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Economic fortunes changing in Zambia and South Africa?

This week Zambians voted in tightly contested elections and, while the results have not yet been announced, one way or another it looks like fiscal policy will be tightened. Meanwhile in South Africa, activity data suggest that the manufacturing sector was struggling even before violent unrest and the further tightening of virus restrictions in July. But there were at least some positive steps taken this week to help address chronic power outages.

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