Zambia’s Hichilema is lauded for economic gains, but austerity is stirring anger among poorest

By Chiwoyu Sinyangwe
Posted on Thursday, 17 November 2022 16:41

Zambia's President Hakainde Hichilema addresses the 77th Session of the United Nations General Assembly at U.N. Headquarters in New York City. REUTERS

Zambia’s President Hakainde Hichilema is putting forward austerity measures in an attempt to undo a decade of economic decay under the former ruling Patriotic Front (PF). Even though he’s being lauded for drastic reforms, a majority of the poor are disgruntled with tougher living conditions.

​​Zambia defaulted on its debts in November 2020 after suffering dire ramifications from the Covid-19 pandemic. Nine months later, Hichilema assumed the presidency and embarked on a quest to revitalise the economy with the help of the IMF.