Zambian Foreign Minister Resigns Amid Video Controversy Over Alleged Chinese Business Dealings
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Zambia's Foreign Minister Stanley Kakubo resigned Tuesday amid a social media frenzy over alleged dealings with a Chinese businessman.
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A video showed people counting stacks of cash on a table, along with a signed note naming a Chinese and Zambian mining firm in an alleged $100,000 exchange.
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President Hichilema accepted Kakubo's resignation but acknowledged his commendable work in government.
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Kakubo said he resigned to ensure the government is not distracted from improving people's lives.
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Over 600 Chinese businesses have invested $3+ billion in Zambia, and China has aided in restructuring Zambia's foreign debt.