Economic Growth Keeps Truck Wheels Turning

3 Days(s) Ago    👁 79
economic growth keeps truck wheels turning

Zambias freight volumes are growing, along with gross domestic product GDP growth of around 4 in 2024.

The Zambian economy demonstrated resilience in 2024, despite a severe drought and global headwinds, said Mercedes Vera Martin, who led an International Monetary Fund IMF review team which visited the country in late April and early May 2025.

Real GDP growth is estimated at 4 in 2024 driven by stronger-than-projected mining and non-mining activity, especially in ICT, financial services and construction, as well as a less severe contraction in agriculture than initially envisaged.

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