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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.

In 1963, Kwame Nkrumah, the first President of Ghana, and one of Africa’s leading lights in the fight against colonialism, lamented the fact that African countries did not trade with each other, but rather sold raw materials to the...
The Zambia Chamber of Mines has released a report on the impact of the Government’s proposed Sales Tax. In case you haven’t had time to read it, here are the key take-aways: The research illustrates that many Zambian mining...
Copper prices reached a seven-year peak on 1 December 2020, hitting $7,719 per metric tonne amid renewed demand, attributed to factors including China’s economic rebound, and a growing appetite globally for copper-intensive clean energy technology and Electric Vehicles.  When mining...
What does a mining investor look like? Is it a powerful, cigar-chomping businessman in a power suit sitting in a corner office in New York? Or is it more likely to be an ordinary working or retired person; somebody...
Zambia’s finance minister, Honourable Margaret Mwanakatwe, opened her maiden budget speech on 28 September 2018 by recognising that Zambia has a major poverty challenge. While economic growth has been rapid in recent years, it has not been inclusive enough...
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...
For an economy to thrive, goods must be transported easily and cheaply in and out of a country. Just as veins and arteries carry blood and oxygen around your body to keep it alive, road and rail infrastructure carry...
A worrying development emerged last week at this year’s ZIMEC conference in Lusaka, which, if not addressed, could well result in the failure of Zambia’s plans for diversification. Mukula Makasa, Director of Enterprise Development at the Zambia Development Agency, told...
In September 2017, the Economics Association of Zambia called on the Zambian government to create a mineral stabilisation fund to help the country weather economic downturns. When copper prices are high, a portion of Zambia’s mining revenues would be invested...
Ten years ago, Solwezi was a remote, rural outpost that few people wanted to visit. Today, it is a major mining town that lies at the heart of Zambia’s largest copper-producing region. See this fascinating transformation through the eyes...

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