APRNEWS - The African Development Fund on Tuesday approved $11.1 million to support Zambia’s public finance and economic management as part of efforts to restore fiscal stability and improve livelihoods in the middle-income Southern African nation.
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APRNEWS - Zambia has denied claims by a White House official that China is about to take over its state power utility to recover $6-10 billion debt, noting the utility was never provided as collateral and its debt to Beijing was only $3.1 billion.
APRNEWS - Bank of Zambia (BoZ), the country’s central bank has cautioned members of the public against cryptocurrencies. BoZ says cryptos are not legal tender in the Republic of Zambia, local portal Mwebantu reports.