#Zambia FX reserves in decline since Aug 2017 as external debt payments are more-often-than-not now larger than FX inflows. External debt service up 90% in 2019. Can't see a way out of debt challenges without some combo of IMF program $ / China loan reprofiling / PBOC credit line pic.twitter.com/eQaeNsqFOu — Gregory Smith (@emsovdebt) April […]
Atlas Mara Ltd. is shaking things up by exiting some of its operations on the continent in exchange for a share of Kenya’s biggest bank by market value. The sub-Saharan African bank, founded by ex-Barclays Plc chief Bob Diamond, will swap its operations in Rwanda, Zambia, Mozambique and Tanzania for a 6.27 percent stake in Nairobi-based Equity […]
By JOHN SAKALA Minister of Defence, Davies Chama has called for enhanced collaboration between Zambia and Turkey under the framework of the proposed Defence Cooperation Agreement between the two countries. Mr Chama said enhanced defence cooperation with Turkey is timely and in line with Government’s agenda to modernise the Zambia Defence Force as well as […]
Former UPND vice president for Administration Geoffrey Bwalya Mwamba (GBM) has resigned from UPND and rejoined the ruling PF.
Minister of Defence, Davies Chama has arrived in Turkey’s commercial and industrial hub of Istanbul to attend the three-day 14thInternational Defence Industry Fair (IDEF). The Minister will today be among dignitaries invited to attend IDEF, which is will be officially opened by Turkish President Recep Tayyip Erdogan. Mr Chama is also expected to hold bilateral […]
Brian Kabinga,the man who acts as a Boss in Security Guard and a Detective in Mpali has untimely passed on.
The Independent Observer
Alice Nachilembe
