Zambia sighs in debt deal, but is it relief or new bondage?

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Zambia's President Hakainde Hichilema. PHOTO | REUTERS

Zambia’s historic agreement with its creditors to restructure its $3.5 billion Eurobond has come as a huge sigh of relief to the Southern African country that has had a long-drawn debt crisis.

Either that or it could only delay a bigger crisis in future.