Zambia Financial News

17.08 / 15:47

UPS FIVE CEO Continental hospital Eye Care hospital chain Dr. Agarwal's raises Rs 650 crore funding

Dr Agarwals Health Care has raised about Rs 650 crore from the TPG Growth and Singapore's sovereign wealth fund Temasek, within a year of raising Rs 1,050 crore from them in an earlier round. The Chennai headquartered chain said they would use about Rs 1,200 crore to double their hospital count to 300 in the next 2-3 years. The company is mainly looking to open hospitals in Maharashtra, Delhi and Uttar Pradesh, a shift from its established ground in South India, company Chairman Dr.

17.08 / 05:17

UPS Citi Southern country hospital Indian Indian eye hospital chain Dr. Agarwal's raises $80 million from TPG, Temasek

Dr. Agarwal's Health Care said on Thursday it raised $80 million from existing investors Singapore's Temasek and U.S.-based TPG as the Indian eye hospital operator plans to double its hospital count. The top shareholder of publicly listed Dr.

31.07 / 04:37

UPS IPO Provident Target Manufacturing RFC Ambrian tips into NextOre Series B capital raise; plans IPO

RFC Ambrian is tipping in $5 million into mining tech business and IPO hopeful NextOre, cornerstoning its Series B growth funding round.

30.07 / 18:57

FIVE country India to send senior MEA official to Jeddah Meet on Russia-Ukraine conflict

India is expected to send a senior diplomat to represent the country at a peace summit seeking to find a way to end the conflict between Russia and Ukraine organised by Saudi Arabia in Jeddah in early August, ET has learnt. India, Brazil and South Africa have been invited to attend the meet of 30 nations as part of Saudi efforts to initiate deal between Ukraine and Russia.

30.07 / 10:33

UPS Citi WSJ country peace Saudi Arabia to host Ukrainian peace talks in August; India, Britain, US among top invitees

Russia-Ukraine war: Saudi Arabia is set to host Ukrainian-organized peace summit on 5 and 6 August, according to several reports. Saudi Arabia has invited several major countries including India, Britain, United States among others. A report by Wall Street Journal, confirms that Saudi Arabia is set to host talks in August about Ukraine.

30.07 / 04:57

Google Celebrity stage country Google Doodle celebrates Women's Fifa World Cup 2023

Google is celebrating the Fifa Women's World Cup with a special doodle released on Sunday. Google's latest doodle will only be available in select countries including Canada, Iceland, Cuba, Costa Rica, United Kingdom, Ireland, Norway, Latvia, Germany, Italy, Bulgaria, Spain, Armenia, Zambia, Nigeria, Japan, Philippines, Australia and New Zealand. The search giant had announced a special multiplayer game to commemorate the opening day of the FIFA Women's World Cup on July 20.

27.07 / 14:05

UPS Citi FIVE Booking CEO IHCL clocks revenue of Rs 1466 cr for quarter ended June 30, PAT at Rs 236 cr

Tata Group backed Indian Hotels Company reported revenue from operations of Rs 1466 crore for the quarter ended June, up 16% year on year. The company clocked a profit of Rs 236 crore, up 30.3% year on year.IHCL MD and CEO Puneet Chhatwal said it was a 'historical' quarter one with the highest ever revenue and profit after tax numbers reported by the chain.

17.07 / 19:43

UPS Extreme Platform Action Time Time to address extreme indebtedness: UNDP

United Nations Development Programme's (UNDP) administrator Achim Steiner said, calling for urgent action on the issue. The caution comes amid deliberations at the G20 on how best the address the issue of extreme indebtedness.

16.07 / 20:11

Progressive Strategy Interface ‘Each country debt rejig needs unique strategy’

Gandhinagar: Most G20 member countries believe that a one-size-fits-all approach to debt restructuring may not be feasible for all vulnerable nations, considering the differing circumstances of low- and middle-income countries, a person with direct knowledge of the discussions said on Sunday. “There’s a need for distinct debt restructuring strategy for every low- and middle- income country," the person said seeking anonymity. In June, Zambia struck a deal to restructure a $6.3 billion debt owed to various governments, including China, raising hopes of similar deals for other vulnerable nations awaiting relief for several years.

