Zambia bonds steady as Hichilema begins second term amid treason charge on rival

Zambia's election delivered policy continuity with Hichilema's re-election, but the aftermath includes disputed results, a court challenge, and treason charges against the main rival. Markets have shrugged off the political turmoil, suggesting investor focus remains on fiscal stability. The treason charge marks an escalation in political tensions, though the bond market's calm indicates limited near-term economic disruption.