16 min

How did Zambia get into so much debt‪?‬ Africa Daily

    • News

Zambia’s up to its eyeballs in debt.
Late last year, it became the first African country to default on its foreign debt since the Covid pandemic began.
And people across the country have started feeling the pinch: many complain about rising prices and their sudden inability to pay their bills.
But Zambia’s looking for a way out: it’s been talking to the International Monetary Fund, hoping to get some sort of bailout.
How did things get so bad though? And is there an easy way out of this crisis?
Hosted by Alan Kasujja (@Kasujja on Twitter)
#AfricaDaily

Zambia’s up to its eyeballs in debt.
Late last year, it became the first African country to default on its foreign debt since the Covid pandemic began.
And people across the country have started feeling the pinch: many complain about rising prices and their sudden inability to pay their bills.
But Zambia’s looking for a way out: it’s been talking to the International Monetary Fund, hoping to get some sort of bailout.
How did things get so bad though? And is there an easy way out of this crisis?
Hosted by Alan Kasujja (@Kasujja on Twitter)
#AfricaDaily

16 min

Top Podcasts In News

De 7
De Tijd
LEGEND
Guillaume Pley
DS Vandaag
De Standaard
Les Grosses Têtes
RTL
Politique fiction : et si en Belgique, rien n'était impossible ?
RTBF
De Stemmen van Assisen
Nieuwsblad

More by BBC

Global News Podcast
BBC World Service
You're Dead to Me
BBC Radio 4
6 Minute Vocabulary
BBC Radio
6 Minute English
BBC Radio
The English We Speak
BBC Radio
6 Minute Grammar
BBC Radio