Search

Zambia’s Private Sector Alarmed by IMF’s GDP Downgrade to 1.2% for 2024

  • Business leaders urge government to bolster private sector-led recovery
  • Economic challenges mount as drought impacts key sectors

Lusaka, Zambia – Zambia’s private sector has expressed concern over the International Monetary Fund’s (IMF) recent downgrade of the country’s 2024 GDP growth forecast to 1.2%, citing economic vulnerabilities caused by an extended dry spell.

Recent Business

A shopper at a supermarket. Photo @ Unsplash
Nigeria’s annual inflation slowed to 16% in October
Read More »
Gold mine. Photo by Ricardo Gomez Angel @ Unsplash
Australian gold miner Skylark Minerals makes $4mn push into Côte d’Ivoire
Read More »
Fishermen in Senegal busy at shore. Photo by Thomas de LUZE @ Unsplash
Senegal bonds crash as government rejects debt restructuring
Read More »

Recent Politics

Kenya's ODM split over age, factions and 2027 political strategy. Photo @ The ODM Party/Facebook
Can Oburu Oginga hold Kenya’s ODM together after Raila Odinga’s death?
Read More »
Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin extends presidential term from five to seven years
Read More »
Bassirou Diomaye Faye, President of Senegal. Photo @ Office of President, Senegal/Facebook
Senegal’s soaring presidency budget sparks scrutiny amid economic strain
Read More »

Latest Posts

Latest news insights