Exceptional levels of violence – by ruling Patriotic Front thugs and police – are raising questions about the credibility of the parliamentary, municipal and presidential elections due on...

Just before the start of the three-month election campaign on 12 May, the Patriotic Front (PF) government rushed through at least US$145 million of new loans to fund...

Contrary to some optimistic reports, Zambia is 'very far' from securing a bail-out deal from the International Monetary Fund, banking and official sources have told Africa Confidential. It...

Aware that it looked odd that it did not have a plan to restore the nation’s economic fortunes, the government quickly rushed out its Economic Recovery Programme on...

Zambia's chances of a bailout from the International Monetary Fund following its default on its Eurobond coupon payments are looking bleak, in spite of conciliatory words from a...

National politics and geopolitics are set to scupper any attempts to resolve the crisis over Zambia's more than US$12 billion foreign debt. There is little sign that President...

The operator of the country's only coal-fired power station, Maamba Collieries Ltd., has opened arbitration proceedings with Zambia's state-owned electricity utility Zesco to recover US$300 million it is...

Deteriorating relations between the holders of Zambia's $3 billion Eurobonds and the government after its 22 September request for a six-month suspension of coupon payments point to one...

The government's request on 22 September to holders of its US$3 billion of Eurobonds for a six-month suspension of repayments will have political repercussions as well as the...