Reckless borrowing: Zambia Sinks in debt beyond redemption?

Zambia defaults debt, fail to disclose details on Chinese loan to bondholders The southern African country has defaulted its national debt, with creditors failing to grant a debt relief owing to lack of transparency of information, especially on the country’s dealings with China. The country’s Minister for finance, Bwalya Ng’andu stated that, China has demanded […]

Zambia sends home US ambassador for his PRO-GAY antics

Following on the president’s open rejections of the United States ambassador’s pro-gay stance in a recent court judgment, the Zambian government has reportedly asked that the envoy leaves the country while it awaits a diplomatic response from the United States. The ambassador had criticized the Zambian government for jailing a gay couple for 15 years. […]