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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’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...
Each year, the Africa Risk-Reward Index compiled by Control Risks, the renowned global risk consultancy, shows us where the country stands in terms of the rewards it offers prospective investors. This year, Zambia is at the very bottom of...
In his speech delivered last week at the opening of the current sitting of Parliament, Zambia’s President, His Excellency Edgar Chagwa Lungu, set out very clearly that delivering an economic recovery “is the number one goal of my Government”....
In his recently delivered speech at the official opening of Parliament, H.E. President Edgar Lungu stated that pursuing an economic recovery is the priority of his Government. There is therefore more anticipation than ever ahead of the 2021 National...
The question of how Zambia’s already weakened economy can survive the mounting fiscal pressure – exacerbated by COVID-19 – was recently examined in The Road to Recovery: A policy brief for a post-COVID Zambian economy, released by the Zambia...
How will Zambia’s already weakened economy survive the mounting fiscal pressures of COVID-19? This is the central question tackled by a report presented by the Zambia Chamber of Mines on 23 July in Lusaka. The free-to-download report, The Road to...
‘Value addition’ is a longstanding aspiration within Zambia’s mining sector that isn’t always straightforward to implement. Kansanshi Mining Plc’s Corporate Social Responsibility Manager, Bruce Lewis, came up with an idea for adding value to Zambia’s copper several years ago...
The coronavirus has presented Zambia with several immediate and foreseeable health-related and economic challenges, but North-Western Province’s largest mines have wasted no time in responding. Both Barrick Lumwana and First Quantum Minerals (‘FQM Zambia’) have pledged significant funds and...
For almost three months, COVID-19 has devastated the healthcare systems of some of the world’s most developed countries, killing thousands of people every day since it spread from its epicentre in China in January. The virus’ 14-day incubation period...

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