Election Turmoil in Zambia No Bar for Investors Seeking YieldsBy and
Economy battered by falling copper prices, power shortage
President seen seeking IMF bailout, whoever triumphs in vote
It’s been a tough 12 months for Zambia, Africa’s second-biggest biggest copper producer. The economy has been battered by a slump in the price of the metal, power shortages and a plunge in the currency, and as many as six people died in a violence-marred campaign before Thursday’s presidential elections.
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