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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.

Becoming a key supplier of copper for the green energy revolution may be Zambia’s Government’s most ambitious goal. If achieved, the gains would be profound and far-reaching. First Quantum Minerals’ $1.25 billion investment in extending the life of Kansanshi...
Since ZCCM-IH announced its decision to take a share of Kansanshi’s quarterly revenues in lieu of dividend payments, there’s been no shortage of uncertainty about what this really means. Confusing media reports haven’t helped, and often the truth gets...
ZCCM-IH's recently announced decision to move from a dividend model to a revenue-sharing model has been both praised and criticised in the media but, concerningly, the rationale and details appear to be widely misunderstood. Mining For Zambia asked renowned...
The state-owned mining investment company ZCCM-IH recently announced its decision to convert its right to dividend payments from its stake in Kansanshi Mining Plc to a revenue-sharing agreement, under which the company will receive a percentage of all mineral...
Anyone who has visited Kalumbila will have felt the buzz of opportunity that permeates into every corner of the town, from bustling marketplaces to sports grounds and illuminated streets. Here, fledgling businesses provide goods and services to a growing...
There is no shortage of commentary in national media which characterises the mining tax reforms that are underway as “tax holidays” or “tax breaks”. This implies that Zambia's mining companies are being excused from paying tax, or that these...
in Part 2 of this exclusive interview, Mr Michael Phiri, Tax Partner at KPMG Zambia, zooms in on mining’s financial contribution – in the past, present and future. The Zambia Revenue Authority (ZRA) recently revealed that 41.8% of Government’s tax...
The dust has now settled since the announcement of the 2023 National Budget, during which the Minister of Finance set out the Government’s plan to revive Zambia’s economy. In this, the first in a series of exclusive interviews with...
Government set out its plan to revive Zambia’s economy during last week’s Public Symposium on the 2023 National Budget, held on Monday 3 October 2022. Mining For Zambia shares the key takeaways. Having secured an IMF-supported program in September 2022...
Kalumbila Town was designated a Multi-Facility Economic Zone (MFEZ) on 16 September 2022, in order to fast-track economic development in North-Western Province. Naturally, Zambians will want to understand who will benefit from this decision. Mining For Zambia asked the...

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