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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 global consensus, on display at last month’s World Copper Conference, is that copper will play a vital part in the coming ‘fourth industrial revolution’. Other mining jurisdictions are preparing for the massive increase in demand that is anticipated....
C opper is one of Zambia’s most important exports and, in many ways, the lifeblood of our economy. Zambia is not alone in this, however. There are many countries in the world where copper is an important export and contributes...
Zambia imposes a Concentrate Import Tax (CIT) New Year’s Day was no party for copper smelters in Zambia. The government has implemented a duty on imported copper concentrates that it had first announced in the national budget speech in September...
Does raising the tax rate actually deliver more taxes? What is the ‘right’ rate? Mining taxes are in the news again. Read this report, and be the expert around the family table this Christmas.
The 2018 Mopani Copper Mines COSAFA Under-20 Championships kicked off at Kitwe’s Nkana Stadium on Sunday 2 December, with a thrilling opening match between Lesotho and Angola that ended 1-1. The second match of the day in this exciting...
A major criticism of the extractive industries in developing countries is that they leave a hole in the ground and not much else. In a nutshell, the argument goes, the lucrative minerals beneath the soil generate significant wealth for...
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...
Depending on which side of the fence one sits, mining is either a massive contributor to employment and economic growth, or it is not contributing enough and needs to be reformed. This difference was of opinion was evident right at...
Zambia is often referred to as a landlocked country. In terms of trade, this has always been seen as a weakness because the cost of international trade rises with no direct access to the sea. However, one of the messages...
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...

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