For investors across industries, each of Africa’s 54 countries represents a place of opportunity and challenge. With growing consumer populations, ... increasing urbanisation, and a wealth of untapped natural resources and development capacity, there is significant scope for investment.
The victory bequeaths on the new president and his party, the United Party for National Development (UPND), the immense task of restoring the rule of law, fixing the ailing economy and uniting a divided nation.
Hichilema won the poll with 59.38% of the vote. He secured a one million vote lead over his closest rival and incumbent, Edgar Lungu of the Patriotic Front. Lungu polled 38.33%.
The election was effectively a referendum on Lungu and the conduct of his party during his tenure from 2015 to 2021. Zambians opted to believe in the campaign promises of his opponent. Hichilema promised to grow the economy to alleviate people’s suffering, restore the rule of law, end corruption and that, unlike his opponents, he was not contesting to secure a job.
Lungu’s candidature was controversial and highly contested. He completed his predecessor, the late Michael Sata’s unfinished term in 2016. He then served a full five-year term after beating Hichilema in elections held that same year by a narrow margin.
In 2021 Lungu was contesting for office in what some argued would effectively be a third term. The Constitutional Court was thrice petitioned to declare him ineligible. The court ruled in Lungu’s favour on all the occasions. It found that he had served only a year, not a full presidential term, between 2015 and 2016 after Sata’s death. This made him eligible to contest the polls in 2021.
In the end, it was the ballot box that ended his tenure. The arrogance of power displayed by the Patriotic Front in defying the concerns of the country’s citizens in the way it ran the affairs of the state drove voters to voice their displeasure.
There were a number of reasons the electorate decided to back his opponent. Zambians were irked by the decline of democracy under Lungu, as shown by intimidation, harassment and arrests of members of the opposition, and critics of the government. Human rights violations were on the rise.
In December 2020, a state prosecutor and a UPND supporter were shot dead when police fired on a crowd that had gathered near police headquarters to protest the harassment of Hichilema.
The Lungu government even tried to amend the constitution. Experts said this would have taken parliament’s oversight over the executive, creating a constitutional dictatorship. Levels of corruption also reached unprecedented levels.
In 2018, the Financial Intelligence Centre reported acts of corruption estimated at about $284m. That same year, Finland, Ireland, Sweden and the UK withheld aid worth about $34m because they were concerned about corruption and financial mismanagement.
In 2019, the money laundering and terrorist financing trends report of Zambia’s Financial Intelligence Centre disclosed that public officials had influenced the awarding of contracts. Corruption linked to public sector procurement was a major contributor to the proceeds of crime.
Zambians went to the 2021 polls in the midst of a second debt crisis created under the Lungu government. The cost of living had also soared as the annual inflation rate was the highest in about two decades.
He promised to roll out more infrastructure if reelected. But for many in Zambia economic conditions were tough. The economy got worse and many remained jobless and disgruntled on his watch.
The combination of high government debt and a weak economy meant that Zambia couldn’t service its debts. Lungu’s government had a fallout with international financial markets after it defaulted on debt repayment in 2020. The IMF had refused to bailout Zambia in 2016 over concerns about the government’s commitment to economic reforms. The IMF resumed talks with Zambia to reform the economy in February 2021, but a deal was unlikely until after the election.
Failed reelection strategy
In past elections, the Patriotic Front used infrastructure and the tribalism trump card to beat Hichilema. But, this failed in 2021. While Hichilema maintained popularity in his traditional stronghold in Zambia’s southwest region, he also broke into Lungu’s stronghold in the northeast and gained unprecedented support. His campaign message to end corruption, restore the rule of law and the economy resonated among the majority of voters across Zambia.
The article continues below
Get your free PDF: Top 200 banks 2019
The race to transform
Complete the form and download, for free, the highlights from The Africa Report’s Exclusive Ranking of Africa’s top 200 banks from last year. Get your free PDF by completing the following form
His pick of vice president and running mate in Mutale Nalumango also helped him break into Lungu’s core constituency. The educator and former vice president of the Secondary Schools’ Teachers Union of Zambia served as Movement for Multiparty Democracy Member of Parliament for Kaputa in Northern Zambia from 2001 to 2011. Hichilema’s break into Lungu’s core constituency saw Lungu cry foul that the 2021 election was not free and fair.
Restoring a fractured country
Hichilema has his work cut out for him. He has to endear himself to the whole country and prove that he is a national leader. This will enable him to clear his name of accusations that he is a tribalist.
He also faces the daunting task of undoing the culture of violence and extortion in the political arena by party “cadres” – unemployed men who extort money, provide informal security for party elites, and disrupt opposition events.
Hichilema will have to tame his own party cadres, and restore sanity through the impartial application of the law to set Zambia back on the path of democratic consolidation.
The task that will make or break Hichilema’s leadership, however, is fixing the economy. He has spoken largely about this since he stepped onto the political stage, claiming he was best suited to fix Zambia’s economic problems.
Potential supporters of Zambia’s economy, such as the IMF, demand austerity to restore its economic fortunes and set it on a path of recovery. Hichilema will have to balance austerity and the high expectations of the many unemployed young people and struggling people who voted for him.
Understand Africa's tomorrow... today
We believe that Africa is poorly represented, and badly under-estimated. Beyond the vast opportunity manifest in African markets, we highlight people who make a difference; leaders turning the tide, youth driving change, and an indefatigable business community. That is what we believe will change the continent, and that is what we report on. With hard-hitting investigations, innovative analysis and deep dives into countries and sectors, The Africa Report delivers the insight you need.View subscription options