China Railway Construction updates on contract with Ministry Of Transport And Communications, Zambia
PRESS RELEASE, (ProBASE) – ProBASE has been nominated for the 2016 Africa Fintech Awards. The winner of the award will be announced at the Finance Indaba to be held at the Sandton Convention Centre on October 13 in South Africa.
JOHANNESBURG Aug 30 (Reuters) – Zambia plans to cut subsidies as agreed with the International monetary Fund, with talks on an aid package at an advanced stage, a presidential spokesman said on Tuesday.
HONG KONG/LONDON, August 25 (Fitch) – The opposition’s decision to challenge the result of Zambia’s recent presidential elections will delay agreement on IMF support, although we think a programme is still likely after groundwork was laid earlier this year, Fitch Ratings says.
Copper slide, unemployment heightens economic pressure.
Pre-election violence, court challenge could delay aid.
Zambia wary of conditions linked to Chinese investment.
Zambia has reported pockets of violence that analysts say could spiral as the country awaits the outcome of a court petition filed by opposition leader Hakainde Hichilema saying the vote was rigged. Some analysts say both sides should consider an all inclusive leadership approach to avoid dividing the country, but some want focus to turn back towards repairing the economy.
LUSAKA Aug 22 (Reuters) – Zambia’s broadcasting regulator on Monday suspended the licences of three private broadcasters, saying they had posed a risk to peace and stability during this month’s presidential election.
Lungu says he’ll take decisive action to lift economy
Africa’s No. 2 copper producer hit by commodities downturn
Opposition challenging Lungu re-election
Adds opposition vote petition pushed to Monday
Law bars inauguration while court challenge pending.
Lungu won 50.35 pct against 47.63 pct for Hichilema
Main opposition party to dispute outcome in court
Lungu says ‘no time for honeymoon’ to rebuild economy
Lungu narrowly wins re-election over rival Hichilema
Opposition UPND launches Constitutional Court challenge
Election fought over ailing economy in copper producer