Something is not right. Hon Milupi’s $3.7 billion PPP concession for roads simply doesn’t make sense

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Something is not right. Hon Milupi’s $3.7 billion PPP concession for roads simply doesn’t make sense
Something is not right. Hon Milupi’s $3.7 billion PPP concession for roads simply doesn’t make sense

Africa-Press – Zambia. Hon Milupi owes us an explanation to include who is guaranteeing this massive undertaking? The so-called Forum doesn’t have assets. Is this in essence another foreign debt by guarantee? If we talk about debt transparency, we can already count that we are already close to an additional $7bn in less than 120 days

The Author is Norbert Mumba has more than 25 years of senior management experience in Zambia, including 19 years at the Bank of Zambia (BOZ)—a member institution of AFI—where he held numerous positions such as Assistant Director of Regulatory Policy, Licensing, and Liquidations, and Director of Bank Supervision. Mr. Mumba has been a member of several technical committees aimed at reforms of the banking sector at national, regional, and international levels.

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