×
The Standard e-Paper
Join Thousands Daily
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
A Turkish company has expressed interest in refinancing Zambia’s Sh75 billion ($750 million) Eurobond falling due in 2022, Zambian President Edgar Lungu said on Saturday during talks with Turkey’s President Tayyip Erdogan.
Zambia, whose credit rating was downgraded by Moody’s on Friday, said in December last year that it would begin refinancing Eurobonds worth a total Sh300 billion ($3 billion) in 2019 to reduce the cost of debt servicing for Africa’s number two copper producer.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join