ZAMBIA: ANTI-CORRUPTION EFFORTS ACCELERATE IN MINING SECTOR

   Fri, 03 March 2023

The past year saw a remarkable surge in foreign investment in Zambia, most of which has been concentrated in the critical minerals sector. This reflects progress in President Hichilema’s efforts to reform the sector and improve its attractiveness to foreign investors, including through cracking down on corruption. However, a range of challenges remain persistent, including sustained security issues and the spectre of a broader economic crisis linked to ongoing debt restructuring negotiations.

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