Grappling with a double whammy of selective default ratings and narrowing compensation premiums above a rising inflation rate, the central…
Year: 2020
In the labyrinth of currency scarcity where Zambia grapples with foreign exchange supply bottlenecks outwitted by ballooning demand, the trading…
Despite downside risks in the African financial markets posed by disease pandemic, sustainability and resilience was observed in the period.…
Post default when Africa’s second largest copper producer skipped a $42.5million coupon payment on its bond 2024 dollar bond, BNP…
Lagged effects of the Kwacha depreciation effect on food and non-food prices jumped 140 points to 17.4% for the month…
Six days after Zambia defaulted on its coupon payment of $42.5million on its dollar bond maturing 2024, the central bank…
In the labyrinth of litigation clouding the mining sector following commenced liquidation proceedings against Vedanta Resources Ltd in Africa’s second…
Finance Minister in Africa’s copper hotspot Zambia bemoaned challenges in the insurance industry citing weakness in balance sheet and liquidity…
In Christopher Mvunga’s debut rate decision meeting, the monetary policy committee kept the benchmark interest rate unchanged at 8%. The…
Zambia’s central bank will hold its first rate decision meeting, post default will seek to manage a potential currency rout…