Standard Bank calls for improved energy investment in Zambia
The Bank of Zambia meets this week and economists expect it to increase its policy rate by 100 basis points to curb higher inflation that increased to 15.4 per cent. Meanwhile Zambia’s economy is facing loadshedding of up to 12 hours a day as the El Nino induced drought hit dam levels affecting the country’s hydroelectric power supply, its dominant source of energy. CNBC Africa is joined by Helen Lubamba, Head of Corporate and Investment Banking, Stanbic Bank Zambia.
Mon, 12 Aug 2024 16:04:47 GMT