Sunday, 29th May 2022
<To guardian.ng
Search

Zambia braces for IMF crunch talks

Zambia has been gearing up for talks with the IMF after becoming the first African nation to default on debt since the COVID-19 pandemic started. But analysts say an IMF loan is unlikely until after August elections.

Related

5 Apr 2021
Wigs made from human hair have become more popular in Cameroon in recent years. Stores are fully stocked with wigs in all different colors and styles. Suppliers import the hair mainly from India, Europe, and Middle East.
19 Apr 2021
Offering a shared pot of €3.5 billion to start with, the newly-proposed football competition known as the European Super League would divvy up revenue among a smaller group of elite clubs. We tell you more. Also, we take a look at the French government's plan to aid farmers reeling from this month's cold spell.
31 May 2021
Here are a few reasons to pick up a copy of The Guardian on Tuesday. Find these stories and much more when you grab a copy of The Guardian on Tuesday.
11 Jun 2021
Nigeria has largest number of startups in Africa - Report: Richest Americans pay little in income taxes - European tableware makers take on China
5 Jul 2021
African leaders and diplomats on Friday joined Zambia in mourning its founding president and liberation hero Kenneth Kaunda, who died last month aged 97 after a bout of pneumonia.
6 Jul 2021
China's presence is visible all over Africa. But nowhere more so than in Zambia, the African nation where it invested the most money last year. The ties between Beijing and Lusaka are strong and have existed for decades. Today, China possesses one third of Zambia's national debt. It has invested in the mining and industrial sectors, but also in agriculture. Some Zambians denounce this Chinese presence as a form of neo-colonialism.
19 Jul 2021
The US sanctions target officials from China's Hong Kong liaison office, which seeks to promote Chinese influence in the partly autonomous city.
26 Jul 2021
Managers in Germany are not feeling overly optimistic about the coming months, a major business confidence barometer shows. Two major concerns are clouding their outlook.
11 Aug 2021
As Zambia ramps up for general elections, incumbent leader Edgar Lungu inaugurates a gleaming new Chinese funded airport terminal. He will be facing rival Hakainde Hichilema who says Lungu has led the country into unsustainable debt. One of the missing Chibok girls reunites with her family after seven long years. And the winner of Burkina Faso's Olympic medal is given a hero's welcome as he returns home from Tokyo.
10 Aug 2021
Days before the upcoming presidential elections taking place in Zambia on Thursday, incumbent leader Edgar Lungu inaugurated a new terminal at Kenneth Kaunda International Airport. The sprawling new Chinese-funded and built expansion is a centerpiece to Lungu’s re-election bid, which pits him against veteran Hakainde Hichilema, who is running for a sixth time. With the same two candidates running as in 2016, it's likely to be a close race.
15 Aug 2021
One day after Zambians went to the polls, the capital of Lusaka sees sporadic fires and roadblocks in the Chibolya district. Police and military personnel have been patrolling the streets as the nation awaits for the results of a tightly contested election between President Edgar Lungu and long-time rival Hakainde Hichilema.
16 Aug 2021
A veteran opposition leader and former businessman, President-elect Hakainde Hichilema is now faced with turning around Zambia's debt-laden economy.