Zambia

Zambia’s external debt rises to $7.2 billion – finmin – Reuters – 27/06/2017

Zambia's external debt stood at $7.2 billion at the end of May, up from $6.86 billion at the end of last year, Finance Minister Felix Mutati said on Tuesday.

Source:  Reuters, 2017/06/27

By |June 29th, 2017|Categories: News|Tags: , , |

IMF fear forces Zambia to disclose true debt: external $ 17 b, local K38 b – Zambian Watchdog – 21/06/2017

Finance Minister Felix Mutati disclosed the shocking statistics in parliament Wednesday afternoon when he said that Zambia’s external debt alone is US $ 17.2 billion. The domestic debt is now 38.6 billion. Remember that Zambia’s Gross Domestic Product (GDP) is only USD 20.9 billion (2017, World Bank estimate).

Source:  Zambian Watchdog, 2017/06/21

By |June 22nd, 2017|Categories: News|Tags: , , |

Zambia eyes energy diversification, reviews South Africa’s progress – Creamer Media – 09/12/2016

Zambia has started reviewing its options to reverse the country's current energy constraints and diversify its own energy mix, leaving no viable potential initiatives off the table as it seeks to become a "power trader".

Source:  Creamer Media, 2016/12/09

By |December 15th, 2016|Categories: News|Tags: , , |