Zambia, two others set for strong 2025 growth – AfDB

BUUMBA CHIMBULU

THE African Development Bank (AfDB) says Zambia, eSwatini, and Zimbabwe could see economic growth of six percent or more in 2025, backing a weak regional trend.

In its African Economic Outlook 2025, the bank noted that while Africa’s overall growth prospects faced significant downside risks, a few countries were expected to maintain strong economic momentum.

For Southern Africa, growth was estimated at 1.9 percent in 2024, rising modestly to 2.2 percent in 2025 and 2.5 percent in 2026.

Compared with the 2025 Macroeconomic Environment Outlook (MEO), these figures reflected downgrades of 0.9 and 0.6 percentage points, respectively.

“Despite the low regional growth outlook, a few countries – notably eSwatini, Zambia, and Zimbabwe – could achieve growth rates of six percent or higher in 2025,” the report stated.

Meanwhile, growth in South Africa, the United States’ largest trading partner in Africa, is projected at a modest 0.8 percent in 2025, with a slight recovery to 1.2 percent in 2026.

The bank observed that the country’s ongoing efforts to address global trade disruptions and implement structural reforms could improve its medium-term growth trajectory.

The AfDB also cautioned that African countries could overturn the subdued growth outlook by mitigating the transmission of global shocks and economic uncertainty into domestic markets.

However, this would hinge on several factors, including curbing inflation, addressing the continent’s mounting debt, and the resilience of the global economy in the face of rising risks and fragile demand.

“Downside risks to the outlook include restricted trade, which could hamper growth directly by reducing business activity and indirectly through financial channels, weakening investor confidence and triggering capital outflows,” it warned.

Persistent inflation remained a critical concern, fuelled by entrenched domestic supply constraints and a diminished effectiveness of monetary policy in containing demand-driven price pressures.

This, the bank noted, could dampen the expected growth rebound.

Although external financial inflows to Africa rebounded in 2023, the Bank highlighted risks to future inflows due to aid cuts by key donors and heightened global uncertainty.

Total external financial flows – comprising foreign direct investment (FDI), portfolio investments, official development assistance (ODA), and remittances – grew by 7.3 percent to US$204.6 billion in 2023, reversing a 13.2 percent decline recorded in 2022.

Notably, portfolio flows shifted from net outflows of US$23.1 billion in 2022 to net inflows of US$322.9 million in 2023 – an improvement of over 100 percent.

UPND declares ‘war’ against PF

NATION REPORTER THE UPND yesterday went ballistic, with Elisha Matambo, the Copperbelt Minister, Mark Simuuwe, the media director and Obvious Mwaliteta, the Lusaka Province chairperson all declaring war against the Patriotic Front (PF) for ignoring government advice on the protocols being accorded to former President Edgar Lungu following his death. Mr Matambo has declared that […]

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Injectable medications for obesity found to produce smaller weight loss in a real-world setting

A Cleveland Clinic study shows that semaglutide and tirzepatide—injectable GLP-1 drugs for obesity—produce smaller weight loss in a real-world setting because patients discontinue treatment or use lower maintenance dosages. Treatment discontinuation also negatively impacted blood sugar control in patients with prediabetes. The study was published in the Obesity Journal.

KEITH EMBRACES KALU

BARNABAS ZULU

FOOTBALL Association of Zambia (FAZ) President Keith Mweemba says legendary football icon Kalusha Bwalya will play a key role in the growth and development of Zambian football.

Mweemba praised the former FAZ president following a meeting held earlier yesterday, describing Kalusha as an invaluable resource for Zambian football due to his vast experience and international exposure.

“Earlier today, I had the pleasure of meeting with my brother and friend, the legendary Kalusha Bwalya. As a renowned football icon, both on and off the pitch, his invaluable experience and expertise will be instrumental in driving our nation’s progress,” said Mweemba.

He noted that Kalusha’s history as a former national team captain, African Footballer of the Year, and seasoned football administrator placed him in a unique position to contribute meaningfully to the future of the sport in Zambia.

“I firmly believe that his insights will be crucial to the success of my administration,” Mweemba added.

Kalusha, fondly known as “Kalu”, remains one of the country’s most celebrated footballers, having represented the nation with distinction for over two decades.

His experience includes serving on the FIFA Technical and Development Committee and the CAF Executive Committee, roles that gave him global exposure and strategic football governance knowledge.

Mweemba’s remarks come at a time when FAZ is seeking to strengthen collaborations with past football greats and align efforts to restore the country’s standing on the continental and global stage.

While details of the meeting were not made public, the FAZ president hinted at future engagements and consultations with Kalusha and other senior figures in football.

ECL wasn’t poisoned – Mweetwa

NATION REPORTER GOVERNMENT has dismissed allegations of foul play in the death of former President Edgar Lungu and urged political players to refrain from exploiting the tragedy for partisan gain. Cornelius Mweetwa, the Chief Government Spokesperson has also claimed that former President Lungu was never blocked from travelling outside Zambia for his routine medical reviews, […]

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