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Population: 19.47m
GDP: $22.15bn
Debt: 119.1% of GDP (2021)

news from Zambia

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Found 286 articles.

Displaying 1-10 out of 286 results.

A debt deal redux

Zambia has finally reached an agreement to restructure its US$3 billion of Eurobonds after more than three years in default, the government announced on 25 March. The three Eurobon...

Can mega discovery end debt impasse?

Bad management and lack of accountability – not the lack of new finds – have held back the mining business

After its two year-long attempt to restructure US$4 billion in dollar bonds fell apart last November, President Hakainde Hichilema's government has been turning to its mining indus...

Public's patience is running short

Election promises remain unfulfilled, and unresolved big issues like debt and mining policy raise questions about ruling party competence

Despite surging into government on a wave of popular relief at the departure of President Edgar Lungu's haphazard, venal government in August 2021, Zambians still await, with dwind...


Debt deal teeters on the brink of collapse

G20 creditor committee rejects revised Zambia agreement, potentially deterring other countries from applying and putting the relief programme at risk

The threats to Zambia's painstakingly agreed debt restructuring deal could be the last nail in the coffin on the Group of 20's Common Framework debt relief programme.


Hichilema hails 'mission impossible' deal

Lusaka's debt-restructuring brokered by France's Emmanuel Macron resonated more than his summit to redraw the global finance system

A deal to restructure US$6.3 billion of Zambia's foreign debt gives President Hakainde Hichilema much of what he was looking for – a resolution after almost two years of tort...


A bridge 100 metres too far

Zimbabwe failed to invest in a key trade link over the Zambezi and now that truckers are using it to avoid the country altogether, Harare wants back in

Botswana's President Mokgweetsi Masisi is happy to call himself one of Zimbabwean President Emmerson Mnangagwa few friends abroad. Masisi has been outspoken in calling for western ...

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...

Displaying 1-10 out of 286 results.