The weakened Zambian kwacha (ZMK) is set to worsen, according to foreign exchange analysts, as the outlook for the global economy remains bleak for 2012
Finance
East African block to create 56,000 new jobs
Tanzania is to lead East African countries in creating more than 56,000 employment opportunities over the next five years, according to Ernst and Young
G4S announces African expansion plans
One of the world’s largest security companies, G4S, has made clear their intention to expand and enhance their already significant operations in Africa
Tanzania predicts economic boost after power systems improvement
Tanzania’s economy is expected to hit the seven per cent mark this year, higher than the 6.4 per cent it attained last year
India’s FDI to Zambia tops US$3 billion
Zambia’s foreign direct investment (FDI) inflow from India has exceeded US$3 billion for the last five years in various sector of the economy