16.07 / 05:21

Provident Cooper Action Remark US Treasury Secy Janet Yellen 'eager' to work with China on debt, other global challenges

Janet Yellen said on Sunday she was «eager» to work with China on areas of mutual interest, including debt restructurings for poorer countries, and that multilateral development banks needed reforms before capital increases could be considered. In remarks prepared for a press conference before a meeting of Group of 20 finance ministers and central bankers in India, Yellen said her visit to Beijing last week helped put the U.S.-China relationship on «surer footing» and that the world's two biggest economies had an obligation to the world «to cooperate on areas of mutual concern».

10.07 / 09:43

UPS Career JPMorgan Compilation UBS Are EM bonds entering a rally?

Investors who stuck with bonds from countries that defaulted or are on the brink are betting the double-digit returns they’ve posted over the past month are just the start of a rally.

05.07 / 14:43

Cooper India takes a strong stance against China’s BRI during SCO summit

India said no to China’s Belt and Road Initiative at the SCO summit. India continued its policies towards BRI which are largely seen as the mechanism for economic trade expansions based on clumsy and hideous terms of financial transactions.

19.04 / 07:27

MET FIVE Continental Low 'We should be worried': Finance leaders warn rising interest rates are squeezing low-income countries

Leaders of several global financial bodies warned that rising interest rates are increasing pressure on low-income developing countries, around 60% of which are now in or at high risk of debt distress.

13.04 / 15:09

Ethereum Adoption Binance Fraud Bitcoin Today in Crypto: US Authorities Crack a $3.4 Billion Silk Road Heist Case, Striga Launches Program for Entities to Issue Crypto Cards, Push Protocol Reveals ‘Wallet-to-Wallet’ Video Chat

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

13.04 / 12:55

Reuters Digital Platform Simulation Bitcoin Zambia’s crypto regulation tests to be wrapped by June: Reuters

Cryptocurrency regulatory tests aimed at developing crypto legislation in Zambia by simulating real-world use of crypto are expected to be completed by June this year.

13.04 / 03:09

Adoption regulation Enterprise Volatility Bitcoin Zambia’s crypto regulation tests to be wrapped by June: Report

Cryptocurrency regulation tests aiming to help shape crypto laws in Zambia that simulate the real-world use of crypto are on track to finish by June.

20.02 / 14:23

cryptocurrency Adoption regulation Africa Zambia Experiments with Technology to Regulate Cryptocurrency – Here's What You Need to Know

The Ministry of Technology and Science has announced that it is testing technology to regulate crypto as Zambia embarks on its mission to become a regional hub.

20.02 / 11:37

COST UPS Digital Gap Remark Bitcoin testing Zambian authorities testing technology for crypto regulation

Zambia’s central bank and securities regulators are currently testing the technology to regulate cryptocurrencies, said a Zambian government minister.

20.02 / 00:53

Government Adoption regulation Africa Zambia tests technology for crypto regulation, says minister Mutati

Bank of Zambia and the country's securities regulator are "testing technology" to enable the regulation of cryptocurrencies, said Technology and Science minister Felix Mutati on the ministry's website. The country's move aims to "achieve an inclusive digital economy."

31.01 / 04:47

Janet Yellen Dismisses Minting $1 Trillion Coin to Avoid Default

LUSAKA, Zambia—Treasury Secretary Janet Yellen said the Federal Reserve likely wouldn’t accept a $1 trillion platinum coin if the Biden administration tried to mint one to avoid breaching the debt limit, dismissing an idea that has been floated to circumvent Congress on the issue.

30.01 / 14:17

Janet Yellen Dismisses Minting $1 Trillion Coin to Avoid Default

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