A prolonged political crisis is the last thing we need
While we are all following the proceedings in the courtroom, eager to find out whether or not the election of president Edgar Lungu was rigged, the country has come to a standstill. A president, who is but a president-re-elect suspended between terms in office, means very few decisions are being made. And the great loser in this political hullaballoo is the economy. Zambia’s economy was finally beginning to show signs of at the very least stabilising, following a tumultuous tailspin, but it is going to take a lot more to make it soar again. Zambia is in desperate need of some decisive economic decision-making to pave the way for budget support, sooner rather than later, probably from the International Monetary Fund (IMF), although some people are hoping that the Chinese will step in, in order to avoid IMF’s harsh austerity measures. Let’s hope the court drama will be resolved fast. A drawn-out political crisis is the last thing we need right now. Otherwise, the economy will tank.
Camilla Hebo Buus, Editor Zambia Weekly