Zambia's Lungu Softens Stance on Glencore Job Cuts After Meeting

Updated on
  • President Edgar Lungu `open' to job cuts if done legally
  • Mopani and labor unions will probably conclude talks Monday

Zambian President Edgar Lungu is “open” to job cuts at Glencore Plc’s local unit as the company faces low copper prices and rising costs, his spokesman Amos Chanda said.

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