By Kanishka Singh WASHINGTON (Reuters) – The U.S. Treasury Department’s top international official spoke with Zambia’s finance minister on Wednesday and discussed Zambia’s ongoing debt …
By Rachel Savage and Karin Strohecker JOHANNESBURG/LONDON (Reuters) -Zambia suffered a major setback in its debt restructuring efforts after the government on Monday said a …
JOHANNESBURG (Reuters) -The International Monetary Fund’s executive board has approved an immediate $189 million disbursement to Zambia following its first review of a $1.3 billion …
LONDON (Reuters) -Zambia on Thursday confirmed it had agreed a debt restructuring deal with its official creditors, adding it would now seek a quick agreement …
NEW YORK (Reuters) – The International Monetary Fund is encouraged by the progress in discussions between Zambia and its official creditors, and an agreement could …
LONDON (Reuters) – Zambia has sent a debt restructuring proposal to its official creditors, a spokesperson for the government’s advisors said on Monday. The country, …
By Jorgelina do Rosario and Rodrigo Campos WASHINGTON/NEW YORK (Reuters) – Zambia last week gave its bondholders a “concrete proposal” for the restructuring of some …
By Jorgelina do Rosario and Andrea Shalal WASHINGTON (Reuters) -Zambia could lose gains achieved so far from macroeconomic reforms if its ongoing debt restructuring is …
LUSAKA (Reuters) -The World Bank is releasing $100 million for Zambia amid substantial delays in its debt restructuring efforts as its creditors drag their feet, …
JOHANNESBURG (Reuters) – California-based artificial intelligence exploration firm KoBold Metals is investing $150 million to develop a copper mine in Zambia, the company announced at …
LONDON (Reuters) – The International Monetary Fund has urged default-stricken Zambia to strike a debt restructuring deal with its international creditors as soon as possible …
By Andrea Shalal WASHINGTON (Reuters) -World Bank and IMF officials are pressing Zambia’s creditors to accelerate negotiations on reducing the country’s official debt burden, but …
By Jorgelina do Rosario and Rachel Savage WASHINGTON/JOHANNESBURG (Reuters) – Zambia’s finance minister said on Saturday it is still unclear who will be leading talks …
JOHANNESBURG (Reuters) – Zambia remains in touch with China and all its other creditors as it continues to negotiate a debt restructuring, finance minister Situmbeko …
By Andrea Shalal WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva on Monday said she hoped debt restructuring efforts for Zambia and Chad …
JOHANNESBURG (Reuters) – Over 100 economists and development experts on Friday called for asset manager BlackRock and other holders of Zambian bonds to cancel some …
By Chris Mfula LUSAKA (Reuters) – The International Monetary Fund (IMF) does not anticipate any relief for Zambia after the end of a 2022-2025 debt …
LUSAKA (Reuters) -Zambia will not be paying its $750 million euro bond due in September until new terms of payment are agreed between the government …
By Chris Mfula LUSAKA (Reuters) – Zambia’s debt restructuring will be a mixture of haircuts to loans’ original value and maturity extensions, a senior Zambian …
By Chris Mfula LUSAKA (Reuters) – Zambia’s central bank kept its monetary policy rate unchanged at 9.0% on Wednesday, and lowered its inflation and economic …
By David Lawder WASHINGTON -The International Monetary Fund on Thursday called on creditor committees for Chad, Ethiopia and Zambia to quickly reach agreements with authorities …
By Rachel Savage and Jorgelina do Rosario LONDON – China has committed to joining Zambia’s creditor committee, International Monetary Fund managing director Kristalina Georgieva said …