South Africa and Zambia have signed an agreement that elevates the joint commission for cooperation into a Bi-National Commission. This agreement was signed in Lusaka Zambia.

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Two protesters were killed on December 23 when riot police broke up a rally outside the police headquarters where the main opponent of the Zambian government, Hakainde Hichilema was being probed

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Two people lost their lives in a fatal shooting at a political opposition rally in Zambia.Zambia.

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President of Zambia, Edgar Lungu in his first address to the nation since the election, said he will respect the outcome of the election while thanking the Zambian people for their support so far.

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Zambian president Edgar Lungu commissioned a Chinese built airport in Ndola, the country's second largest city. President Lungu said the Simon Mwansa Kapwepwe International Airport will be pivotal in facilitating the country's tourism and industrialization agenda.

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Lusaka residents react on the streets of the capital after Zambian business tycoon and veteran opposition leader Hakainde Hichilema scored a landslide victory in bitterly-contested presidential elections.

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In Southern Africa, the Zambian government, which had defaulted on its debts three years ago, has now agreed in principle to restructure the debt. This agreement involves a steering group consisting of holders of $3 billion in Eurobonds.

The Ministry of Finance and National Planning has confirmed that they have reached an agreement on the major commercial parameters for restructuring the bonds that mature in 2022, 2024, and 2027.

As part of this restructuring agreement, more than $700 million in claims will be permanently forgiven, and there will be reduced debt-servicing payments during Zambia's time in the International Monetary Fund (IMF) programme. This reduction in payments is expected to provide approximately $2.5 billion in cash flow assistance.

It's worth noting that the Zambian government, under President Hakainde Hichilema's leadership, has been working to address the extensive debt issues left from the 2020 default that occurred during the previous administration.

Host: Dashen Hussaina Usman
Guest: Emmanuel Zulu, Economic Analyst and Member of Zambia Civil Society Debt Alliance, Lusaka, Zambia.

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Zambia Debt: Zambia Reaches Eurobonds Deal On Debt Restructuring | NC Now | 28-10-23


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One of former President Robert Mugabe’s most controversial policies was the land reform programme of 2000 which made it legal for black Zimbabweans to seize properties from white farmers - without compensation.

The policy was meant to consolidate his support but resulted in thousands of white commercial farmers being driven off the land.

They sought safety in neighbouring countries such as Zambia, where their skill and experience has had positive results.

Al Jazeera's Tania Page reports.

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Zambia's external debt stood at $14.87 billion at the end of June 2022; Chinese lenders accounted for almost $6 billion of debt at the end of 2021, according to government data

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Tensions in Zambia are threatening to derail commonwealth-brokered talks between the government and opposition after the disputed 2016 elections. Zambia's main opposition party, the United Party for National Development filed a motion last week seeking to impeach President Edgar Lungu over accusations of breaching the constitution. However, debate on the motion which was due Wednesday was delayed, according to a letter from the parliamentary clerk. For more on the situation, VOA’s Vincent Makori is joined by Michael Kaluba, a visiting Zambian journalist.

The vice president of the main opposition party in Zambia, Geoffrey Mwamba, was arrested twice last week and has been released on bail on Monday. He believes his arrest is persecution by President Edgar Lungu.…
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The Patriotic Front (PF), Zambia's ruling party, has "no doubt" that it would win the next national elections.

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In a rare and extraordinary move, the State Department is pulling US Ambassador to Zambia, Daniel Foote, after the president there objected to his harsh criticism of the government's record on corruption and gay rights. #CNN #News

Breakthroughs have already begun at a Global Finance Summit here in France aimed at easing the debt burden on some of the world's most vulnerable countries whilst freeing up billions of dollars in new funds for climate finance. We will be talking to Jorge Moreira da Silva the Executive Director of UNOPS the UN's office for project services which works across Africa and elsewhere
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Newly-released documents and surveillance video on a crash that killed a University of Georgia football player and staffer earlier this year give more insight into the moments right before and the immediate aftermath of the accident scene.

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Western governments along with their loyal media and think tanks warn that China is colonizing, exploiting, and forcing Africa into a debt trap. Is this true? Or is it Cold War propaganda? What is China’s actual role in Africa and how does it compare with the West’s?

To help us understand what's really happening, Rania Khalek was joined by two leading African leftists: Mikaela Nhondo Erskog, an educator and researcher with Pan Africanism Today, a researcher at the Tricontinental Institute, and a member of the organizing committee of No Cold War. And Kambale Musavuli, an activist, writer, and analyst with the Center for Research on the Congo.

Read the report Erskog worked on, “Defending Our Sovereignty: US Military Bases in Africa and the Future of African Unity”, here: https://thetricontinental.org/....dossier-42-militaris

You can listen to every episode of Rania Khalek Dispatches anywhere you get podcasts.
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TIME CODES:
0:00 Intro
2:46 History of colonialism and imperialism in Africa and who’s behind it
8:22 What is China actually doing in Africa?
12:24 Who’s trapping developing countries in debt? Not China!
14:44 Challenging the argument that China is exploiting Sri Lanka
20:07 US vs Chinese practices in the Democratic Republic of Congo
25:25 Western propaganda promoting anti-China sentiment on the African continent
26:34 US military expansion in Africa is meant to thwart China’s growing influence
36:08 China’s history on the African continent (ends 37:14)
37:17 America’s destabilizing role in the DRC, Mali, Guinea and more.
46:17 US vs Chinese activities in Ghana
52:04 Is China building any military capacity in Africa?
54:30 How the US military took over an entire terminal in Ghana’s airport
57:33 French electricity powered by uranium in electricity deprived Niger
1:02:58 Is US propaganda against the Belt and Road Initiative effective in Africa?
1:11:37 Is a multipolar world better for the global south?
1:15:30 Covid in Africa: US vs Chinese response
1:24:10 Anti-China hysteria drummed up by African elites backed by the West



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President HAKAINDE HICHILEMA says Zambia is getting better under the UPND leadership.