Zambia’s economic upgrade to enhance investor confidence, lower borrowing rates – Haabazoka 

By Jane Chanda  Economist Dr. Lubinda Haabazoka says Moody’s recent upgrade of Zambia’s economic outlook from stable to positive will enhance investor confidence and result in lower borrowing costs. In a statement last week, Moody’s – a Global Credit Rating Agency – revised Zambia’s economic outlook from stable to positive, citing debt reduction and economic...

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