Trends - Zambia - Business Recorder

Zambia

IMF reaches staff agreement with Zambia for $185.5 million disbursement

WASHINGTON: The International Monetary Fund said on Monday that it reached a staff-level agreement for the fourth...

Published 12 Nov, 2024 11:55am

World

As poor nations’ default wave peaks, cash shortage could take its place

LONDON: The punishing post-COVID wave of sovereign defaults has finally crested, with the likes of Ghana, Sri Lanka...

Updated 22 Oct, 2024 04:31pm

Business & Finance

Zambia’s debt-rework battle scars mar its Common Framework success

LONDON: Zambia’s deal with bondholders this week suggests it will finally emerge from more than three years in...

Published 30 Mar, 2024 04:58am

World

Zambia’s president confirms creditor agreement with China and India

LUSAKA: Zambian President Hakainde Hichilema said on Saturday that his country had signed a long-awaited official...

Published 24 Feb, 2024 07:37pm

Sports

Much-fancied Morocco enjoy strong start at AFCON

ABIDJAN: Shock 2022 World Cup semi-finalists Morocco cruised to a 3-0 win over 10-man Tanzania as they opened their...

Published 18 Jan, 2024 11:51am

Sports

Morocco under pressure to repeat World Cup heroics at AFCON

ABIDJAN: Morocco set new standards for African football just over 12 months ago at the Qatar World Cup but the...

Published 10 Jan, 2024 12:56pm

World

Zambia signs debt deal with creditors: IMF chief

MARRAKESH: Zambia has signed a debt deal with its foreign lenders, the IMF’s chief announced Thursday, providing...

Published 12 Oct, 2023 08:38pm

World

Egypt arrests journalist after report on smuggling case

CAIRO: Egyptian authorities have arrested journalist Karim Asaad after his fact-checking service had published...

Published 21 Aug, 2023 06:58am

Sports

Putellas ready for Spain’s second World Cup outing against ‘dangerous’ Zambia

AUCKLAND: Spain are expecting anything but a walk in the park when they face Zambia in their second Women’s World...

Published 25 Jul, 2023 10:09am

Sports

Zambia focused on football ahead of first Women’s World Cup campaign

Zambia will be focusing resolutely on the football in their first appearance at the Women’s World Cup, captain...

Published 12 Jul, 2023 11:02am

World

Zambia seals $6.3bn restructuring in breakthrough for developing nations

PARIS: Zambia has struck a deal to restructure $6.3 billion in debt owed to other governments, including China,...

Published 23 Jun, 2023 01:16pm

Markets

Pakistan bonds advance after Zambia clinches debt restructuring deal: report

Pakistan’s 8.25% 2024 bond was indicated climbing half a cent to about 50 cents on the dollar, reported Bloomberg

Updated 23 Jun, 2023 02:59pm

World

IMF: Zambia needs bilateral debt relief to secure next payout

LUSAKA: The next International Monetary Fund (IMF) payout to Zambia from a total loan of $1.3 billion is contingent...

Published 06 Apr, 2023 05:23pm

Business & Finance

Zambia Chamber chief visits FCCI offices, woos potential investors

FAISALABAD: Africa is poised to emerge as a new global economic destination and Pakistan must contemplate ...

Published 03 Mar, 2023 07:19am

World

G20 meeting in India: where debt-ridden countries including Pakistan are in focus

LONDON: Meetings being held in India will see top officials from the Group of 20 leading economies discuss how to...

Published 24 Feb, 2023 10:17pm

World

IMF sees broad outline of deal with China on Zambian debt: Georgieva

LUSAKA: The head of the International Monetary Fund said on Tuesday that it had reached an understanding in...

Published 24 Jan, 2023 05:00pm

Markets

Kenyan shilling, Nigerian naira, Zambian kwacha seen under pressure

NAIROBI: Kenya’s shilling, Nigeria’s naira and Zambia’s kwacha are expected to remain under pressure against the...

Published 19 Jan, 2023 05:36pm

World

UN experts to contribute in Zambian lead poisoning case

JOHANNESBURG: A top South African court on Friday granted UN experts a role in proceedings against Anglo American,...

Published 25 Nov, 2022 06:26pm

World

Zambia debt relief pledge clears way for $1.4bn program, says IMF

JAKARTA/LONDON: Zambia’s creditors pledged to negotiate a restructuring of the country’s debts on Saturday, a move...

Published 30 Jul, 2022 07:14pm

Markets

Zambia finmin says IMF programme needed for orderly debt restructuring

LUSAKA: An orderly debt restructuring process for Zambia will be extremely difficult to achieve without an...

Published 06 May, 2022 01:48pm

Sports

Liverpool’s Keita pulls out of Guinea squad with knee injury

Liverpool midfielder Naby Keita has pulled out of the Guinea squad for their international friendlies with South...

Published 22 Mar, 2022 12:15pm

World

Swashbuckling adventure novelist Wilbur Smith dies aged 88

JOHANNESBURG: Zambian-born bestselling adventure author Wilbur Smith has died at his home in South Africa after a...

Published 15 Nov, 2021 05:24am

Markets

Zambian president to meet IMF, World Bank in Washington

President Hakainde Hichilema's spokesman, Anthony Bwalya, in a statement issued from New York, did not say when the meetings would take place

Published 23 Sep, 2021 11:29am

World

'Cattle boy' millionaire: Zambia's new president

The veteran opposition politician made six bids for the presidency before finally landing the top job in a landslide

Published 24 Aug, 2021 09:26am

World

Zambia's opposition leader Hichilema wins presidential vote at sixth bid

With 155 of 156 constituencies reporting, official results showed Hichilema had captured a landslide of 2,810,757 votes against 1,814,201 for President Edgar Lungu

Published 16 Aug, 2021 09:59am

World

Zambia gears up for tense economy-dominated vote

LUSAKA: Campaigning was winding up Wednesday on the eve of Zambia’s tightly fought presidential and legislative...

Published 12 Aug, 2021 04:34am

World

Zambia's former president Kaunda hospitalised: official

Kaunda ruled Zambia for 27 years, taking the helm after the country gained independence from Britain in October 1964.

Published 14 Jun, 2021 07:34pm

Markets

Glencore losses deepen on massive write-offs

The trading arm of the company saw operating profit soar 41 percent to $3.3 billion, reflecting the huge volatility of metal and oil prices.

Published 16 Feb, 2021 02:37pm

World

Zambia allocated 8.7mn COVID-19 vaccines from African Union

Zambia, with a population close to 18 million, has 45,337 COVID-19 cases and 639 people have died from the disease.

Published 24 Jan, 2021 06:27pm

World

Zambia, IMF to hold talks on credit facility from next month

The programme discussions will centre of the government's objectives to attain fiscal and debt sustainability.

Published 22 Jan, 2021 09:06pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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