CAF inspectors in town to assess Zambia’s 2019 AFCON bid
Inspectors from the Confederation of African Football (CAF) are in town from the 9th to the 15th of August in order to assess Zambia’s bid to host the African Cup of Nations (AFCON) in 2019. The inspectors will be visiting various stadia, training facilities and accommodations in Lusaka, Ndola, Kitwe, Chingola, Chililabombwe and Livingstone. Zambia is one of five bidders looking to bring home the 2019 AFCON - Guinea, Ivory Coast, Algeria and Cameroon (DRC withdrew their bid). The CAF executive will decide on the hosts for 2019 as well as 2021 in September 2014 at a meeting in Cairo.
The only other time Zambia won the bid to host AFCON was for the 1988 edition which they failed to run because of funding issues - Morocco quickly stepped in to replace them. Does Zambia have a realistic shot at hosting the tournament in 2019? Well, there is a good case for them:
Bank of Zambia holds policy rate at 12%
The central bank held the policy rate at 12% on account of inflationary pressures experienced over the last few months. They started open market operations last month which have resulted in the decline of the overnight interbank rate from a high of 25% to 14.5%. Bank of Zambia (BoZ) subsequently reduced the maximum lending rate that commercial banks can charge from 28% to 24%. BoZ also released a lot of other key economic data, some of which is highlighted below:
Ebola measures – from ban to travel advisory
On Friday last week, the Ministry of Health announced a ban on travelers from Ebola affected countries (Nigeria, Liberia, Guinea and Sierra Leone) from traveling to Zambia and vice-versa. Various publications, domestic as well as international ran with the story but it changed the next day as the Health Minister backtracked and called the statement a travel advisory and not an outright ban.
Trying to decipher this puzzle that is Zambia by using a variety of publicly available data (structured and unstructured) in conjunction with my own skill/experience. * * *