Press "Enter" to skip to content

Posts published in “Day: January 14, 2021

Zambia Defaults, Economically and Politically

[ISS] Many African countries are sinking further into unsustainable debt. Last November Zambia epitomised the problem when it defaulted on a US$42.5 million payment on a Eurobond. 'The government went on a borrowing spree over the last few years and wa...