Latest articles from Zambia

Central banks drive Africas recovery

Central banks drive Africa's recovery

October 1, 2013

Africa’s underdeveloped economies and financial sectors have proved a barrier for central banks implementing monetary policy and prudential regulation. But recent years have seen significant progress, thanks in no small part to central banks’ growing independence from governments.

Caleb Fundanga TEASER

African central banks should invest in Africa's development

September 3, 2012

Africa’s central banks have amassed huge foreign reserves over the last decade, but they typically invest the majority of them in low-yielding developed world assets. They should look to put them to work in Africa instead.

African banks seek expansion beyond home markets

African banks seek expansion beyond home markets

May 1, 2012

African banks are increasingly looking outside of their domestic markets, and many of the continent's biggest lenders are now active in multiple countries, buoyed by greater access to vast unbanked populations and a more stable political environment.

Zambia's fresh ambition

August 4, 2009

Rupiah Banda, the new president of Zambia talks about his vision for transforming the southern African state's economy in the light of a severe economic downturn. Writer Charlie Corbett in Cape Town

Obstacles and optimism

July 1, 2008

As the rest of Africa ponders how to feed its inhabitants in the next few years, Zambia’s finance minister Ng’andu Magande tells Charlie Corbett that there is no food crisis in his country – but there are other obstacles to future prosperity.

Opportunity knocks

April 7, 2008

A stable economy and growing middle class is attracting international banks to Zambia. However, the greatest reward will come to whoever taps into the country’s 10 million unbanked inhabitants. Gill Baker reports.

Don’t tar all vultures with the same brush

March 5, 2007

The current Zambian case not withstanding, most distressed debt traders form a valuable part of the financial system.

Central Bank Governor of the year 2007

January 8, 2007

The Banker heralds the world’s best central bank governors who have stuck to their guns when under fire, whether it be encouraging diversification, controlling inflation or fighting off the governmental propensity for meddling.

Strong mandate fuels efforts for credit rating

November 6, 2006

With the election passed, and the incumbent President Levy Mwanawasa re-elected, Zambia eyes a possible international bond debut. James Eedes reports.

Gulf gets a retail boost

November 3, 2003

While Gulf banks enjoy strong results, banks in non-oil countries have seen a drop in their profits. Stephen Timewell reports.

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