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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.

It is Monday, 14th November. Midday. The budget speech was three days ago. Zambia’s new Minister of Finance, Hon. Felix Mutati, is clearly a man in demand. He has just spent the last three hours at a KPMG post-budget...
Zambia can learn from Chile about how good mining, economic and fiscal policies, implemented consistently over time, bring measurable benefits to all citizens. Chile, in South America, is the world’s largest producer of copper. However, Zambia and Chile share many...
Good governance has been the fundamental reason Botswana has realised the potential of its vast mineral resources and turned what was once a poor country into one of the world’s most successful economies, says Charles Siwawa, Chief Executive Officer...
In this article which focuses on economic development in mining towns, we look at Solwezi, home to one of Zambia’s biggest copper mines. Solwezi is in North-Western province, one of Zambia’s poorest provinces: sparsely populated, very rural and with limited infrastructure. Despite...
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...
"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...
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...
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...
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...

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