In the aftermath of Guinea’s 1-0 victory over Gambia at the Africa Cup of Nations, joyous celebrations erupted across Guinea, leading to a tragic incident in which six people lost their lives. The Guinean Football Federation and the national team, led by coach Kaba Diawara, have appealed for restraint. The Federation released a video urging Read More…
Tag: Zambia
Currency Predictions for the Week Ahead: Naira, Shilling, and Kwacha Under Pressure, Cedi and Ugandan Shilling Stable – Traders (Reuters)
Currency traders foresee fluctuations in Nigeria’s naira, Kenya’s shilling, and Zambia’s kwacha in the upcoming week, while Ghana’s cedi and Uganda’s shilling are expected to maintain stability, according to Reuters reports. Kenya’s Shilling The Kenyan shilling is anticipated to continue its gradual decline due to heightened foreign currency demand across sectors leading up to year-end. Read More…
Opposition leader Hakainde Hichilema has won Zambia’s presidential election
In a keenly contested battle, Opposition leader Hakainde Hichilema has won the Zambian presidential election. He defeated incumbent Edgar Lungu, the electoral commission said on Monday when releasing the final results from 156 constituencies, barring one. In the final vote tally, Hichilema secured 2,810,777 votes while Lungu was in second place with 1,814,201 votes, out Read More…
Access Bank to acquire 100% stake in Zambian Bank
Access Bank Plc has announced plans for acquisition of 100 per cent of Cavmont Bank Limited, a Zambia-based financial institution. The bank disclosed this in a regulatory filing to the Nigerian Stock Exchange (NSE) signed by Mr Sunday Ekwuochi, its Company Secretary. It said the acquisition plan would be consummated through its Zambian subsidiary, Access Read More…