When used synonymously with automatic payment plans, automatic bank drafts are a convenient and paperless means of paying bills whereby funds are debited from one account and credited to another.

Zambia plans to boost the number of elected members of parliament by more than a third, raising the prospect of a higher ...

The African Development Bank Group has elected Mauritanian economist Sidi Ould Tah as its ninth president. Tah election win ...

Five experts are set to compete for the presidency of the AfDB, promising a tough ...

Zambia will restructure its debt with regional lenders including the African Export-Import Bank and remain in default on ...