FINANCE Minister Dr Situmbeko Musokotwane says the upgrade in Zambia’s credit rating is a vindication that the country is making progress in restructuring its debt. Standard and Poor’s (S&P) Global Ratings has upgraded Zambia’s long-term foreign and local currency sovereign credit ratings to CCC+/C from SD/SD, confirming its exit from default status. Addressing the media, Sunday, Dr Musokotwane said the rating would help the country attract more investment and create more business opportunities. “The decision that has been made to lift Zambia’s status away from default, this is something that is going to help us. And those investors who took a ‘wait-and-see’ attitude… [They would say], ‘Yes, Zambia sounds interesting, but you are defaulters. We cannot put money into your...