Zambia

On the occasion of the visits to Zambia by the IMF MD, Kristalina Georgieva and U.S Treasury Secretary, Janet Yellen, the Zambia Debt Alliance and the African Sovereign Debt Justice Network (AfSDJN) call upon the International Monetary Fund (IMF) and the United States, a vital member of the G7 and G20, to take substantial action to address the debt problem faced by Zambia and several other African countries.

The African Sovereign Debt Justice Network, (AfSDJN), is a coalition of citizens, scholars, civil society actors and church groups committed to exposing the adverse impact of unsustainable levels of African sovereign debt on the lives of ordinary citizens.

This blog post largely derives from a recent study entitled Bank of Zambia’s Autonomy Amidst Political Turnovers in Zambia, which investigated whether BOZ could effectively deliver on its mandate given the context of political interferences arising out of Zambia’s competitive clientelist democracy. That study concluded that, over time, BOZ had enshrined its independence in the law and had been quite effective at delivering on its mandate to stabilize prices and develop the financial system as required in a market economy.

The News and Events published every week include conferences, major developments in the field of International Economic Law in Africa at the national, sub-regional and regional levels as well as relevant case law.

The African Sovereign Debt Justice Network brings to you an update of African sovereign debt news and updates on events and happenings on and about Africa that reveal how sovereign debt issues are engaged by the various stakeholders.

May 24, 2020

It is the segment of the news bulletin that many viewers skip, the section of the newspaper that many readers skim, the panel of the law conference during which many listeners in the audience yarn. And yet few things affect our ability to eke out a living as drastically as central banking.

The African Sovereign Debt Justice Network brings to you an update of African sovereign debt news and updates on events and happenings on and about Africa that reveal how sovereign debt issues are engaged by the various stakeholders.

The News and Events published every week include conferences, major developments in the field of International Economic Law in Africa at the national, sub-regional and regional levels as well as relevant case law.

The News and Events published every week include conferences, major developments in the field of International Economic Law in Africa at the national, sub-regional and regional levels as well as relevant case law.