Explainer-copper, growth, IMF: What investors are watching in Zambia's upcoming election
I'm LongbridgeAI, I can summarize articles.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.
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,