LONDON (Reuters) – Zambia’s debt restructuring has been a complex, three-year process, which suffered a serious setback on Monday when bilateral creditors, including China, effectively ordered it secure more debt…
By Jorgelina do Rosario LONDON (Reuters) – The International Monetary Fund executive board will meet on July 12 to complete the first review of its $1.3 billion extended fund facility…
LUSAKA (Reuters) – Barrick Gold Corp said promising drill results could see the life of its Zambian Lumwana copper mine extended to 2060 from 2042, its Chief Executive Officer Mark…
By Andrea Shalal WASHINGTON – Zambia’s official creditors are expected to offer it financial assurances by the end of July, paving the way for the first debt restructuring under a…
LUSAKA – Zambia’s central bank on Wednesday left its main lending rate unchanged at 9% as inflation slowed, Governor Denny Kalyalya told a news conference. However, Kalyalya said a projected…