Mail & Guardian
Mail & Guardian
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FINANCE BANK

Zambia ends oil-financing talks with Standard Bank

Zambia has ended talks with a unit of Standard Bank after failing to agree conditions for a ,2-billion oil-financing deal, Energy Minister Kenneth Konga said on Monday. Konga…

  • Shapi Shacinda
2 min read
LEVY MWANAWASA

Standard Bank loses $1,2bn Zambian oil-import deal

Zambia has ended negotiations with Standard Bank, Africa’s largest bank by assets, to finance a $1,2-billion (R9,7-billion) oil-import deal after the two parties failed to reach…

  • Sherilee Bridge
3 min read