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

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.

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

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

It is a wonder that Zambia’s banks survive, let alone make money, in a country where running costs are high, reports Gill Baker.