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Zambia

Zambia

Population: 21.13m
GDP: $25.91bn
Debt: 115.2% of GDP (2023)

news from Zambia

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Found 294 articles.

Displaying 31-40 out of 294 results.

Rivals close as polling day nears

Ahead of the 12 August vote the ruling party offers handouts and grand projects while the opposition points to the crashing economy

Against a backdrop of falling support for President Edgar Lungu and a sliding economy, the Patriotic Front government is showering farmers and civil servants with handouts and good...


False-flag operation

Two Zambian-flagged merchant ships suspected of shipping weapons to Libya have been stopped in the Mediterranean by European Union naval vessels enforcing the United Nations arms embargo, according...


Eyes on the count

Opposition leader Hakainde Hichilema is investing hope and major resources, including a phone app and satellite systems, to mobilise over 20,000 election agents from his United Party for...


President bids to postpone poll

Political violence, Lungu's ill-health, rows about Kaunda's burial, and rampant Covid make for a grim backdrop ahead of the general election

Exceptional levels of violence – by ruling Patriotic Front thugs and police – are raising questions about the credibility of the parliamentary, municipal and presidential elections due on...


Betting the farm on winning

As defaults continue and debts pile up, the President reckons his bonanza payment to farmers will win him re-election in August

Just before the start of the three-month election campaign on 12 May, the Patriotic Front (PF) government rushed through at least US$145 million of new loans to fund...

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PF bets it all on the polls

Election season starts soon as lenders hang on to their funds and watch the ruling party take increasingly desperate measures to raise money

Contrary to some optimistic reports, Zambia is 'very far' from securing a bail-out deal from the International Monetary Fund, banking and official sources have told Africa Confidential. It...


Election-mania takes hold

All the government’s energies are focused on winning the 12 August poll as it tries to ignore an economy in freefall

Aware that it looked odd that it did not have a plan to restore the nation’s economic fortunes, the government quickly rushed out its Economic Recovery Programme on...


Two days that changed nothing

Zambia's chances of a bailout from the International Monetary Fund following its default on its Eurobond coupon payments are looking bleak, in spite of conciliatory words from a...


Creditors fume as the beat goes on

After the default, the bondholders and Chinese creditors are jostling for priority but secrecy and local politics are blocking a credible solution

National politics and geopolitics are set to scupper any attempts to resolve the crisis over Zambia's more than US$12 billion foreign debt. There is little sign that President...


Displaying 31-40 out of 294 results.