Michael Sata, known as "King Cobra", elected on a campaign promise to share the wealth of the copper mines as enough
Michael Sata, who worked as a sweeper of the platform of Victoria Station in London, the station was sworn in as president of Zambia, on Friday after poll upset win that gave way to a smooth power output in Africa's largest producer of copper higher.
Victoria
Sata was in the back of voters looking for change in a country that saw its economy grow, but they felt the richness of its mines had not made its way to people or create enough jobs.
Sata, nicknamed "King Cobra" for his sharp tongue, said foreign mining companies for their investments were safe, but warned that it is necessary to improve the conditions of its workforce in Zambia.
"Foreign investment is important for Zambia and we will continue working with foreign investors are welcome in the country ... but it is necessary to comply with labor laws, "Sata said after his victory over former leader, Rupiah Banda.
Zambia has held since early Friday after Sata was declared the winner and capital painted in green and white colors of his party the Patriotic Front.
"We must not allow violence to separate us. The gap between rich and poor is growing and we need to address this issue. I stand by the promise of changing Zambia within 90 days, "said Sata, promising to reduce the size of government and combat corruption.
In a continent where leaders are reluctant to relinquish power, the current band Rupee tears conceded defeat, saying the people have spoken. His Movement for Multiparty Democracy (MMD) party led Zambia to one-party rule ended in 1991.
"This is not a time of violence and revenge. It is now time to unite and build Zambia tomorrow," he told a news conference.
Election MonitorsEuropean Union and the regional grouping SADC said the vote free and fair, although the process was marred by violence after protests triggered by the slow release of results.
- Analysts said Sata could review contracts with foreign companies affected by the administration of Banda, and could alter the regulation of mining, trade and banking.
Sata told Reuters last week that have strong trade and diplomatic ties with China and not to introduce a windfall tax on minerals, but it implies that it may impose some form of control capital to keep the money in the country.
Chief Justice Ernest Sakala declared the winner after receiving 1,150,045 votes against 961,796 in Banda with 95.3 percent of the precincts counted.
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