British Prime Minister Liz Truss sacked her finance minister on Friday, forcing Kwasi Kwarteng to take the blame for the turmoil caused by her right-wing economic platform as unruly Tories plotted her downfall.
The International Monetary Fund (IMF) has approved a $1.3 billion loan to indebted Zambia to help restore fiscal stability and is urging the country to fight corruption.
HARARE - The country on Tuesday received its US$1 billion allocation of Special Drawing Rights (SDRs) from the International Monetary Fund (IMF), with part of the critical recourses set to go toward revamping sectors such as health, manufacturing, education agriculture and minerals resource extraction.
