Research Briefing | Jul 27, 2021

Africa | Zambia: August elections a pivotal moment

cover image of the research briefing

The August 12 national elections could mark a key turning point for Zambia’s future. Deteriorating economic conditions have left President Edgar Lungu struggling for political survival ahead of the polls, while his main rival, successful private sector executive Hakainde Hichilema, has positioned himself as a potential saviour of the economy.

What you will learn:

  • The presidential elections will be the third two-horse race between President Lungu and Hakainde Hichilema.
  • If Mr Lungu gets re-elected, the business environment will remain hostile but, if Mr Hichilema wins, we expect that he will take a more business-friendly approach to policymaking.
  • There are concerns about Mr Lungu illegitimately skewing the voting in his favour.

Back to Resource Hub

Related Services

Post

Why an ageing population doesn’t mean soaring inflation

What’s the future for inflation? Joachim Nagel, the new president of Germany's central bank, believes the rapidly ageing global population will play a key role – ramping up pressure on prices in the medium term. While we agree slowing labour supply will stifle output growth, in his recent discussion Nagel failed to fully consider the demand side of the argument.

Find Out More

Post

Surging global food prices could drive eurozone core inflation higher

Along with energy prices, global food prices have emerged as a key driver of the eurozone's current inflationary surge. Like other advanced economies, eurozone countries tend to be less exposed to global food price fluctuations. But if persistent and combined with strong demand, high food prices could result in a higher pass-through to core inflation.

Find Out More