Category: Latest News

Rising Inflation Hurting the Economy: Boz Urged to Consider Raising the Policy Rate

The Center for Trade Policy and Development (CTPD) has noted with concern, the sustained rise in inflation over the recent past. Inflation rose from 12.5 % in January, 2020 to 21.5% in January, 2021, implying that the cost of a representative consumption bundle has almost doubled in just one year. During its last sitting in…
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Commitment to Effective Implementation of the Economic Recovery Plan Crucial for Zambia-IMF Talks

Zambia’s debt problems have persisted, following the refusal by bondholders to agree to a Six Months Debt Service Suspension Initiative (DSSI), mainly underpinned by fears that other creditors, like China, would have continued seeking repayments while they [bond holders] have suspended them. The country has consequently accrued arrears after failing to honour its $42.5 million…
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Legal Implications of the Eurobond Default

The Centre for Trade Policy and Development has observed that the Government has failed to honour another coupon payment due under one of the Eurobonds. The Ministry of Finance confirmed on 31 January 2021 that Zambia had failed to honour a US$56.1m coupon payment due on January 30 on one of Eurobonds which matures in…
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Parliamentary Committee on National Economy , Trade and Labour Matters

The Centre for Trade Policy Research Team led by CTPD Executive Director Mr Isaac Mwaipopo this morning appeared before the Parliamentary Committee on National Economy , Trade and Labour Matters via ZOOM. Mr Mwaipopo made a presentation on “ The Ratification of the African Union Continental Free Trade Agreement”The Team recommended the following; AfCFTA can…
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