Zambia – Page 21 – Medafrica Times

Zambia: ‘We will maintain a flexible exchange rate’ – Central Bank Governor

September 4, 2015 Geraldine Boechat 0

Zambia’s central bank will not intervene in the foreign exchange market to defend the kwacha, Governor Denny Kalyalya said on Thursday after the currency fell […]

Zambia: Lower economic growth foreseen as copper earnings drop

August 31, 2015 Geraldine Boechat 0

Zambia’s Ministry of Finance indicated on Sunday that slower economic growth and more fiscal deficit are expected this year as weak global demand for copper […]

Zambia: Dangote Cement plans $900 Mln investment

August 5, 2015 Khalid Al Mouahidi 0

Dangote Cement plans to double investment in Zambia to around $900 million by building a second cement plant, the company’s vice-president said on Tuesday. Dangote […]

Zambia: Copper mines facing 30% cut in power supply

July 31, 2015 Steven Addamah 0

Zambia’s power provider to mining companies, Copperbelt Energy Corp., has announced a power supply cut by 30 percent starting Thursday midnight, the country’s Chamber of […]

Zambia to issue $2 bln 10-year Eurobond

July 23, 2015 Khalid Al Mouahidi 0

Zambian government plans to issue a 10-year Eurobond which could reach up to $2 billion to be mainly used to fund its budget deficit that […]

Coffee giant Starbucks to open stores in Sub Saharan Africa in 2016

July 15, 2015 Khalid Al Mouahidi 0

After it struck a deal with Taste Holdings on Tuesday, the coffee giant Starbucks says it will open stores in sub-Saharan Africa for the first […]

South Africa will import white maize from Mexico

July 6, 2015 Steven Addamah 0

South Africa’s recent drought has forced the country to import maize again. The news comes after confirmation that South Africa will import about 50-thousand tons […]

India’s M&M looks to maintain double-digit growth in Africa

July 1, 2015 Khalid Al Mouahidi 0

India’s largest utility and tractor producer, Mahindra and Mahindra or M&M, has set up an Africa-focused business unit as it looks to maintain double-digit growth […]

Zambia not to benefit from Africa’s TFTA

June 10, 2015 Geraldine Boechat 0

Three African trade blocks, the Common Market for Eastern and Southern Africa (COMESA), the Eastern African Community (EAC) and the Southern African Development Community (SADC) […]