Socialist Party Press Statement on the engagement of Highgate Advisory Ltd as the GRZ communication advisor for the debt management process
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Socialist Party Press Statement on the engagement of Highgate Advisory Ltd as the GRZ communication advisor for the debt management process. Lusaka, 18 January 2021 The hiring of Highgate Advisory Ltd by GRZ to advise on debt restructuring related communication with all creditors and stakeholders is shameful, a waste of the taxpayers money and is symptomatic of our clueless PF government. The Socialist Party had in May 2020 criticised the unnecessary USD 5 million hire of the French Company, Lazard Freres. This company was contracted to provide advisory services regarding liability management for Zambia’s debt portfolio. Our Party had consistently...