The Zambian Central Statistical Office (CSO) indicates that the annual rate of inflation in October 2016 decreased to 12.5%, from 18.9% in September 2016.
Zambia News: Business – Investments – Economy
Zambia’s President Edgar Lungu recently said that agriculture will be a top priority in the country’s economic diversification agenda.
The International Monetary Fund (IMF) projects that Zambia’s GDP growth will reach 4% in 2017, compared to 3% in 2016.
Zambia’s President Lungu recently said that his government will commit to promoting renewable energy development in the country, including solar and biogas.
The Zambian Government officially launched its economic recovery program on October 20th, 2016.
Zambia’s President Lungu recently said that his government aims to create 1m additional jobs in the next 5 years in manufacturing, agriculture, infrastructure, tourism, and…
The African Development Bank (AfDB) has approved a USD50m line of credit to the Development Bank of Zambia (DBZ) for lending to local Small and…
Zambia is likely to increase its maize production by more than 30% by 2025, from the current 3m t to over 4m t.
The World Bank (WB) estimates that Zambia has to reduce its fiscal vulnerabilities, such as large deficits and inefficient government spending, to achieve economic recovery.
Matongo Matamwandi, Investment Promotion Director at the Zambia Development Agency (ZDA), recently announced that investment opportunities in infrastructure, particularly in roads, railways and energy infrastructure…