Zambia’s economic growth slumped to 2.6 per cent in the first quarter of this year, down from 3.2 per cent during the corresponding period last year, mainly driven by negative growth rates in the agriculture and transport sectors, CSO data reveals. Although Central Statistical Office (CSO) data points out that the country’s gross domestic product (GDP) hit an estimated K61.1 billion in the first quarter of this year, compared to K54.4 billion during the corresponding period in 2017, year-on-year growth rates have slumped to 2.6 per cent, compared to 3.2 per cent over the corresponding period. This means that Zambia’s economic growth rate of 2.6 per cent during the quarter under review has been the lowest since the final quarter…...

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