DRC / Zambia / Respective review of mining contracts: F. Tshisekedi and Hakainde Hichilema, two “Game-changers” for investors in the sector

The Democratic Republic of Congo and Zambia are two border countries which are going through a similar economic situation in connection with their mineral wealth, most of which has been ceded to Chinese companies. Felix Tshisekedi for the DRC, three years after coming to power, ordered since last July the re-visitation of mining contracts, most of which were signed with Chinese companies. Likewise for his newly elected Zambian counterpart, Hakainde Hichilema, who just declared on Friday, September 10, that his new government would implement policies to reduce the budget deficit,…

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Viral Sex Video Gets Zambia’s Education Minister Fired

David Mabumba

Hon David Mabumba, has served within Zambia’s Cabinet of Ministers since 2016, but was recently caught in quite an unusual setting. Zambia’s Minister of Education Hon David Mabumba has been fired, according to a statement from the country’s president President Lungu, after a sex clip of a man strongly resembling the official was leaked online. Mabumba, 49, was released from his post “with immediate effect”, the president noted, without providing specific reasons for his decision. But the announcement took place shortly after a video featuring someone looking very much like…

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