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Zambia

Zambia

Population: 19.47m
GDP: $25.81 bn.
Debt: $17.09 bn.

news from Zambia

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Found 279 articles.

Displaying 1-10 out of 279 results.

Hichilema faces critical delivery test

Belts are tightening and scepticism is growing about the government's ability to fulfil its election pledges

At the present rate of progress President Hakainde Hichilema and his United Party for National Development (UPND) – elected in a landslide by voters fed up with six years of ...


Loans before haircuts

Finalising a US$1.3 billion loan with the International Monetary Fund in September was the easy part of Zambia's bid to avoid insolvency, according to analysts and officials from t...


Fears of pain in prospect

Pundits and public alike are waking up to the economic sacrifices entailed in the US$1.3 billion IMF rescue package agreed at the beginning of the month amid concern that President...


Debt deal boosts kwacha

It was months in the making, but Zambia's $1.3 billion bailout from the International Monetary Fund has made an instant impact. The kwacha currency gained more than 3% against the ...


Hichilema's team steps on the gas

After successful talks in Washington DC last month, Zambia's treasury officials hope to finalise a US$1.4 billion Extended Credit facility with the International Monetary Fund by t...


Hichilema accused of 'losing focus’

The President's public appearances are criticised for fighting yesterday's battles instead of concentrating on rocketing prices and the debt burden

President Hakainde Hichilema gave a long and emotional press conference on 25 April further cataloguing his persecution by the previous government – which many critics believ...


Hichilema enjoys a honeymoon

Buoyed by strong local and international backing, the new government targets progress on debt and social policy

The big questions for President Hakainde Hichilema's new government are whether it will succeed in restructuring the country's US$14.71 billion foreign debt and live up to its pled...


Chasing the mining millions

The old government sold future copper output to Trafigura for a $40 million advance. The new government wants to know where it is

One of President Hakainde Hichilema's toughest challenges is the raft of complex and costly legal battles over mining assets bequeathed by the Patriotic Front (PF) government, whic...


High expectations of HH

The new president is sending all the right signals but needs to move fast to avoid disappointing voters and investors

President Hakainde Hichilema's record of early appointments and dismissals shows he is making good on his promise of a new start for governance and the economy, Lusaka pundits say,...


Displaying 1-10 out of 279 results.