November 13, 2020

Africa

ZAMBIA: Point of no return

BY Anne Frühauf

Share on twitter
Share on whatsapp
Share on facebook
Share on linkedin
Share on email
Share on reddit

Report Contents

Listen to our reports with a personalized podcasts through your Amazon Alexa or Apple devices audio translated into several languages

( 3 mins) Finance Minister Bwalya Ng’andu confirmed today, 13 November, that Zambia would “have no other alternative but to accumulate arrears” on its 2024 Eurobond, where the grace period on a USD 42.5mn coupon payment expires today. Zambia’s slide into official default became all but inevitable after bondholders rejected Zambia’s request for a six-month payment holiday earlier in the […]

Register for FREE to read the rest of this report.

More by Anne Frühauf