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    Botswana’s women boxing on the rise 

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      Botswana’s women boxing on the rise 

      Boxers Finally Receive their Prize Money from 2022 African Championships

      Darts Expects Only P50K from BNSC for 2023/24

      Darts Expects Only P50K from BNSC for 2023/24

      Botswana athletes to train in USA

      Botswana athletes to train in USA

      Debswana’s BAA Sponsorship Plays Critical Role in Developing BW Athletics – Theetso

      Debswana’s BAA Sponsorship Plays Critical Role in Developing BW Athletics – Theetso

      Boxers yet to Receive Prizes from 2022 African Boxing Championships 

      Boxers yet to Receive Prizes from 2022 African Boxing Championships 

      April will see 2nd Instalment of Summer Kids Marathon

      April will see 2nd Instalment of Summer Kids Marathon

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      Zambia on the brink of securing a US$1.4bn IMF facility

      mm by RMB Africa Research
      August 4, 2022
      in News
      Reading Time: 1 min read
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      Zambia on the brink of securing a US$1.4bn IMF facility

      Kristalina Georgieva, managing director of the IMF, Source: Anadolu Agency

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      After months of delay, Zambia is on the brink of securing a US$1.4bn facility with the International Monetary Fund (IMF).

      In a statement over the weekend, Kristalina Georgieva, managing director of the IMF, said that support from the Official Creditor Committee for Zambia’s envisaged IMF-supported programme, together with its commitment to negotiate debt restructuring terms, accordingly, provides the IMF with official financing assurances.

      The IMF statement followed a pledge from Zambia’s creditors to negotiate a restructuring of the country’s debts. The creditor committee said in a statement released by G20 chair Indonesia that it supported Zambia’s “envisaged IMF upper credit tranche program and its swift adoption by the IMF Executive Board.”

      Zambia’s creditor committee added that the restructuring terms would be finalised in a memorandum of understanding.

      Tags: International Monetary Fund (IMF)Kristalina GeorgievaZambia

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