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    A Senior Finance Lecturer at the University of Cape Coast Business School, Dr. Seyram Kawor, says the upcoming 2026 budget will serve as a key test of the government’s commitment to fiscal discipline and sustainable economic management.

    2026 Budget Will Test Govt’s Commitment to Fiscal Discipline – Dr. Seyram Kawor

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    A Senior Finance Lecturer at the University of Cape Coast Business School, Dr. Seyram Kawor, says the upcoming 2026 budget will serve as a key test of the government’s commitment to fiscal discipline and sustainable economic management.

    2026 Budget Will Test Govt’s Commitment to Fiscal Discipline – Dr. Seyram Kawor

    The International Monetary Fund (IMF) has advised the Government of Ghana to exercise caution and adopt a strategic approach in implementing its current market intervention program aimed at stabilizing the local currency.

    IMF Urges Ghana to Be Strategic in Market Intervention Efforts

    The Nigerian film industry has once again witnessed love take center stage as popular Nollywood actress Eve Esin tied the knot with her Ghanaian partner, Suleman, in a colourful and emotional ceremony held over the weekend in Uyo, the capital city of Akwa Ibom State.

    Nollywood Star Eve Esin Marries Ghanaian Partner Suleman in Glamorous Uyo Ceremony

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    NPA corruption scandal deepens—OSP uncovers new evidence, raises charges

    EPA Engages Scrap Dealers on Ozone Layer Protection Efforts

    EPA Engages Scrap Dealers on Ozone Layer Protection Efforts

    Accra — It may not even be the official start of December yet, but Ghana’s festive season seems to have found its explosive kickoff. ShattaFest 2025, headlined and organized by Dancehall superstar Shatta Wale, transformed Accra’s Independence Square into a sea of energy, music, and celebration last Saturday night.

    ShattaFest 2025: Shatta Wale Sets Independence Square Ablaze With an Unforgettable Night of Music and Unity

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    Sia’s Estranged Husband Seeks Over $250,000 Monthly in Spousal Support, Citing Lavish Lifestyle During Marriage

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Edgar Lungu: Zambian ex-president stripped of retirement benefits

Aba Aikins Appah by Aba Aikins Appah
2 years ago
in Africa News
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Edgar Lungu: Zambian ex-president stripped of retirement benefits
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Zambia’s government has withdrawn retirement benefits and privileges from former President Edgar Lungu following his decision to return to active politics.

Mr Lungu lost the presidency to Hakainde Hichilema in 2021, after which he announced his retirement.

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After six years in office, he left the country facing serious economic issues as Africa’s most indebted nation.

His return to politics sets the stage for a bruising 2026 presidential race.

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The former president has already been notified about the immediate withdrawal of his retirement benefits and privileges, according to government spokesman Cornelius Mweetwa.

He said it was clearly stated in the law that former presidents who returned to politics would lose their benefits.

As a retired president, Mr Lungu was entitled to three security officers, a diplomatic passport, three state cars, a furnished house, medical insurance and funeral expenses on his death.

He also enjoyed immunity from prosecution.

In a press conference on Wednesday, Mr Mweetwa said the former leader would now be treated with “equality of the law”, just like any other senior citizen of the country.

Mr Lungu is aiming to capitalise on growing dissatisfaction with the continued economic hardships in the country under his successor.

Civil society groups have also expressed concern over what they described as the “shrinking” human rights freedoms in the country.

While announcing his political comeback last week, Mr Lungu said he was returning to fight for and defend democracy in the country.

He also pledged to save his factionalised ex-ruling Patriotic Front party from collapse. The government has threatened to de-registrar the party over leadership wrangles.

The government spokesman denied Mr Lungu’s recent statement that supporters of the ruling United Party for National Development (UPND) were targeting him.

He described Mr Lungu’s remarks that his life had been threatened as a “mere false alarm”, saying the former leader was as secure “as any other citizen”.

Mr Lungu was, however, warned against confrontational politics against President Hichilema’s government.

Last month, Mr Lungu was warned against jogging in public, with police describing his weekly workouts as “political activism”.

It is not clear whether his immunity from prosecution will be removed.

Zambia’s parliament has revoked the right to immunity for two former presidents – Frederick Chiluba in 2002 and Rupiah Banda in 2013.

Some members of the ruling UPND have been calling for the removal of his immunity and prosecution for alleged corruption during his rule. Mr Lungu said the allegations were politically motivated.

Read more news here

Source: BBC

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A Senior Finance Lecturer at the University of Cape Coast Business School, Dr. Seyram Kawor, says the upcoming 2026 budget will serve as a key test of the government’s commitment to fiscal discipline and sustainable economic management.

2026 Budget Will Test Govt’s Commitment to Fiscal Discipline – Dr. Seyram Kawor

October 20, 2025
The International Monetary Fund (IMF) has advised the Government of Ghana to exercise caution and adopt a strategic approach in implementing its current market intervention program aimed at stabilizing the local currency.

IMF Urges Ghana to Be Strategic in Market Intervention Efforts

October 20, 2025
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