Tag Archives: economy

Following the ousting of the former president, Robert Mugabe, Zimbabwe has embarked on a path of openness that seemed to be unimaginable a couple of years ago. The new president, Emmerson Mnangagwa, has pledged to re-engage with the international community and subsequently normalize relations between them and Zimbabwe, a move seen by all observers as… Continue reading

Edgar Lungu’s decision to appoint Felix Mutati as Finance Minister is a clear message to the IMF and the World Bank: Zambia is again ready to follow IMF’s austerity policies. Mutati, who was minister in Mwanawasa’s and Banda’s governments, played a key role in approving and carrying out IMF’s prescriptions. Zambian economy collapsed as a… Continue reading