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The Switzerland of Africa: New Exciting Investments Destination for Investors

By Yohane Mbeeya Moono Switzerland like Zambia is a landlocked country in the heart of Europe. Switzerland is a peaceful haven for most asylum seekers. This because the country once provided the Jews who fled from the holocaust of Adolf Hitler a safe haven. It is also home to many multinational organisations such as theContinue reading “The Switzerland of Africa: New Exciting Investments Destination for Investors”

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Deal to resolve Zambia’s debt crisis ‘LIKELY’

By Leo Komminoth June 16th 2022 • Zambia • Finance & Services Zambian officials met with an official committee of the country’s international creditors for the first time on Thursday as Lusaka seeks to negotiate a deal to restructure its unsustainable debt load and unlock IMF funding. The official creditor committee consists of members ofContinue reading “Deal to resolve Zambia’s debt crisis ‘LIKELY’”

All Weather Friend -China

The Director General African Affairs, for the People’s Republic of China, Mr Wu Peng, who is in Zambia with a message from His Excellency President Xi Jinping. China and France yesterday chaired IMF Common Framework meeting on Zambia’s debt situation. Zambia needs to be unlocked so that her economy can be opened up to moreContinue reading “All Weather Friend -China”

THE DEBT RESTRUCTURING PROCESS AND THE IMF SUPPORTED PROGRAMME

Lusaka, Sunday, 19th June 2022 – In light of public statements by certain sections of society on the status of the International Monetary Fund (IMF) Supported Programme and the debt restructuring process, the Ministry of Finance and National Planning considers it necessary to clarify on some matters of concern and on others that have beenContinue reading “THE DEBT RESTRUCTURING PROCESS AND THE IMF SUPPORTED PROGRAMME”