Zambia's Securities and Exchange Commission (SEC) has sanctioned Standard Chartered for mis-selling a Chinese property ...

LUSAKA, Jan. 10 (Xinhua) -- The African Development Bank (AfDB) has provided Zambia with about 13.2 million U.S. dollars to support a project aimed at enhancing water, sanitation, and hygiene in ...

Acknowledging that the water level at Lake Kariba which supplies water to the Kariba North Bank Power Plant has shown a slight increase, Zesco Limited pledged to maintain current reduced generation ...

The UK-headquartered bank, which is currently looking to sell its wealth and retail banking businesses in Zambia, was facing ...

By contrast, the outlook for emerging and developing economies appears increasingly bleak. In 2023, developing countries ...

Zambia’s currency kwacha plunged to a record low as a severe drought increases power prices and risks hurting the African nation’s economy.

If a hydroplant responsible for 30% of the nation’s electricity went offline, it would compound an energy crisis already roiling the nation ...

High debt levels are once again setting off alarm bells around the world. In developed countries, attention is focused on the ...

President-elect Donald J. Trump’s impending return to the White House has raised hopes among some African leaders, who expect it could lead to more investment, more trade deals and less lecturing on ...

The concepts of climate debt and ecological debt are central to successfully achieving the ecological bifurcation. The ...

Remittances from Africans abroad continue to play a pivotal role in supporting national economies and households across the ...

The report notes that loan defaults in Africa decreased by 13 percent in 2023 to $129.9 billion, attributed to debt restructuring and improving economic conditions.