Analysis > Markets

Zambia: Hanging in there

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Type Zambia into google and one of the first news stories that comes up is about people hanging off the edge of a massive waterfall in Zambia. The waterfall in question is the Victoria Falls, where calm pools at the top allow people to sit in the water and literally hang over the edge of a massive drop. With the general mood of investors in the emerging markets and in Africa sometime it feels that hanging in a pool a tiny space away from a massive drop is exactly where markets are, despite the drops we have already seen.