Erasing what was a good start to the week, when the copper currency, the Kwacha rallied, to highs last seen…
Browsing: Sovereign
Africa’s second largest copper producer, Zambia, on 23 December appeared on the Africa Development Banks’s (AfDB) watchlist for a delayed…
Fitch rating agency affirmed Zambia’s Long-Term Foreign-Currency Issuer Default Rating at ‘CCC’. This was according to a note issued by…
With a deepening energy crisis as drought effects thicken, Zambia’s odd of a lower credit assessment with the international credit…
Washington based lender International Monetary Fund (IMF) projects Zambia’s economic expansion to be less than 2% for 2019. The Dhaneshwar…
President Edgar Lungu addresses the media on the state of the economy in Lusaka on 08 November 2019.
Fitch ratings agency has that the 2020 budget in Africa’s red metal producer, could exacerbate risks to the sovereign’s external…
Kigali, the capital city of the Rwanda, one of Africa’s fastest growing economies. Rwanda made a debut to the top 10 of the Absa 2019 Financial Markets Index.
Union Gold Chairman Mark O’Donnell told the Ministry of Finance to be cautious of wreck-less experiments such as the sales tax proposal which was shelved. O’fonell bemoaned the effects of the sales tax proposal experiments on the Zambian business environment.
Zambia’s delegation during the issuance of the $750million 2022 dollar bond. The bond was 12 times oversubscribed and raised at a yield of 5.25%. Zambia has $3billion running in Eurobonds for maturities 2022,2024 and 2027.