This may improve President Edgar Lungu's re-election prospects if the IMF moves quickly to disburse funds...
Vol 62 No 5 |
- SOUTH AFRICA
Ramaphosa's public putdown of Mboweni for tweeting against Zambia's President Edgar Lungu's decision to sack central bank governor Denny Kalyalya in August gave many ANC leaders licence to attack him (AC Vol 61 No 17 The governor and the guv'nor)...
Yet sources in Lusaka and Washington alike call it a cosmetic exercise a programme designed only to buy the government time while all the efforts of the ruling Patriotic Front and government ministers direct themselves to re-electing President Edgar Lungu and increasing their majority in parliament...
President Edgar Lungu requested a Fund programme on 8 December but observers think this was for show...
There is little sign that President Edgar Lungu's government will produce a credible debt-restructuring plan acceptable to both Western and Chinese lenders...
Giving no reason President Edgar Lungu sacked the respected governor of the central bank the Bank of Zambia Denny Kalyalya replacing him with Christopher Mvunga formerly Deputy Secretary to the Cabinet...
Once one of President Edgar Lungu's closest allies and considered by many his most likely successor – or at least his running mate in next year's general election – Chitalu Chilufya is suddenly yesterday's man having been arrested on corruption charges (AC Vol 60 No 23 Intrigue at State House & Vol 59 No 8 As the debts balloon Lungu avoids the spotlight)...
As so often in Zambia's elections the Copperbelt will be decisive in next year's general elections and President Edgar Lungu's Patriotic Front (PF) is facing an uphill battle there...
On 14 April an open letter from a group of distinguished Zambian economists – including President Edgar Lungu's former Finance Minister Felix Mutati – pleaded with the government to work with the IMF because 'the economy is on the verge of collapse' saying the budget is 'in disarray' and that the 'government needs to act now'...
A million face-masks financed by the Presidential Empowerment Initiative Fund are stamped with the PF logo and banners on campaign lorries proclaim 'We can fight Covid-19 together with ECL [Edgar Chagwa Lungu] 2021'...
Commentators have remarked that President Edgar Lungu is being distracted by pointless quarrels such as his spat with United States ambassador Daniel Foote over the latter's publicly expressed dismay with the sentencing by the courts of two gay men to 15 years in prison...
