Nov. 29, 2023 /IEconomy/ — Zambia is a country in southern Africa that has been struggling with a heavy debt burden for many years. In 2020, the country became the first African nation to default on its sovereign debt during the COVID-19 pandemic. In an effort to get its finances back on track, Zambia has been seeking to restructure its debt with its creditors. Continue reading
LUSAKA, ZAMBIA – Barrick’s transformation of its Lumwana mine into a world-class producer will provide strong impetus for the government’s thrust to revive the country’s copper industry, president and chief executive Mark Bristow said yesterday after a meeting with Zambian President Hakainde Hichilema.