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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.

The COVID-19 pandemic may have slowed or changed many aspects of the world as we know it, but the demand for copper that is being driven by clean energy isn't one of them. A greener, sustainable planet is as...
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...
'To my grandmother it was a miracle.’ This is what the late Swedish academic, Hans Rosling, said when he gave a talk on one of the 20th century’s greatest inventions. What was he talking about, do you think? A...
Zambia is currently ranked as the world’s 30th most attractive mining destination in the world. This is according to the latest rankings from the Fraser Institute, a Canadian think tank, which looks at various aspect of economic freedom. One...
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”....
An interesting interview in which Proflight’s chief pilot, Gerald Tembo, tells the story of how he fell in love with flying as a child, why his favourite plane is the Boeing 777 and how Proflight’s traffic to N.W. Province...
With the promise of a review of mining tax policies, there is a sense in the international mining world that Zambia may be back in the running as a viable investment destination. First Quantum Minerals (FQM) has announced record...
The aftermath of the annual budget speech in Zambia is hardly the most thrilling of events; but this time around, at the annual KPMG-hosted budget debriefing in Lusaka at the Intercontinental Hotel, there was a distinct sense of something...
In this second interview with Veston Malango, the Copperbelt-raised CEO of Namibia’s Chamber of Mines ventures into the debate on ‘local content’ in the mining supply chain. Drawing upon his own experiences, he again illustrates how a collaborative approach...
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...