ZAMBIA: CENTRAL BANK DISPUTE RELATES TO BROADER POLITICAL POWER DYNAMICS

ZAMBIA: CENTRAL BANK DISPUTE RELATES TO BROADER POLITICAL POWER DYNAMICS

   Tue, 25 August 2020

The abrupt dismissal of Zambia’s well-respected central bank chief indicates that the government will exert more pressure on the institution to buy more of its bonds, thus again dangerously spiking inflation. The reshuffle also relates to a broader debate on debt sustainability and the political succession of the president as the ruling party prepares to name its candidates for the 2021 polls.



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