LUSAKA (Reuters) -Zambia's central bank kept its benchmark lending rate unchanged at 14.50% in a decision announced on Friday. The Bank of Zambia had raised its Monetary Policy Rate by 50 basis ...

The Kenyan, Nigerian, Ghanaian and Ugandan currencies are expected to be broadly unchanged in the next week to Thursday, ...

Emmanuel Mwamba and Fiona Mulaisho respond to an editorial on US aid cuts to Zambia and huge sums taken out of the country by ...

A view of the Bank of Zambia in Lusaka, Zambia February 23, 2024. REUTERS/Namukolo Siyumbwa/File Photo LUSAKA, Feb 12 (Reuters) – Zambia’s central bank raised its main lending rate for the ...

Supporting the kwacha’s stability has been Zambia’s Gross International Reserves (GIR) which rose to $4.5 billion as of 31st March 2025, up by $200 million from the end of December 2024. This reserve ...

The Bank of Zambia was established to take over from the Bank of Northern Rhodesia on the 7th of August,1964 although its Act was only passed in June, 1965. The Bank of Northern Rhodesia was itself ...

Since establishing its temporary country office in 2007 with just four staff members, the African Development Bank's presence ...

The decision by Ghana and Zambia to relegate Afreximbank was made during an ongoing comprehensive debt restructuring. Ghana ...

the World Bank provided technical assistance to the LWSC IT department to upgrade its mobile payment system, improving billing and incentivizing sewer service connections. The Lusaka Sanitation ...

LUSAKA, May 23 (Xinhua) -- The Bank of China (BoC) on Friday celebrated a decade of operating as a renminbi (RMB) clearing bank in Zambia, reaffirming its commitment to promoting cross-border ...