Zambia's budget deficit is projected at 9.8% of GDP this year and not more than 7.7% in 2023, finance minister Situmbeko Musokotwane said on Friday, as he presented the southern African nation's 2023 ...

LUSAKA, Sept 30 (Reuters) - Zambia will have a wider budget deficit this year than previously projected while economic growth is seen slowing compared to last year, Finance Minister Situmbeko ...

Zambia plans to reduce its budget deficit next year, even as it makes further cuts to copper mining royalties, Finance Minister Situmbeko Musokotwane said. The spending shortfall will shrink to 7.7% ...

LUSAKA, July 16 (Reuters) - The Zambian economy is expected to grow by just 2.7% in 2023 from 4.7% in 2022, as contractions in mining and energy drag on growth, a budget plan released by the ministry ...

Across rural Zambia, small solar home systems and lanterns have transformed daily life. Between 2018 and 2022, more than 1 ...

NEW YORK, September 21 – This morning, World Bank Group President David Malpass met with President Hakainde Hichilema of Zambia. President Malpass and President Hichilema discussed Zambia’s progress ...

Zambia launches a three-pillar strategy focused on energy security, national infrastructure sharing and faster rollout of telecom towers. The government seeks $280 million to deploy backup and ...

LUSAKA, July 16 (Reuters) - The Zambian economy is expected to grow by just 2.7% in 2023 from 4.7% in 2022, as contractions in mining and energy drag on growth, a budget plan released by the ministry ...

WASHINGTON, September 7, 2022 — Today, World Bank Group (WBG) President David Malpass held a phone conversation with President Hakainde Hichilema of Zambia. President Malpass commended Zambia’s ...