Citi turns bullish on Zambia bonds after Hichilema re-election

BusinessDay | 21-08-2026 12:04pm |

Citi has upgraded Zambia's international bonds to overweight from marketweight, citing improved political stability after President Hakainde Hichilema secured re-election. This upgrade reflects increased investor confidence in Zambia's economic prospects. The move is likely to attract more investment into the country.

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