---
title: "Explainer-copper, growth, IMF: What investors are watching in Zambia's upcoming election"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293736914.md"
description: "Zambians vote on August 13, with President Hichilema expected to win. Investors focus on policy continuity, specifically a new IMF program and copper sector growth. Key concerns include mining tax implementation, local-content rules, power supply reliability for hydro-dependent operations, and fiscal pressures from grain market reforms and election spending. Risks involve potential electoral unrest and climate-related drought impacts on agriculture and energy."
datetime: "2026-07-24T10:02:35.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293736914.md)
  - [en](https://longbridge.com/en/news/293736914.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293736914.md)
generator: "portal-rs"
---

# Explainer-copper, growth, IMF: What investors are watching in Zambia's upcoming election

By Colleen Goko JOHANNESBURG, July 24 (Reuters) - Zambians vote on August 13 in presidential and parliamentary elections, with polls and investors widely expecting President Hakainde Hichilema to defeat a fragmented opposition led by Brian Mundubile. The bigger question for investors is whether a second Hichilema term can turn Zambia's post-default macroeconomic turnaround into stronger,

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**