Zambia says it has made progress in addressing several concerns raised by the US government, as it seeks to avoid being placed on an expanded travel ban list.

Zambia will borrow an additional 14.8 billion kwacha ($624 million) from the domestic market to cover a bigger-than-expected shortfall in this year’s budget, Finance Minister Situmbeko ...

Over the past decade, the world’s richest 1 percent have increased their wealth by at least $33.9 trillion, according to a new analysis from the global anti-poverty group Oxfam International.

Ghana and Zambia still have an opportunity to correct course. They can reaffirm Afreximbank’s preferred creditor status, exclude it from restructuring tables meant for commercial creditors, and ...

Former President Edgar Lungu of Zambia died on Thursday at a medical center in South Africa, where he was receiving treatment, his political party, the Patriotic Front, and his daughter announced.

Zesco has completed the 100 MW Chisamba solar farm in southern Zambia and has launched plans for a second 100 MW phase at the site, now home to sub-Saharan Africa’s largest grid-connected solar ...

Zambia’s government is facilitating hazardous mining and processing of toxic lead waste in the city of Kabwe that poses major health risks to children.

The Trump administration’s freeze on foreign aid and move to dismantle USAID is already “having deadly consequences,” according to one humanitarian organization.

At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.

The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that is three times faster than in 2023.

The Oxfam report, which draws on data compiled by Forbes, is timed to coincide with the kickoff of the annual World Economic Forum meeting in Davos, Switzerland, an elite gathering of some of the ...

Zambia is turning a new page. After nearly four years of effort, Zambia is nearing the completion of its debt restructuring via the G-20 Common Framework, following agreements with bilateral creditors ...