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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.

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...
In countries ranging from Zambia and Ghana to South Africa and Tanzania, poorly thought-out mining policies that lack certainty and consistency are hampering the search for new mining investment, and cast a shadow over the continent’s longer-term economic growth. This...
The greatest contribution of mining to society is in the local economy – in terms of broad job creation, new business opportunities and increased disposable income filtering through the population.The mining industry can be the catalyst for broader economic...
With load-shedding still a reality for Zambians, and national electricity consumption continuing to rise, it has never been more urgent to reform the country’s energy sector for a sustainable future. “Any nation that wants to grow its economy and improve...
"You've lost your hair," says John Kasanga, respected Lusaka businessman and economic consultant. "And you've put on weight," I retort. We greet each other warmly. It's been 40 years since we last saw each other, when we were still students at...

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