Latest articles from Zambia

Zambia’s new president prioritises economic recovery

August 17, 2021

Hakainde Hichilema hopes to stabilise the economy with an IMF bailout and encourage foreign investment.

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Zanaco teaser

Zambian banks rethink traditional route to growth

September 2, 2019

Reforms and a large unbanked rural population are behind new strategies at Zambia’s otherwise stable banks. 

Lusaka teaser

Will Zambia resort to IMF deal?

September 2, 2019

Zambia is beset with problems stemming from the commodities price drop, the effects of a severe drought and rampant public spending. But is an IMF loan the solution? 

Denny Kalyalya teaser

Zambia CBG seeks salvation in rates and banking changes

September 2, 2019

As Zambia experiences weak credit growth and stubborn inflation, the country’s central bank governor talks to The Banker about its recovery strategy.

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.

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