Zambian authorities sealed off the court grounds where an opposition leader is preparing to challenge the outcome of Aug. 13 elections, as the deadline for filing a petition draws near.
A Zambian election watchdog questioned the credibility of the southern African nation’s Aug. 13 vote, after the main opposition leader said he’ll challenge the outcome in court
Zambian police said a former transport minister was killed in a raid at the main opposition leader’s house last week, a day after elections that were tainted by claims of irregularities.
The United Nations voiced concern at reports of Zambian opposition members being detained during its Aug. 13 election, while observers raised questions about the fairness of the ballot that comfortably returned President Hakainde Hichilema to power.
Zambia’s stock exchange expects to bring a record $1 billion of initial public offerings to market after this month’s presidential election, as Africa’s second-biggest copper producer benefits from soaring prices for the metal.
Hakainde Hichilema was declared the winner of Zambia’s elections, an outcome that investors will welcome as he sets out to build on economic successes in Africa’s second-biggest copper producer.
Zambia’s president extended a commanding lead in the nation’s election, though a shootout at the home of the main opposition leader raised tensions in Africa’s second-largest copper producer.
Zambian security forces raided the home of the main opposition leader on the day of the presidential election, arresting 11 people after a shootout in what the authorities described as an investigation into an alleged plot involving foreigners.
Zambia’s president widened his lead among voters with over half of electoral constituencies counted, moving closer to extending his rule over the copper-rich southern African nation for a second term.
Zambia’s electoral commission resumed counting ballots in the country’s presidential election, after it said a security threat to the process was contained.
Zambia’s electoral commission cited reports of violence as it halted vote counting in the southern African nation’s general election, while the leading opposition candidate warned that delaying the results could mask foul play.
At the University of Zambia, students who’d queued since 2 a.m. shouted a countdown to the start of Thursday’s general elections and rushed through the door to decide whether to give President Hakainde Hichilema a second term.
South African authorities are focused on hitting budget targets rather than pleasing credit-rating firms, according to the government’s top finance official — and the reward is a bond market that’s already pricing the country’s debt as investment grade.
South African authorities are focused on hitting budget targets rather than pleasing credit-rating firms, according to the government’s top finance official — and the reward is a bond market that’s already pricing the country’s debt as investment grade.
South Africa will hire advisers in the coming weeks to begin negotiations with lenders on a plan to spin off state-owned power utility Eskom Holdings SOC Ltd.’s transmission subsidiary, according to the head of the National Treasury.
A South African app that links households with domestic workers is reeling, delivery drivers are fleeing, and a key textile hub has lost workers as anti-migrant protests push tens of thousands of people to leave the country, sending tremors through a strained economy.
Mozambique is making progress toward a debt-restructuring deal with China similar to the one it reached with Brazil and is seeking a new International Monetary Fund program this year, President Daniel Chapo said.
China called for global measures to curb what it described as “malicious litigation” by bondholders in debt relief cases, saying such action is needed to protect a Group of 20 restructuring mechanism for poor countries struggling to repay their loans.
Vitol Group is supplying diesel to Zambia via exclusive access to a pipeline that lasts through September, in an emergency arrangement the International Monetary Fund has urged authorities to end.
Pipework and valve wheels at a gas storage facility.
Zambia has received enough support from bondholders to buy back its 2053 dollar debt in full, after offering an extra $65 million to pull in a group of holdout creditors that resisted the transaction.