Zambia’s economy to shrink by 3%, finance minister says
Zambia’s Finance Minister Bwalya Ng’andu projects the country’s economy will contract by at least 3% in 2020, as manufacturing, retail and wholesale trade, tourism and travel industry post negative growth rates. The copper producing nation became Africa’s first pandemic-era sovereign country to debt default last month, after it failed to pay a $42.5 million coupon…