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ZAMBEEF | FY2019 Results Presentation

Dec 12, 2019

Outlook & Strategic focus Macro-Economic factors Zambia’s GDP is forecast to grow by 3% in 2020 (Target 2% end 2019) Electricity constraints – Supply (Hydro-electricity reliance, Regional drought) – Tariff increase to cost-reflective rates expected Zambian Kwacha further sharp depreciation – BOP – External debt Escalation in interest and inflation rates Climate Average summer rainfall […]

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