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African Development Bank Group rallies behind Zambia and plans up to $150 million in budget support as country succeeds with debt restructuring

African Development Bank Group rallies behind Zambia and plans up to $150 million in budget support as country succeeds with debt restructuring
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African Development Bank Group Rallies Behind Zambia And Plans Up To $150 Million In Budget Support As Country Succeeds With Debt Restructuring

African Development Bank Group Rallies Behind Zambia And Plans Up To $150 Million In Budget Support As Country Succeeds With Debt Restructuring
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Zambia Hikes Key Lending Rate to 9.5% After Inflation Spike

By Nicholas Bariyo

Zambia's central bank hiked it's key lending rate to 9.5% from 9.25% as Africa's second-top copper and cobalt producer grapples with spiralling inflation.

Central Bank Governor Denny Kalyalya said that inflation would remain. | 08:30am ....

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Zambia Central Bank Holds Lending Rate at 9%, Says Inflation Receding — Update

Zambia Central Bank Holds Lending Rate at 9%, Says Inflation Receding — Update
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High expectations of HH | Article Preview

The new president is sending all the right signals but needs to move fast to avoid disappointing voters and investors, President Hakainde Hichilema s record of early appointments and dismissals shows he is making good on his promise of a new start for governance and the economy, Lusaka pundits say, after his landslide victory over the Patriotic Front (PF) party in the 12 August general election. Some of the more controversial public officials of the previous regime, such as Treasury Secretary Fredson Yamba and a host of other unpopular permanent secretaries, are gone, while respected professionals dismissed by President Edgar Lungu, such as former Central Bank Governor Denny Kalyalya, have been reinstated. ....

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