Zambia has got a $1.3billion support package approval from the International Monetary Fund Board to restructure its debts and rebuild an economy ravaged by mismanagement and the COVID-19 pandemic. It.
Authorities in Zambia have extradited a Chinese citizen who fled Malawi last month over accusations of selling exploitative videos of Malawian children to China. Police in Malawi told VOA Sunday.
The International Monetary Fund, IMF, on Thursday called on creditor committees for Chad, Ethiopia and Zambia to quickly reach agreements with authorities to restructure the countries’ debts, saying this could.
Zambia is cancelling more than $2 billion worth of projects financed by commercial loans to reduce the risk of accumulating more non-concessional debt, the ministry of finance said. In 2020,.
President Hakainde Hichilema has announced that Zambia is making moves to abolish the death penalty. In a statement via his official Twitter handle, he termed it a “big decision” by.
The World Health Organization, WHO, says authorities in Mozambique have declared an outbreak of wild poliovirus type 1 after confirming that a child in the country’s northeastern Tete province has.
First Quantum Minerals, FQM, said on Sunday that its board had approved plans for a $1.25 billion expansion of its Kansanshi copper mine in Zambia, first floated in January 2020,.
China has committed to joining Zambia’s creditor committee, International Monetary Fund managing director, Kristalina Georgieva, said on Thursday, amid complaints from Zambia’s finance minister about delays to its debt restructuring..
Moxico Resources, based in the United Kingdom, is to invest $100 million to expand its majority-owned Mimbula copper mine in Zambia, according to UK Minister for Africa, Vicky Ford. Ford.
Rwanda and Zambia have signed seven Memoranda of Understandings (MoUs) to further enhance ties and integration between the two countries. The MoUs were signed by Minister of Foreign Affairs and.
