Zambia Presidential Election Scheduled For January 20, 2015

bank-of-zambia-projected-2014-gdp

In line with the country’s constitution, acting Zambian president, Guy Scott, has announced that an election to replace the late President Michael Sata late will be held on January 20, 2015, thereby meeting requirements to hold an election within 90 days of President Sata’s death.
As the acting president, Guy Scott is ineligible to stand as a presidential candidate under the Zambian constitution because his parents were not born in Zambia, but has indicated a desire for all presidential candidates to campaign peacefully.

“It is my prayer that peace continues during the campaigning and the presidential by-elections,” he said.

Current presidential candidates include Nevers Mumba, leader of the Movement for Multiparty Democracy (MMD) and Hakainde Hichilema, leader of the United Party for National Development (UPND) with a candidate for the country’s current governing party, the Patriotic Front (PF) still pending announcement.

Related Posts
AfDB AFRICAN ECONOMIC OUTLOOK 2026
Read More

Zambia GDP Growth Revised to 3.8% in 2025, AfDB Projects Recovery to 5.0% in 2026 and 6.3% in 2027 as Inflation Eases to 9.3%

The AfDB African Economic Outlook 2026 revised Zambia's GDP growth to 3.8% in 2025, down from an initial 5.2% estimate, due to underperformance in ICT, trade, and finance, with inflation declining to 14.0% and public debt dropping to 87.6% of GDP following debt restructuring. Growth is projected to recover to 5.0% in 2026 and 6.3% in 2027, driven by mining, agriculture, and energy recovery, with inflation easing to 9.3% in 2026 and the current account swinging to a surplus of 0.8% of GDP on higher copper export earnings.
IMF Zambia
Read More

IMF Completes Sixth Review of Zambia Extended Credit Facility, Approves USD 190 million with GDP Growth Projected at 5.8% and Inflation at 9.3% in 2026

The International Monetary Fund has completed the sixth and final review of Zambia’s Extended Credit Facility, approving a USD 190 million disbursement and bringing total programme support to USD 1.7 billion. The Fund estimates GDP growth at 5.2% in 2025, driven by strong mining activity and record maize production, and projects growth of 5.8% in 2026, supported by improved electricity generation and continued expansion in mining and services, while inflation is projected to decline to 9.3%.