Q FM Africa's Modern Radio
Financial Analyst Mambo Hamaundu says Zambians should brace themselves for economic challenges following the current external debt of over US$8 billion.
Mr. Hamaundu says extra foreign exchange will be required to service the loan that government has acquired within three years.
Mr. Hamaundu says there is need for government to slow down on borrowing saying the external debt is way too high.
He says Zambia has borrowed extensively in the last three years saying debt servicing will become a challenge now.