economy

economy

China Turns to African Oil after Iran Ban

China Turns to African Oil after Iran Ban

Africa-Press - Zambia. The petrochemical company Hengli, one of the largest independent refining companies in China, has begun shifting towards purchasing oil...
East Africa Budgets Face War and Debt Pressure

East Africa Budgets Face War and Debt Pressure

Africa-Press - Zambia. The governments of Kenya, Uganda, and Tanzania have presented their budgets for the fiscal year 2026-2027 amid increasing economic...
Zambia Announces First Debt-For-Development Swap

Zambia Announces First Debt-For-Development Swap

Africa-Press - Zambia. The government of Zambia has announced that it has received near-unanimous support from bondholders for an innovative deal to...
KAPONYA THINKING: IF RESERVES ARE HIGH WHY ARE PEOPLE STILL STRUGGLING?-Saviour Chishimba - The Zambian Observer

KAPONYA THINKING: IF RESERVES ARE HIGH WHY ARE PEOPLE STILL STRUGGLING?-Saviour Chishimba – The...

KAPONYA THINKING: IF RESERVES ARE HIGH WHY ARE PEOPLE STILL STRUGGLING? Kaponyanomics is the single most defining feature of a leadership that once took our...
Zambia Targets $1B Tourism in 2026

Zambia Targets $1B Tourism in 2026

Africa-Press - Zambia. Zambian President Hakainde Hichilema has announced a target of over 2.5 million international arrivals and achieving $1 billion in...
Africa Growth Stays Resilient Amid Global Turmoil

Africa Growth Stays Resilient Amid Global Turmoil

Africa-Press - Zambia. African economies are expected to grow by 4.2% in 2026, a slight decrease from the 4.4% recorded in 2025,...
Africa Growth Stays Resilient Amid Global Turmoil

Africa Growth Stays Resilient Amid Global Turmoil

Africa-Press - Zambia. African economies are expected to grow by 4.2% in 2026, a slight decrease from the 4.4% recorded in 2025,...
India Buys Oil from West Africa

India Buys Oil from West Africa

Africa-Press - Zambia. India has purchased approximately 5 million barrels of crude oil from West Africa and the Middle East through a...
Iran War could Push Oil to $150 a Barrel

Iran War could Push Oil to $150 a Barrel

Africa-Press - Zambia. Bilal Shaib, an economic expert, confirmed that the American war on Iran is exacerbating existing crises such as the...
SADC Approves Roadmap to Tackle Market Turmoil

SADC Approves Roadmap to Tackle Market Turmoil

Africa-Press - Zambia. Foreign ministers from the Southern African Development Community (SADC) concluded their meetings in Skukuza, South Africa, after three days...