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...
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...
Vol 63 No 19 | ZAMBIA Fears of pain in prospect 22nd September 2022 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...
Vol 63 No 18 | ZAMBIA Debt deal boosts kwacha 8th September 2022 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%...
Vol 63 No 10 | ZAMBIA Hichilema's team steps on the gas 12th May 2022 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 the end...
Vol 63 No 9 | ZAMBIA Hichilema accused of 'losing focus’ 28th April 2022 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 believe irrelevant to...
Vol 63 No 1 | ZAMBIAAFRICA IN 2022 Hichilema enjoys a honeymoon 6th January 2022 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 pledge...
Vol 62 No 23 | ZAMBIA Chasing the mining millions 18th November 2021 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, which was...
Vol 62 No 20 | ZAMBIA High expectations of HH 7th October 2021 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...
DISPATCHES Vol 62 No 18 | ZAMBIA President Hichilema acts speedily on security and debt 1st September 2021 New finance minister Musokotwane targets IMF deal within three months In a blitz of new appointments just days after he was sworn in, President Hakainde Hichilema has appointed veteran economist Situmbeko Musokotwane as Finance Minister, a role he... READ FOR FREE