According to the statement of Finance Minister Bwalya Ng'andu, Zambia is planning to bring down its fiscal deficit and external debt in 2021 after the overshot plans in 2020 due to the global epidemic. The country's second copper producer had to ask lenders to delay interest on three outstanding dollar-denominated bonds during the calamity. Bwalya Ng'andu claimed that Zambia's fiscal deficit would be...
Twelve communities in Luangwa's valley receive direct cash payments of $2.3 million after partnering with BioCarbon Partners (BCP) that deals in conserving forests. The local population started monetizing forest resources after projects such as LZRP, REDD, LCFP (Luangwa Community Forest Project) was put in place by the Department of National Parks and Wildlife Zambian Forestry Department. BCP...
According to the CEO of Stanbic Bank, Leina Gabaraane, to build a stronger economy post the COVID-19 pandemic, ZAMBIA embraces significant shifts created in the virus's local economic landscape. According to Jimmy Khan, the CEO of Lafarge ZAMBIA, There has been quite a notable shift in ZAMBIA's domestic construction industry due to the acute increase in small projects all over the country. Gabaraane...
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