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Debt Suspension to Spur Zambia to Economic Transformation

By Yohane Mbeeya Moono The period between 2011 and 2021, Zambia under the Patriotic Front led government initiated many capital projects which required heavy Moneta investments. Among them was the Link Zambia Programme which was aimed at the construction of massive road networks across the country in order to open many areas of the countryContinue reading “Debt Suspension to Spur Zambia to Economic Transformation”

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CHINA OFFERS TO CO-CHAIR ZAMBIA’S DEBT RESTRUCTURING AS ECONOMIC REBUILDING GATHERS PACE.

By Alexander Nkosi China has offered to co-chair Zambia’s debt restructuring, a very positive move given the huge amount Zambia owes China. Once our debt is restructured, it will unlock a lot of benefits that include: 1. Reduce the amount we spend on debt service. In 2022 budget, USD3 billion (K51 billion) has been allocatedContinue reading “CHINA OFFERS TO CO-CHAIR ZAMBIA’S DEBT RESTRUCTURING AS ECONOMIC REBUILDING GATHERS PACE.”

TOP 20 LIST OF THE MOST INDEBTED NATIONS IN THE WORLD.

In the words of Thomas Isidore Sankara- Debt is cleverly managed reconquest of Africa aiming at subjugating it’s growth and development through foreign rules. Thus this has successfully managed to make the continent become financial slaves which is to say true slaves. Africa has been projected to have reached an impregnable debt point. Yet theContinue reading “TOP 20 LIST OF THE MOST INDEBTED NATIONS IN THE WORLD.”