Africa: Zambia Leaves South Africa Choking in Its Dust At the 2022 Mining Indaba

Investors are buying President Hakainde Hichelema’s narrative of ‘New Dawn’ change, but remain sceptical about South Africa’s vague promises to break bureaucratic logjams in its mining sector.

In the world of investment, political shifts are monitored as closely as any economic indicator.

At the “Investing in African Mining Indaba” in 2018, the changing political winds in a trio of southern African countries — Angola, Zimbabwe and South Africa — lifted the mood of investors.

Angola’s Jose…