News from Reuters on ZAMBIA

  
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Tue, 16 Apr 2019 Zambian miner Lumwana says higher taxes will have severe impact on business
LUMWANA, April 16 (Reuters) - Higher mineral taxes in Zambia will have a severe effect on Lumwana Mining Company's operations, driving its costs up, the copper miner's country manager, Nathan Chishimba, told journalists on Tuesday.

Thu, 11 Apr 2019 WEEKAHEAD-AFRICA-FX-Tanzanian shilling to hold steady, Uganda's to weaken
NAIROBI, April 11 (Reuters) - The Kenyan and Ugandan shillings are expected to weaken against the U.S. dollar in the next week to Thursday while Tanzania's currency is likely to hold steady, traders said.

Wed, 10 Apr 2019 Award-winning start-up targets affordable medicine for every African
DAKAR, April 10 (Thomson Reuters Foundation) - A Ghana-based start-up has received $1.5 million from Ebay billionaire Jeff Skoll to support its work in changing Africa's pharmaceutical industry to make medicines more affordable.

Wed, 10 Apr 2019 UPDATE 1-Nearly 2,000 Zambian villagers can sue Vedanta in England - Supreme Court
* Vedanta says will defend itself (Adds detail, background, quotes)

Wed, 10 Apr 2019 IMF cuts Sub-Saharan Africa's 2019 growth forecast to 3.5 percent
NAIROBI, April 10 (Reuters) - The International Monetary Fund cut its 2019 economic growth projection for sub-Saharan Africa this year to 3.5 percent, from 3.8 percent set last October, hot on the heels of a downgrade by the World Bank earlier in the week.

Wed, 10 Apr 2019 Nearly 2,000 Zambian villagers can sue Vedanta in English courts - Supreme Court
LONDON, April 10 (Reuters) - Nearly 2,000 Zambian villagers have the right to sue mining company Vedanta in the English courts, the Supreme Court in London said on Wednesday.

Mon, 08 Apr 2019 World Bank cuts Zambia’s 2019 GDP growth forecast
LUSAKA, April 8 (Reuters) - The World Bank sees Zambia's economic growth slowing in 2019, to 3.3 percent from 3.5 percent seen last year, as the southern African nation's growing debt pile and weakening currency put pressure on government revenue, the lender said on Monday.

Mon, 08 Apr 2019 UPDATE 1-Sub-Saharan economic growth recovery to take longer - World Bank
NAIROBI, April 8 (Reuters) - The World Bank has cut its growth forecast for Sub-Saharan Africa this year to 2.8 percent from an initial 3.3 percent, it said on Monday.

Mon, 08 Apr 2019 Sub-Saharan economic growth recovery to take longer -World Bank
NAIROBI, April 8 (Reuters) - The World Bank has cut its growth forecast for Sub-Saharan Africa this year to 2.8 percent from an initial 3.3 percent, it said on Monday.

Fri, 05 Apr 2019 Zambia awards three joint ventures 120 MW solar power tender
LUSAKA, April 5 (Reuters) - Zambia has awarded three regional and international companies a total of 120 megawatts (MW) of solar power projects, a senior government official said on Friday.