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  • African Markets - Factors to watch on Oct 16

  • NAIROBI, Oct 16 - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Wednesday. - - - - - EVENTS: Kenya to inaugurate the second leg of Chinese-built railway UN Refugee agency head arrives in Zambia on southern Africa tour GLOBAL MARKETS Asian shares inched higher while sterling came off five-month highs in volatile trade on Wednesday as investors looked to whether
  • Zambia scraps plan to replace VAT with sales tax

  • Zambia will not replace its value-added tax (VAT) with a non-refundable sales tax, Finance Minister Bwalya Ng'andu said on Friday, after the proposal met substantial opposition from businesses.
  • African Markets - Factors to watch on Sept. 27

  • The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Friday. - - - - - EVENTS: *Zambia's Finance Minister Bwalya Ng'andu to unveil the 2020 national budget, where he is expected provide GDP growth forecasts and give insights on how the government plans to shore up public finances and bring down mounting debt. GLOBAL MARKETS Asian shares slipped to t
  • UPDATE 1-First Quantum Minerals denies takeover talks

  • Canada's First Quantum Minerals Ltd said on Monday it had no knowledge of any potential takeover bids but confirmed it was in talks with Jiangxi Copper Co Ltd for a potential sale of a minority interest in its Zambian copper assets.
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