[Daily Maverick] Under ousted president Edgar Lungu, Zambia's economy was in freefall. In 2019 and 2020, the Zambian kwacha was one of the world's worst performing currencies. In 2011, when Lungu came to power, Zambia's external debt was $1.9-billion. Ten years later, external debt stands at more than $12-billion.
The Challenges Ahead for Hakainde Hichilema After His 15-Year Quest for the Zambian Presidency
Published in News
AllAfrica Global Media is a multi-media content service provider, systems technology developer and the largest electronic distributor of African news and information worldwide. Registered in Mauritius, with offices in Johannesburg, Dakar, Lagos and Washington, D.C., AllAfrica is one of a family of companies that aggregate, produce and distribute news from across Africa to tens of millions of end users.