South Africa's main
export terminals will be closed to mineral exports from midnight
on Thursday when a nationwide 21-day lockdown over coronavirus
begins, disrupting copper supply chains linking major producer
Zambia to Asian consumers.
In the aftermath of Lebanon's
sovereign debt default and with the global economy reeling from
its biggest shock in more than a decade, emerging market
investors are honing in on other potential weak links from Oman
Zambia's mining investment arm
ZCCM-IH has started buying gold from artisanal and small-scale
miners in a bid to formalise the unregulated sector whose ranks
have swelled worldwide as gold prices soar, it said on Friday.
More than 50 people in Zambia have been killed in mob violence in response to a spate of poision spray attacks, President Edgar Lungu said on Friday, blaming church leaders for encouraging some of the reprisals.
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