Kenyans on high alert over Chinese loans as China seizes zambia’s Power Utility firm for defaulting

Kenyans are on high alert after it was reported that China was in talks with a  Chinese company to takeover Zambia’s power utility Corporation- ZESCO. Africa Confidential has warned that Zambia risks losing its sovereignty to China as that country will seize national assets once government defaults on loans. In a report titled ‘Bonds, bills and … Continue reading Kenyans on high alert over Chinese loans as China seizes zambia’s Power Utility firm for defaulting