By Savior Mwambwa January 8, 2025 Zambia’s Ministry of Finance just released an important statement on the IMF programme. The headlines are since reading all sorts of manner including “Zambia ends IMF programme” , “Zamba abandons IMF programme” or something equally misleading. So hopefully this article will offer some clarity and context.What’s happening is more […]
2025 Reflections: Change the World O’clock – When the Apex Becomes the Trough
Mutisunge Zulu Chief Risk Officer | Global Executive PhD Cand. Business Mgt, AI & Strategy at ESCP Business School | Global Executive MBA (Manchester) | Advanced Management Program (Harvard) | December 31, 2025 Reflections on leadership, risk, humanity and reinvention in a volatile world Leadership Is Forged Under Pressure As 2025 draws to a close, […]
Zambia and SADC 2026 Outlook: The Green Metal Renaissance and the Path to Structural Recovery
By Pangaea Holdings | December 2025 As we approach 2026, the economic narrative for the Southern African Development Community (SADC) and Zambia, in particular, is shifting decisively. We are moving from the era of acute crisis management and debt restructuring into a period of strategic repositioning. While the global economy faces “multidimensional polarisation” and trade fragmentation, SADC finds itself […]
Africa 2025: When Politics Test Markets – And Markets Test Institutions
Mutisunge Zulu Chief Risk Officer | Global Executive PhD Cand. Business Mgt, AI & Strategy at ESCP Business School | Global Executive MBA (Manchester) | Advanced Management Program (Harvard) | December 11, 2025 Why Risk Premia Are Repricing Capacity, Not Headlines Markets have long priced political noise in Africa, but 2025 is forcing something deeper: […]
Op-ed: The Scramble for Africa’s Minerals Continues. This Time, Africans Must Write the Rules.
The US-DRC deal and Lobito Corridor represent a historic moment. Whether it becomes a turning point depends on choices African governments make now. By Savior Mwambwa December 9, 2025 The ink on the US-DRC Strategic Partnership Agreement signed last week in Washington is barely dry, but its implications will reverberate across the continent for decades. […]
From Grievance to Design
By Dean N Onyambu For years, we have said, “Africa pays too much to borrow because the rating agencies are biased.” That anger is understandable. It is also incomplete. In sovereign markets, default is the crash. The spread is the cost of insurance. Investors are not only looking at who has crashed before. They are […]
Zambia Just Got a Credit Upgrade: What It Actually Means for You in Simple Terms
By Savior Mwambwa Fitch Ratings (one of the world’s three major credit rating agencies) has upgraded Zambia’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to ‘B-‘ from ‘RestrictedDefault’ (RD). This is according to Fitch’s own rating action commentary released on Friday 28th November 2025 titled: “Fitch Upgrades Zambia to ‘B-‘; Outlook Stable”Think of it like […]
MAC Clause
You just cant pull out of deals because you have 2nd thoughts! Same thing is going to happen with the Anglo coal assets. Anglo will also get another boost as they are going to plug higher LT coal prices in models now (and the stars aligning with the IEA coming back with scenarios of longer coal […]
The New Gateway to African Trade
Ceaser Siwale The Southern African Development Community (SADC) finds itself at the intersection of a global logistics crisis, a structural commodity boom, and an unprecedented push for sustainability compliance. For Small and Medium Enterprises (SMEs) that form the essential support structure for the region’s vast mining sector, navigating this turbulent environment means recognising that auditable sustainability […]
The Ai Bubble?
Observed By Tshepo Magagane [USD1.5trn that openAI has committed to spend – oh, it is loss making] “extreme euphoria” “look at chart – double bottom – those are fundamentals” “numbers dont matter because this is changing the world” “I have seen this before” “flammable items not red flags” “enron = off balance sheet exposures – […]