Zambian Govt takes over Finance Bank

The Zambian government has taken possession of Finance of Zambia Limited with immediate effect. Bank Of Zambia governor Caleb Fundanga announced this afternoon that the Bank of Zambia, with the full ...

Zambia runs up huge legal bill to sue FTJ

By ELIAS MBAO Zambia spent about $14 million to prosecute its former president Frederick Chiluba on corruption charges at the London High Court, a government minister told Parliament on Friday. Londo...