COMPANY COMMENT
Zambia shoots itself in the foot as hard-nosed Glencore cuts and runs
Political opportunism forces miner to ditch assets for a dollar and the repayment of $1.5bn of debt
20 January 2021 - 19:23
How bad must a country be for a company with the reputation and size of Glencore to walk away from assets for a single dollar in cash and the repayment of $1.5bn (R22.2bn) of debt?
The answer is: as bad as Zambia...
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