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Episode details

World Service,4 mins

How Zambia's debt mountain is hurting the economy

World Business Report

Available for over a year

Roads, railways and bridges are the structures that societies are built on. But Zambia borrowed too much too quickly to fund its spending spree, and consumers and businesses are now paying the price. With a cost-cutting drive now underway, the ÃÛÑ¿´«Ã½'s Szu Ping Chan travelled to the Zambian capital, Lusaka, to find out how Zambia's growing public debt has hurt jobs and growth. (Image: Sisters Faith Kabende (left) and Gwen Mulenga pictured outside their business Fay Fabrics. Credit: ÃÛÑ¿´«Ã½).

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