Debt for Energy: How Bondholders Backed Zambia’s US$1.36bn Buyback
For most of the past decade, Zambia's sovereign debt and its energy shortages have been treated as separate crises — one a problem for the finance ministry, the other for ZESCO and anyone trying to keep the lights on. A deal struck in June 2026 ties them together....
Debt for Energy: How Bondholders Backed Zambia’s US$1.36bn Buyback
For most of the past decade, Zambia's sovereign debt and its energy shortages have been treated as separate crises — one a problem for the finance ministry, the other for ZESCO and anyone trying to keep the lights on. A deal struck in June 2026 ties them together....
Domestic Tourism as Zambia’s Resilience Market Across the Decades
For most of its history, Zambia's tourism industry sold itself to people who did not live in Zambia. The brochures, the trade stands, the pricing assumptions all pointed outward, towards the long-haul visitor who arrived by air, paid in US dollars and measured a...
What Success Would Look Like in Liuwa Plain, Bangweulu and Community Conservation
It is easy to say what failure looks like in conservation - empty lodges, dwindling wildlife, communities that turned against a project because it never paid them. Success is harder to picture, because it is quieter. For Zambia's community-linked wetlands, success by...
The Nine: Who Steers Zambia’s Monetary Policy Committee
Every interest-rate decision in Zambia carries a single number, but it is made by nine people. The Bank of Zambia's Monetary Policy Committee, the body that sets the policy rate, is a nine-member committee — and knowing who sits on it is part of reading how its...
Debt for Energy: How Bondholders Backed Zambia’s US$1.36bn Buyback
Zambia won near-unanimous bondholder backing to buy back a US$1.36bn bond using a US$600m AfDB loan, committing up to US$275m over 15 years to grid
Domestic Tourism as Zambia’s Resilience Market Across the Decades
How Zambia’s tourism sector shifted from an export model aimed at foreign visitors towards domestic travellers, affordable park access and local events.
What Success Would Look Like in Liuwa Plain, Bangweulu and Community Conservation
What success looks like for Zambia’s community-linked wetlands by 2031: durable low-volume, high-impact destinations and the indicators to track.
The Nine: Who Steers Zambia’s Monetary Policy Committee
Zambia’s nine-member Monetary Policy Committee, chaired by Governor Denny Kalyalya with Deputy Governor Chipimo and external members, sets the Bank of Zambia
What Could Derail Liuwa Plain, Bangweulu and Community Conservation?
Remoteness makes Zambia’s Liuwa and Bangweulu valuable and vulnerable. High operating costs, fragile access, who loses first and the reforms required.
13.5%: How a Bumper Harvest Let the Bank of Zambia Cut Rates
The Bank of Zambia cut its policy rate 75bps to 13.5% in February 2026, citing a bumper maize harvest, a firmer kwacha and falling inflation, with 6-8% seen by
The Investment Map for Liuwa Plain, Bangweulu and Community Conservation
Mapping the investment case in Liuwa Plain and Bangweulu: migration and birding, fisheries, community lodges and conservation as a rural employer.
The US$200m Holiday: How Zambia’s Fuel-Tax Relief Burned Through the Treasury
Zambia’s suspension of VAT and excise on fuel cost the Treasury about US$200m, as Musokotwane urged disciplined fiscal policy and warned of an energy-crisis
The Four-Year Shift in Liuwa Plain, Bangweulu and Community Conservation
From 2022 to mid-2026, Zambia’s wetlands saw real conservation investment and enterprise growth. Separating the measurable gains from the announcements.
Before the Current Boom: Reconstructing Liuwa Plain, Bangweulu and Community Conservation
Before the tourism boom, Liuwa Plain and Bangweulu were governed by traditional authority, floodplain livelihoods and community partnerships. A reconstruction.
K146 Billion Gone: Inside Zambia’s Illicit-Flows Epidemic
Zambia recorded K146.18bn in illicit financial flows from 2022 to 2024, mostly from commercial activity and tax evasion — a structural drain on fiscal
Oscar Manduku-Habeenzu | The Expansion Architect
In nine years Oscar Manduku-Habeenzu turned a single analysis platform into twelve magazine editions reaching business owners across twenty-four African countries. The method has not changed since the first article. One website and an argument Oscar Manduku-Habeenzu...
What Lower Zambezi: Tourism, Conservation and Development Pressure Could Mean for Zambia by 2031
Can Zambia make landscape protection pay by 2031? Three scenarios for the Lower Zambezi and the indicators that will show which road the country took.
The Cobalt Gap: Why Zambia Exported More Than It Mined, 2019–2024
Zambia produced 1,401 tonnes of cobalt from 2019 to 2024 but exported about 1,876.7 — a gap rooted in by-product geology, weak copper output and data
The Governance Test Behind Lower Zambezi: Tourism, Conservation and Development Pressure
Zambia’s Lower Zambezi pits short-term extractive investment against a lasting tourism landscape. The trade-off, the excluded and the reforms the valley needs.
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