Awards for Excellence 2006: Zambia Best Bank: Barclays Bank

Botswana I Ethopia I The Gambia I Ghana I Kenya I Malawi I Mauritius I Namibia I Nigeria I Senegal I South Africa I Swaziland I Tanzania I Togo I Uganda I Zambia I Zimbabwe Zambia’s economy grew at a strong 5.1% in 2005 as copper prices rose, boosting earnings from the country’s number one export. This growth has failed to make much of a dent in the massive public sector debts the country has incurred since independence in 1964 and the government has similarly failed to reduce unemployment, estimated to be 50%, or stem inflation, which averaged 19% in 2005. Nevertheless, it has produced a strong backdrop for banks operating in the country.

Botswana I Ethopia I The Gambia I Ghana I Kenya I Malawi I Mauritius I Namibia I Nigeria I Senegal I South Africa I Swaziland I Tanzania I Togo I Uganda I Zambia I Zimbabwe Zambia’s economy grew at a strong 5.1% in 2005 as copper prices rose, boosting earnings from the country’s number one export. This growth has failed to make much of a dent in the massive public sector debts the country has incurred since independence in 1964 and the government has similarly failed to reduce unemployment, estimated to be 50%, or stem inflation, which averaged 19% in 2005.

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