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2021 March

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Zambia’s Finance Ministry on Friday said that it would resume virtual talks with the International Monetary Fund on the 30th  of March. Talks are expected to continue into the first two weeks of April. According to the ministry, the talks aim to agree to an appropriate policy reform agenda to address “economic challenges that Zambia...

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The domestic data card picks up today with the latest inflation and trade numbers on tap. In February headline inflation accelerated further, coming in at 22.2% y/y from 21.5% y/y in the month prior, underpinned by food prices which rose at the fastest pace in at least a decade. With inflation moving further away from...

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It was uneventful day in Zambia amid a continued dearth of domestic data yesterday. The focus was therefore on offshore developments.  At its latest FOMC meeting, the Fed opted to keep rates near zero and to persist with asset purchases of at least $120bn per month. Although the decision to hold monetary policy unchanged will...

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