Zambia sees higher economic growth on improved power supply

February 10, 2016

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Zambia’s economy is expected to expand by 3.7% this year, largely stable from last year but could grow more than four% in 2017, the deputy finance minister said on Wednesday. An electricity shortage in Africa’s no 2 copper producer has stunted the mining sector, while weaker copper prices due to slower growth in top consumer China have put pressure on Zambia’s economy and its currency.

Category: General