Fitch Downgrade Zambia Long-Term Foreign-Currency
On 18th November 2020, Fitch Ratings has downgraded Zambia’s Long- and Short-Term Foreign-Currency Issuer Default Ratings (IDR) to Restricted Default ‘RD’ from ‘C’.
Zambia News: Business – Investments – Economy
Zambia Agriculture MSMEs Get Boost
The Zambia Development Agency (ZDA) and MUSIKA, a non-profit company focused on stimulating private investment in the Zambian agricultural market, have signed a Memorandum of…
Zambia Virtual Import-Export Conference and Exhibition (IMPEX): 24th – 25th November 2020
The Zambia Development Agency (ZDA), in collaboration with the Ministry of Commerce, Trade and Industry, is organizing the first virtual Import and Export Conference and…
Tanzania-Zambia Crude Oil Pipeline Seek USD 400 Million for Upgrade
Tazama, the 1,710 km (1,063 mi) long crude oil pipeline from the port of Dar-es-Salaam, Tanzania, to the Indeni Petroleum Refinery in Ndola, Zambia, is…
AfDB Approves USD 11.1 M To Support Zambia Public Finance
The African Development Fund recently approved USD 11.1 million to support Zambia’s public finance and economic management as part of efforts to restore fiscal stability…
British American Tobacco Get Investment Protection in Zambia
The Zambia Development Agency (ZDA) has signed an Investment Promotion and Protection Agreement (IPPA) with the British American Tobacco (BAT) Zambia Plc.
Zambia GDP to Grow 4.3% in 2017, Inflation to Remain Stable
The Ministry of Finance of Zambia has recently issued a statement on the economy indicating that GDP growth in 2017 is projected to rise to…
Zambia Central Bank Reduces Interest Rate to 14% in February 2017
On 22nd February 2017 the Bank of Zambia (BoZ) reduced the Policy Rate from 15.5% to 14%, the Statutory Reserve Ration from 18% to 15.5%…
Zambia Showcase Investment Opportunities in Eastern Province
The Eastern Province Development Symposium has officially started in Chipata, to promote investments in the province, both local and foreign, especially in agriculture, tourism and mining.
Zambia to Set Entrepreneurial Fund for SMEs
The Government of Zambia is currently in the process of creating an Entrepreneurial Fund for the private sector to facilitate the creation of a scheme…