Zambia defaults on its debt

Africa Today

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Zambia defaults on its debt

Zambia's economy becomes the first casualty of the COVID-19 pandemic following the country defaulting on its sovereign debt. Our financial analyst from Lusaka, Trevor Hambayi, tells us how this economic default will be likely to impact Zambians. We bring you an update on the worsening conflict in Ethiopia's Tigray region where a three-day deadline the central government imposed on TPLF fighters has expired. We also hear about the curious case of Shepherd Bushiri, a millionaire Malawian church pastor who skipped bail in South Africa to resurface a few days later in his home country.
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Zambia's economy becomes the first casualty of the COVID-19 pandemic following the country defaulting on its sovereign debt. Our financial analyst from Lusaka, Trevor Hambayi, tells us how this economic default will be likely to impact Zambians. We bring you an update on the worsening conflict in Ethiopia's Tigray region where a three-day deadline the central government imposed on TPLF fighters has expired. We also hear about the curious case of Shepherd Bushiri, a millionaire Malawian church pastor who skipped bail in South Africa to resurface a few days later in his home country.
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