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Zambian President Hakainde Hichilema said on Friday his new government would implement policies to reduce the fiscal deficit, restore economic growth and review mining policies.
Zambia's state mining investment arm ZCCM-IH has agreed to take over Glencore's majority stake in Mopani Copper Mines in a $1.5 billion (R22.4bln) deal funded by debt, and will look for a new investor, the government said on Tuesday.