By Muzala Shinka, ZAMBIA’s decision this week to buy back a $1.4 billion bond signals growing confidence in the country’s economic recovery. The government offered to repurchase the bond at about 78 cents on the dollar, roughly $1 billion, using a cheaper loan from the African Development Bank and domestic resources. The move aims to […]

By Muzala Shinka, ZAMBIA’s decision this week to buy back a $1.4 billion bond signals growing confidence in the country’s economic recovery. The government offered to repurchase the bond at about 78 cents on the dollar, roughly $1 billion, using a cheaper loan from the African Development Bank and domestic resources. The move aims to […]