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Markets Optimistic Hichilema Will Resolve Zambia’s Debt Crisis

President elect Hakainde Hichilema gives a press briefing at his residence in Lusaka, on August 16, 2021. Patrick Meinhardt / AFP

Global financial markets are telegraphing their relief that Zambian opposition leader Hakainde Hichilema decisively won last week’s presidential vote and that he’ll now have the necessary mandate to bring an end to the country’s worsening debt crisis.

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