Zambia Set for Talks With Bondholders Blocking Its Debt Buyback

Zambia's government is preparing for crucial talks with bondholders who have halted its effort to repurchase a $1.36 billion bond, potentially avoiding an expensive coupon hike. This move comes as the country grapples with significant debt challenges, and negotiations could determine Zambia's financial stability and its ability to manage its debt load effectively. The outcome of these discussions will have broader implications for Zambia's economic future and its credibility in international markets.