December 18, 2020

Africa

ZAMBIA: Plan spells headline risk for miners, no clear upside for IMF deal

BY Anne Frühauf

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( 5 mins) On 17 December, President Edgar Lungu launched Zambia’s new Economic Recovery Programme (ERP) 2020-2023. If Lungu’s ERP was meant to please the International Monetary Fund (IMF), the immediate effect was to generate headline risk as Lungu signaled his intention to push for majority stakes for the state in mining operations. Even on the macroeconomic front, […]

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