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Business

ZAMBIA SIGNS US$2 BILLION MEDICAL CITY MOU AS ZDA PARTNERS WITH UAE INVESTOR

ZAMBIA SIGNS US$2 BILLION MEDICAL CITY MOU AS ZDA PARTNERS WITH UAE INVESTOR

Zambia has signed six Memoranda of Understanding (MoUs) with the United Arab Emirates (UAE), worth a total of US$2.14 billion,…
GOVT STARTS TALKS WITH IMF FOR ANOTHER FUNDING PROGRAMME

GOVT STARTS TALKS WITH IMF FOR ANOTHER FUNDING PROGRAMME

The government has started discussions with the International Monetary Fund—IMF—on a successor programme under the Extended Credit Facility. The discussions…
ZAMBIA SIGNS US$2.14 BILLION MOUs WITH UAE

ZAMBIA SIGNS US$2.14 BILLION MOUs WITH UAE

Zambia and the United Arab Emirates have signed memoranda of understanding worth a combined US$2.14 billion at the Zambia-UAE Business…
MOPANI KEY TO THREE MILLION TONNES COPPER TARGET

MOPANI KEY TO THREE MILLION TONNES COPPER TARGET

President Hakainde Hichilema says Mopani Copper Mines is key to Zambia’s target of increasing copper production to three million tonnes…
MERCURIA, EXERGY ENERGY SIGN US$250 MILLION POWER INVESTMENT DEAL

MERCURIA, EXERGY ENERGY SIGN US$250 MILLION POWER INVESTMENT DEAL

Energy and commodities group Mercuria and Africa-focused integrated energy company Exergy Energy have signed a US$250 million investment deal to…
KARIBA LAKE LEVEL CONTINUES TO DROP

KARIBA LAKE LEVEL CONTINUES TO DROP

The Zambezi River Authority says water levels in Lake Kariba are continuing to drop gradually, as expected during this time…
ZAMBIA’S EXTERNAL DEBT FALLS TO 15.36 BILLION DOLLARS

ZAMBIA’S EXTERNAL DEBT FALLS TO 15.36 BILLION DOLLARS

Zambia’s Central Government external debt stock has reduced by five percent to 15.36 billion U.S. dollars as at the end…
LCC GIVES STREET VENDORS SEPTEMBER 29 DEADLINE

LCC GIVES STREET VENDORS SEPTEMBER 29 DEADLINE

The Lusaka City Council has directed all street vendors to vacate undesignated trading areas and return to their allocated spaces…
IMF REVISES DEBT FRAMEWORK FOR LOW-INCOME COUNTRIES

IMF REVISES DEBT FRAMEWORK FOR LOW-INCOME COUNTRIES

The International Monetary Fund — IMF — has revised the framework it uses with the World Bank to assess whether…
ACC CONSULTS STAKEHOLDERS ON CRIMINAL ASSET MANAGEMENT BILL

ACC CONSULTS STAKEHOLDERS ON CRIMINAL ASSET MANAGEMENT BILL

The Anti-Corruption Commission has commenced a two-day stakeholders’ consultative workshop on the Draft Criminal Asset Management Bill in Lusaka. The…
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