Zambia's central bank has increased the statutory reserve ratio, the rate at which commercial banks keep funds at the central bank, following consistent pressures in the foreign exchange market

The Patriarchal Exarch of Africa, Russian Metropolitan Konstantin of Zaraisk, consecrated the foundation stone of the first Orthodox church under construction in Zambia

Nearly 10 million people are estimated to be affected by an El Nino-induced drought, about half of the country's population

National power company Zesco has announced a series of scheduled eight-hour blackouts to ration electricity after the country is hit by a devastating drought due to a very poor rainy season

The IMF said it will visit Zambia, presumably in mid-April, to assess the negative impact of the ongoing drought on the country's growth and budget