DISPATCHES Vol 65 No 7 | GHANAZAMBIA Hichilema and Akufo-Addo revive hopes of debt deal 27th March 2024 Closely watched by other indebted African states, Zambia has reached an agreement with a group of private creditors to restructure its international bonds President Hakainde Hichilema's government appears to have taken a big step forward towards a major debt agreement after reaching a deal on Monday with a group of private creditors ... READ FOR FREE
Vol 65 No 7 | ZAMBIA A debt deal redux 28th March 2024 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...
Vol 65 No 6 | ZAMBIA Can mega discovery end debt impasse? 14th March 2024 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...
Vol 65 No 1 | ZAMBIAAFRICA IN 2024 Public's patience is running short 4th January 2024 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...
DISPATCHES Vol 64 No 24 | ZAMBIA Debt deal teeters on the brink of collapse 29th November 2023 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. READ FOR FREE
Vol 64 No 14 | ZAMBIA Hichilema hails 'mission impossible' deal 6th July 2023 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... READ FOR FREE
Vol 64 No 4 | BOTSWANAZAMBIAZIMBABWE A bridge 100 metres too far 16th February 2023 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 ...
DISPATCHES Vol 64 No 3 | ZAMBIACHINAUNITED STATES East-West blame game on debt heats up 24th January 2023 IMF chief Georgieva and US Treasury secretary Yellen call for creditors to speed up key talks on Lusaka's finances Zambia's President Hakainde Hichilema urged creditors on 23 January to accelerate negotiations to restructure some US$13 billion of the country's $17bn foreign debt after meeting w... READ FOR FREE
Vol 64 No 2 | ZAMBIAAFRICA IN 2023 Hichilema faces critical delivery test 18th January 2023 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 ...
Vol 63 No 23 | ZAMBIA Loans before haircuts 17th November 2022 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...
