Southern Africa: Zambia’s Hichilema Wins Second Term As Investors Eye Growth

Zambian President Hakainde Hichilema won a second 5-year term, giving investors policy continuity as the government seeks to build on its debt restructuring and increase copper production.

Hichilema won about 61% of votes in the August 13 election, while his main challenger, Brian Mundubile, received 38%, according to the electoral commission.

The result gave Hichilema more than the 50% required to avoid a runoff. The 64-year-old leader, an economist and businessman, took office in 2021 after 5…