Zambia Eurobonds surge after landslide win for opposition leader

Sixth time lucky as Hakainde Hichilema wins election by biggest margin in quarter century

16 August 2021 - 19:34 By Matthew Hill and Taonga Clifford Mitimingi

Zambia’s Eurobonds surged the most in more than a year after opposition leader Hakainde Hichilema’s shock landslide victory in the nation’s presidential election.

United Party for National Development’s Hichilema beat incumbent president Edgar Lungu by almost a million votes, the biggest margin of victory in a quarter century, in the August 12 race that had been expected to be closely contested...

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