Budget 2027 Should Put Jobs and Productive Investment First
Zambia's 2027 Budget should move from allocations to measurable results, with every kwacha tested against investment, output, employment, exports and revenue.
Zambia's 2027 Budget should move from allocations to measurable results, with every kwacha tested against investment, output, employment, exports and revenue.
The debt-service train is coming. Zambia's answer must be millions of productive, income-earning small businesses, argues Steven M. Mbangu.
Load shedding hit twelve hours a day and the deficit reached 1,600MW. Supply is better in 2026 - but the costs it imposed are still sitting on Zambian balance sheets.
Zambia bought back a US$1.36 billion bond with an AfDB loan and committed US$275 million in savings to the power grid. A world first - explained, with the criticisms.
Debt restructured to 94 per cent of perimeter, inflation at an eight-year low, and record harvests - set against a primary surplus falling by two-thirds and no successor IMF programme.…