Zambia: Finance Minister dismissed

Zambia: Finance Minister dismissed
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Margaret Mwanakatwe is no longer part of the Zambian government.

Zambian President Edgar Lungu abruptly fired his finance minister on Sunday.

She’s been replaced by Bwalya Ng’andu, former deputy chief of the Zambian central bank.

The Zambian presidency announced its decision in a statement issued on Sunday, but did not give reasons for the dismissal.

Mwanakatwe had been Finance minister for just over a year.

The 9% across-the-board tax on sales of goods and services, which was originally …

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