News

AB Bank Zambia, a member of the Access Microfinance Holding and a client of Software Group, was awarded the prestigious innovation prize for small, medium and micro enterprises and agricultural ...
AB Bank Zambia has set a branch in Lusaka's Chelston area at a cost of K1.4 million. AB Bank chief executive officer Armando Sirolla said the bank had spent K1.4 million in furnishing and setting ...
ActionAid said Zambia Sugar, a unit of FTSE 100 company AB Foods, had made profits of $123 ... according to investment bank JPMorgan. Businesscategory Canadian firms keep investments in check ...
The Bank of Zambia had raised its Monetary Policy Rate by 50 basis points each at its last meetings in February and November, to tame consumer inflation, which sits well above the bank's 6%-8% ...
LUSAKA (Reuters) -Zambia's central bank kept its main interest rate unchanged on Friday after two raise decisions, citing an expected slowdown in inflation. The Bank of Zambia maintained its ...
Zambia’s central Bank on Wednesday cut its key lending rate by 1.5 percentage points to 14%, citing slowing inflation in Africa’s second-biggest producer of copper. Central Bank Governor Denny ...
Zambia’s plans to restrict the use of foreign exchange in domestic transactions are aimed at stabilizing the nation’s currency, central bank Governor Denny Kalyalya said, as his organization ...
Zambia’s hopes of striking a long-awaited debt restructuring deal with bilateral creditors at a meeting scheduled for next week might be a stretch, according to the nation’s central bank governor.
WASHINGTON, April 13 (Reuters) - World Bank President David Malpass on Thursday said he hoped Zambia's creditors, including China, would sign a memorandum of understanding on its debt ...
LUSAKA, June 30, 2022 — The World Bank Group’s Managing Director and Chief Financial Officer (MDCFO), Anshula Kant, commended Zambia on a strong reform program to restore macroeconomic stability and ...
Zambia has secured an agreement with China Development Bank (CDB) to defer its debt repayments to help it weather the impact of the coronavirus on its economy. The deal relates to a loan facility ...
out of Zambia to avoid tax. AB Foods said in a statement on its website on Sunday thatits Zambian unit "denies emphatically that it is engaged inanything illegal, immoral or in any way designed to ...