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Zambia

Zambia finmin says IMF programme needed for orderly debt restructuring

LUSAKA: An orderly debt restructuring process for Zambia will be extremely difficult to achieve without an...

Published 06 May, 2022 01:48pm

Sports

Liverpool’s Keita pulls out of Guinea squad with knee injury

Liverpool midfielder Naby Keita has pulled out of the Guinea squad for their international friendlies with South...

Published 22 Mar, 2022 12:15pm

World

Swashbuckling adventure novelist Wilbur Smith dies aged 88

JOHANNESBURG: Zambian-born bestselling adventure author Wilbur Smith has died at his home in South Africa after a...

Published 15 Nov, 2021 05:24am

Markets

Zambian president to meet IMF, World Bank in Washington

President Hakainde Hichilema's spokesman, Anthony Bwalya, in a statement issued from New York, did not say when the meetings would take place

Published 23 Sep, 2021 11:29am

World

'Cattle boy' millionaire: Zambia's new president

The veteran opposition politician made six bids for the presidency before finally landing the top job in a landslide

Published 24 Aug, 2021 09:26am

World

Zambia's opposition leader Hichilema wins presidential vote at sixth bid

With 155 of 156 constituencies reporting, official results showed Hichilema had captured a landslide of 2,810,757 votes against 1,814,201 for President Edgar Lungu

Published 16 Aug, 2021 09:59am

World

Zambia gears up for tense economy-dominated vote

LUSAKA: Campaigning was winding up Wednesday on the eve of Zambia’s tightly fought presidential and legislative...

Published 12 Aug, 2021 04:34am

World

Zambia's former president Kaunda hospitalised: official

Kaunda ruled Zambia for 27 years, taking the helm after the country gained independence from Britain in October 1964.

Published 14 Jun, 2021 07:34pm

Markets

Glencore losses deepen on massive write-offs

The trading arm of the company saw operating profit soar 41 percent to $3.3 billion, reflecting the huge volatility of metal and oil prices.

Published 16 Feb, 2021 02:37pm

World

Zambia allocated 8.7mn COVID-19 vaccines from African Union

Zambia, with a population close to 18 million, has 45,337 COVID-19 cases and 639 people have died from the disease.

Published 24 Jan, 2021 06:27pm

World

Zambia, IMF to hold talks on credit facility from next month

The programme discussions will centre of the government's objectives to attain fiscal and debt sustainability.

Published 22 Jan, 2021 09:06pm

World

IMF to assess plan for indebted Zambia in coming weeks

(We) will be assessing in the coming weeks how the IMF could support the authorities' reform efforts through a possible Fund program.
Although Zambia is a major copper producer, the southern African country's debt-to-GDP ratio is nearly 140%.

Published 10 Dec, 2020 02:10am

World

Zambia requests financing arrangement with the IMF

Zambia became Africa's first pandemic-era sovereign default last month after it failed to pay a $42.5 million coupon on one of its Eurobonds.
"The Fund is currently assessing this request,"

Published 09 Dec, 2020 12:38am

Gainers
Losers
Leaders

Stock	Price
Grays Leasing / May 26 Grays Leasing Limited(GRYL)	3.65 ▲ 0.95 (35.19%)
Premier Ins. / May 26 Premier Insurance Limited(PINL)	4.75 ▲ 1.00 (26.67%)
SME Leasing Ltd / May 26 SME Leasing Limited(SLL)	2.45 ▲ 0.40 (19.51%)
Gammon Pak / May 26 Gammon Pakistan Limited(GAMON)	6.66 ▲ 1.00 (17.67%)
Ghazi Fabrics / May 26 Ghazi Fabrics International Limited(GFIL)	6.30 ▲ 0.80 (14.55%)
Nazir Cotton Mills / May 26 Nazir Cotton Mills Limited(NCML)	5.85 ▲ 0.69 (13.37%)
Chakwal Spinning / May 26 Chakwal Spinning Mills Limited(CWSM)	2.00 ▲ 0.20 (11.11%)
Shaheen Ins. / May 26 Shaheen Insurance Company Limited(SHNI)	3.55 ▲ 0.35 (10.94%)
Media Times Ltd / May 26 Media Times Limited(MDTL)	1.98 ▲ 0.17 (9.39%)
Zephyr Textile / May 26 Zephyr Textiles Limited(ZTL)	11.48 ▲ 0.98 (9.33%)

