Zambia, which plans to sell $1 billion of bonds this year in its first international debt issue, is unlikely to get a higher credit rating than the B+ assigned to Angola earlier this month, analysts say. The southern African nation expects a rating higher than Angola’s and that B+ “should be the minimum,” Finance Minister [...]

The United Party for National Development  says it will go into the 2011 general elections as  a pact with PF regardless of who will be the presidential candidate. UPND Mazabuka central Member of Parliament Garry Nkombo has been quoted by QFM radio saying no attempt by the MMD leadership to break the UPND/PF pact will [...]

Convicted MMD National Secretary Katele Kalumba has declined to state whether or not he will step-down as the ruling party’s chief executive officer. Asked in an interview with Qfm this morning whether he intends to step-down from his position following his conviction by a Lusaka Magistrate court last week on corruption charges, Dr Kalumba said [...]

President Rupiah Banda has invited the President of Chad, Idriss Deby to pay a state visit to Zambia on dates yet to be agreed. President Banda made the invitation on Saturday when he made a stopover in Chad on his way to France for the on-going France-Africa summit. President Banda left for Chad on his [...]