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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.

In this second interview with Veston Malango, the Copperbelt-raised CEO of Namibia’s Chamber of Mines ventures into the debate on ‘local content’ in the mining supply chain. Drawing upon his own experiences, he again illustrates how a collaborative approach...
According to Veston Malango, the Chamber of Mines of Namibia’s CEO, a rush of investment last year into Namibia's mining sector provides two instructive lessons for other countries. Firstly, that it may only take one decisive act to unblock...
Many of Kalumbila’s residents may find it difficult to remember a time when the well-planned town they live in ceased to exist. Yet, a little more than ten years ago, before construction of First Quantum Minerals’ Sentinel Copper Mines...
Copper prices reached a seven-year peak on 1 December 2020, hitting $7,719 per metric tonne amid renewed demand, attributed to factors including China’s economic rebound, and a growing appetite globally for copper-intensive clean energy technology and Electric Vehicles.  When mining...
When a mining company that is still engaged in the early stages of an exploration venture in Northwestern Province initiates a project to benefit communities in the area where it hopes to do business, this shows real commitment to...
The COVID-19 pandemic may have slowed or changed many aspects of the world as we know it, but the demand for copper that is being driven by clean energy isn't one of them. A greener, sustainable planet is as...
Following on from our Experts’ Round-Up, in which we asked the country's financial brains whether our economy is on the road to recovery, Mining For Zambia revisits the question on every Zambian’s mind: Can the mining sector be the...
Mopani Copper Mines has been in the news a fair bit recently. If you look beyond the headlines, you’ll discover that the Copperbelt-based miner joined the fight against COVID-19 early on, and is among the most proactive companies in...
Zambia’s “lack of fiscal flexibility” will greatly affect its long-term ability to recover from a COVID-19-induced economic fallout, according to new data from the Africa Risk-Reward Index, compiled by Control Risks, the renowned global risk consultancy. The more “fiscal...
In the two weeks following Finance Minister Hon. Bwalya Ng’andu’s 2021 National Budget proposal, much debate has centred on exactly how Zambia will achieve an economic recovery. With bondholders rejecting a debt repayment suspension deal, and talks with the...

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