Zambia’s Economy To Grow 4.3 Percent This Year

By Mfuneko Toyana

Drilling operations at a depth of 516 metres below the surface at the Chibuluma copper mine in the Zambian copperbelt region, January 17, 2015. REUTERS/Rogan Ward
Drilling operations at a depth of 516 metres below the surface at the Chibuluma copper mine in the Zambian copperbelt region, January 17, 2015. REUTERS/Rogan Ward

Zambia’s economy will grow 4.3 percent this year and 5.1 percent in 2018, boosted by improved agriculture and mining output and a recovery in electricity generation, the central bank said on Monday.

“There has been strengthening confidence in Zambia’s medium to long-term economic prospects as reflected by the participation of non-resident investors in the Government securities markets,” the Bank of Zambia said in a report surveying the first half of 2017.

 (Editing by Joe Brock)

Source: http://af.reuters.com

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