
In the face of the severe drought gripping Zambia, the World Bank has pledged its commitment to mobilize resources to assist affected communities.

With Zimbabwe's external debt exceeding US$20 billion, the country has faced challenges in securing international investment support for vital energy projects.

In a remarkable turnaround, the Zambian Kwacha has surged on the foreign exchange market, reaching K23.46 after weeks of trading at significantly lower levels.

Britain is in recession, official data showed Thursday, dealing another blow to embattled Prime Minister Rishi Sunak, whose Conservative party is forecast to lose a general election expected this year.

President Hakainde Hichilema has reiterated Zambia's dedication to enhancing its power generation capacity to meet the rising demand from critical sectors like mining and agriculture.

Zimbabwean President Emmerson Mnangagwa has made key appointments to cabinet, naming Raj Modi as deputy minister of industry and commerce and Sleiman Kwidini as deputy minister of health.

Innscor Africa, one of Zimbabwe's prominent companies, has successfully obtained a takedown order against Zanu PF social media activist Rutendo Benson Matinyarare.

In a historic move, BRICS, the economic bloc initially comprising Brazil, Russia, India, China, and South Africa, has officially admitted five new countries into its fold.

In a significant economic boost for Zimbabwe, Chinese companies West International Holding Limited and Labenmon Investors (Pvt) Limited have finalized a groundbreaking $1 billion agreement.

Zimbabwe is gearing up to become a global steel manufacturing hub with the construction of a $1.5 billion steel and iron plant by Disco, a subsidiary of the Chinese iron and steel giant Tsingshan Holdings.