LUSAKA, Sept 29 – New Zambian President, Michael Sata, fired his respected central bank governor on Thursday and his new mines minister floated plans to boost tax receipts from mining companies, rattling investors in Africa’s biggest copper producer.
But the appointments of Alexander Chikwanda, an economist with a long track record in government, as finance minister and Guy Scott as vice-president may calm fears of radical policy shifts under Sata, who was sworn in on Friday.
Source: Reuters Africa newsletter
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