and other multilateral lenders to join a debt restructuring, warning that delays were stifling the economy, according to the Financial Times on Monday. Situmbeko Musokotwane told the business publication that time is of the essence to complete a restructuring of about $13 billion in external debt this year,…

Eight Croatians accused of child trafficking were acquitted by a court in Zambia. The charges were dropped after their attorneys submitted applications to the court. The…

Israel’s envoy to Zambia Ambassador Ofra Farhi was robbed of her diplomatic passport and her cellphone on a street in Lusaka last week. Farhi was passing…

Zambian officials have established legislation prohibiting pedestrians from crossing the road while wearing headsets or conversing on a cell phone. According to the new law, anyone…

Zambian President Hakainde Hichilema has urged the country’s creditors to agree to a fast debt restructuring in order to boost the country’s economic recovery efforts. President Hichilema…

According to the head of the state-owned power utility Zesco, Zambia has begun rationing the supply of electricity to mining companies as a result of lower…

A magistrates court in Ndola, Zambia is hearing charges of child trafficking against eight persons of Croatian origin. They were named in court documents as Aleksandra…

The Zambian government has announced the halting of electricity exports to some neighbouring countries due to reduced power generation capacity the southern African country was facing.…

Zambia’s benchmark stock index became Africa’s best performer this year thanks to a rise in Copperbelt Energy Corp. The 22-member Lusaka Securities Exchange All Share Index…

The Zambian Kwacha has been in a sharp slump this quarter a situation that is triggering a rise in inflation in the southern African country, according…