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Economic Contribution

The economy of contribution takes place, in the manner of a general economy, alongside the market, public and gift economies: Through regulation by prices, public decision making and by the principle of reciprocity, the economy of contribution replaces regulation by the interactions of participation (both quantitative and qualitative) within an activity.

A two-man team from Chile’s mining industry visited Zambia recently and met with the Chamber of Mines, the Presidency, the Zambia Revenue Authority’s Mineral Value Chain Monitoring Project, and ZCCM-IH. What lessons can Zambia learn from Chile, the world’s...
African governments and their mining industries can achieve their respective objectives if they work together in a spirit of partnership that emphasises long-term growth over short-term gains. That was the message delivered by Mark Bristow, CEO of Randgold Resources, at...
In September 2017, the Economics Association of Zambia called on the Zambian government to create a mineral stabilisation fund to help the country weather economic downturns. When copper prices are high, a portion of Zambia’s mining revenues would be invested...
Solwezi has a unique attraction for anyone looking to build shops there – the presence in the region of three major copper mines, whose 18 000-plus employees and contractors collectively release millions of dollars of disposable income into the...
When Zambian-born Veronica Chungu graduated from Anglia University in Essex, UK, in 1997 with a B.A. degree in Business Management and Hospitality Industry, the timing was perfect. The Zambian mining industry was in the process of being privatised. The ensuing...
Watch out, Democratic Republic of Congo (DRC) – we’re catching up and will soon regain our top spot as Africa’s leading copper producer. That was the sentiment expressed by Mines and Minerals Minister, Chris Yaluma, during an exclusive interview with...
The announcement earlier this month of a proposed 75% increase in ZESCO’s electricity prices has prompted a number of critical reactions. They include criticism from the African Consumers Union and the Millers Association of Zambia, with the latter arguing that...
How much copper does Zambia produce every year? It’s a straightforward question, yet until very recently, one might get several different answers, depending on which government department or agency one asked. “You’d get contrasting sets of figures, sometimes varying by...
ZESCO United’s Jesse Were and David ‘Calabar’ Owino are top quality football players. Both also happen to be Kenyan; they are just two of the six foreign players in ZESCO United’s 30-man squad. Football teams and their management are judged by their...
Zambia is one of many mining countries that does not score well on governance. This compromises new mining investment, hampers efficient collection of taxes and reduces the overall contribution of mining to the economy. That’s according to the third edition...

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