Stock	Price
Punjab Mod / May 26 First Punjab Modaraba(FPJM)	1.70 ▲ -0.19 (-10.05%)
Trust Mod. / May 26 Trust Modaraba(TRSM)	1.51 ▲ -0.15 (-9.04%)
Huffaz Seamless / May 26 Huffaz Seamless Pipe Industries Limited(HSPI)	10.21 ▲ -1.00 (-8.92%)
First Pak Mod. / May 26 First Pak Modaraba(PAKMI)	2.40 ▲ -0.21 (-8.05%)
K.S.B.Pumps / May 26 KSB Pumps Company Limited(KSBP)	110.90 ▲ -8.99 (-7.50%)
Shams Textile / May 26 Shams Textile Mills Limited(STML)	55.43 ▲ -4.49 (-7.49%)
Bal. Wheel / May 26 Baluchistan Wheels Limited(BWHL)	78.64 ▲ -6.36 (-7.48%)
Imperial Limited / May 26 Imperial Limited(IML)	14.30 ▲ -1.15 (-7.44%)
Universal Network / May 26 Universal Network Systems Limited(GEMUNSL)	51.75 ▲ -4.15 (-7.42%)
EFG Hermes Pak / May 26 EFG Hermes Pakistan Limited(EFGH)	16.10 ▲ -1.28 (-7.36%)

Stock	Volume
Pak Refinery / May 26 Pakistan Refinery Limited(PRL)	35,646,724 ▼ 0.00
Cnergyico PK / May 26 Cnergyico PK Limited(CNERGY)	19,634,624 ▼ 0.00
Telecard Limited / May 26 Telecard Limited(TELE)	18,414,500 ▼ 0.00
Ghani Glo Hol / May 26 Ghani Global Holdings Limited(GGL)	17,582,929 ▼ 0.00
TPL Properties / May 26 TPL Properties Limited(TPLP)	16,753,479 ▼ 0.00
WorldCall Telecom / May 26 Worldcall Telecom Limited(WTL)	16,005,500 ▼ 0.00
Silk Bank Ltd / May 26 Silkbank Limited(SILK)	13,074,500 ▼ 0.00
P.T.C.L. / May 26 Pakistan Telecommunication Company Ltd(PTC)	12,947,000 ▼ 0.00
Fauji Foods Ltd / May 26 Fauji Foods Limited(FFL)	12,047,000 ▼ 0.00
TRG Pak Ltd / May 26 TRG Pakistan Limited(TRG)	9,254,282 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 25	201.80
USD PKR Interbank Buying / May 25	201.30
USD to Japanese Yen / May 25	127.41
USD to Swiss Franc / May 25	0.96
Pound Sterling to USD / May 25	1.26
Euro to USD / May 25	1.07
UK LIBOR % / May 25	0.82

Stock	Volume
S&P 500 / May 25	3978.73
India Sensex / May 25	53749.26
Tokyo Nikkei / May 25	26653.80
Nasdaq / May 25	11434.74
Hang Seng / May 25	19952.81
FTSE 100 / May 25	7522.75
Dow Jones / May 25	32120.28
Germany DAX 30 / May 25	14007.93
France CAC40 / May 25	6298.64

Item	Value
Crude Oil USD/Barrel / May 25	110.44
Karachi Cotton PKR/37.32 KG / May 25	21180.00
Gold 10 Grams PKR / May 25	120700.00
Gold Spot USD/Ounce / May 25	1849.73
Cotton US¢/pound / May 25	122.20

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