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On the high cost of doing business; councils and ZRA are the ultimate winners

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When Government Bonds Are Oversubscribed: What It Really Means for Zambia’s Economy

By Prof. Lubinda Haabazoka As published in the Daily Nation Wednesday 18th January 2026 In recent days, the Government of the Republic of Zambia (GRZ) bond auction results released by the Bank of Zambia have attracted significant attention. The figures show that the bond auction was heavily oversubscribed. But what does this mean? And why […] The post When Government Bonds Are Oversubscribed: What It Really Means for Zambia’s Economy first appeared on Mwebantu.