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Zambian president’s economic promises

Zambian president’s economic promises

ZAMBIAN President Hakainde Hichilema has promised that his new government would implement policies to reduce the fiscal deficit, restore economic growth and review mining policies. In his first address to a new session of parliament since his election in August, Hichilema said officials would also review agricultural policies, revise electricity prices and reform state power firm Zesco. Last November Africa's second-biggest copper producer became the first country on the continent to default on its sovereign debt during the pandemic, after failing to keep up with payments on its more than $12 billion of international debt. "Rebuilding our economy is top…
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Africa prays for hospitalised Kaunda (97)

Africa prays for hospitalised Kaunda (97)

ZAMBIAN president Edgar Lungu has led Zambians and Africa in prayers for Dr Kenneth Kaunda, the country’s 97-year-old founding president who has been admitted into hospital for suspected COVID-19 related illness. “I call on the nation to pray for our beloved KK who is hospitalised that God may touch him with his healing hand. He stood up for this great nation as its most critical moment and so we can all stand up for him in his moment of weakness,” said Lungu. The Zambian president assured the nation that the government was doing all it can to ensure that Kaunda…
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