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Zambian financial markets reopen today, having been closed yesterday on account of the Africa day public holiday. Moody’s on Monday announced the completion of a periodic review of Zambia’s ratings. According to the ratings agency, Zambia’s credit pro-file (issuer rating Ca) is constrained by the country’s “b2” economic strength, reflecting its small size, low per...

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It would seem that the global investment community is hopeful of an improvement in the broader fiscal outlook for the country which is demonstrated in the yield on the 2027 USD bond. According to Bloomberg, the bond is yielding some 19.612%, which is a whisker of the year to date low of 19.605% level recorded...

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The news wires yesterday focused squarely on the political front, with President Edgar Lungu launching the Patriotic Front manifesto for the next five years. The Lusaka Times reported the following – The Head of State said the PF Government would create a Stabilization Fund to cushion challenges and work towards eliminating road taxes in light...

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