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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.

Zambia wasted no time in making a splash at last week’s Investing in African Mining Indaba, the annual four-day event at Cape Town’s International Convention Centre that brings together investors, political leaders, commodity traders, and companies across the mining...
It’s been a very promising year for mining in Zambia, with the sector attracting US$3.4 billion in investment commitments, doubling the pledges made in 2022. As we reflect on 2023, Mr Sokwani Chilembo, CEO of the Zambia Chamber of Mines,...
With Zambia’s New Dawn Government’s third Budget announcement behind us, Mining For Zambia once again sat down with Michael Phiri, Tax Partner at KPMG Zambia, to ask for the tax expert’s thoughts on the 2024 Budget, what it means...
It’s been eight months since Zambia used its moment in the limelight at the 2022 Investing in African Mining Indaba to deliver the message that President Hichilema’s Administration would be prioritising policy stability and predictability in the mining sector,...
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...