Zambia’s debt-rework battle scars mar its Common Framework success LONDON: Zambia’s deal with bondholders this week suggests it will finally emerge from more than three years in... Published 30 Mar, 2024 04:58am
World Zambia’s president confirms creditor agreement with China and India LUSAKA: Zambian President Hakainde Hichilema said on Saturday that his country had signed a long-awaited official... Published 24 Feb, 2024 07:37pm
Sports Much-fancied Morocco enjoy strong start at AFCON ABIDJAN: Shock 2022 World Cup semi-finalists Morocco cruised to a 3-0 win over 10-man Tanzania as they opened their... Published 18 Jan, 2024 11:51am
Sports Morocco under pressure to repeat World Cup heroics at AFCON ABIDJAN: Morocco set new standards for African football just over 12 months ago at the Qatar World Cup but the... Published 10 Jan, 2024 12:56pm
World Zambia signs debt deal with creditors: IMF chief MARRAKESH: Zambia has signed a debt deal with its foreign lenders, the IMF’s chief announced Thursday, providing... Published 12 Oct, 2023 08:38pm
World Egypt arrests journalist after report on smuggling case CAIRO: Egyptian authorities have arrested journalist Karim Asaad after his fact-checking service had published... Published 21 Aug, 2023 06:58am
Sports Putellas ready for Spain’s second World Cup outing against ‘dangerous’ Zambia AUCKLAND: Spain are expecting anything but a walk in the park when they face Zambia in their second Women’s World... Published 25 Jul, 2023 10:09am
Sports Zambia focused on football ahead of first Women’s World Cup campaign Zambia will be focusing resolutely on the football in their first appearance at the Women’s World Cup, captain... Published 12 Jul, 2023 11:02am
World Zambia seals $6.3bn restructuring in breakthrough for developing nations PARIS: Zambia has struck a deal to restructure $6.3 billion in debt owed to other governments, including China,... Published 23 Jun, 2023 01:16pm
Markets Pakistan bonds advance after Zambia clinches debt restructuring deal: report Pakistan’s 8.25% 2024 bond was indicated climbing half a cent to about 50 cents on the dollar, reported Bloomberg Updated 23 Jun, 2023 02:59pm
World IMF: Zambia needs bilateral debt relief to secure next payout LUSAKA: The next International Monetary Fund (IMF) payout to Zambia from a total loan of $1.3 billion is contingent... Published 06 Apr, 2023 05:23pm
Business & Finance Zambia Chamber chief visits FCCI offices, woos potential investors FAISALABAD: Africa is poised to emerge as a new global economic destination and Pakistan must contemplate ... Published 03 Mar, 2023 07:19am
World G20 meeting in India: where debt-ridden countries including Pakistan are in focus LONDON: Meetings being held in India will see top officials from the Group of 20 leading economies discuss how to... Published 24 Feb, 2023 10:17pm
World IMF sees broad outline of deal with China on Zambian debt: Georgieva LUSAKA: The head of the International Monetary Fund said on Tuesday that it had reached an understanding in... Published 24 Jan, 2023 05:00pm
Markets Kenyan shilling, Nigerian naira, Zambian kwacha seen under pressure NAIROBI: Kenya’s shilling, Nigeria’s naira and Zambia’s kwacha are expected to remain under pressure against the... Published 19 Jan, 2023 05:36pm
World UN experts to contribute in Zambian lead poisoning case JOHANNESBURG: A top South African court on Friday granted UN experts a role in proceedings against Anglo American,... Published 25 Nov, 2022 06:26pm
World Zambia debt relief pledge clears way for $1.4bn program, says IMF JAKARTA/LONDON: Zambia’s creditors pledged to negotiate a restructuring of the country’s debts on Saturday, a move... Published 30 Jul, 2022 07:14pm
Markets 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
