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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 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...
For a place that was referred to as a “ghost town” not so long ago, and has known more ups and downs than a rollercoaster, the Copperbelt mining town of Luanshya seems to be doing pretty well. Shoprite, Zambia’s leading...
When it comes to developing a more investor-friendly mining policy, Zambia doesn’t always have to look to countries like Chile for inspiration; there’s an equally good example right on its doorstep – Botswana. Mining policy in Botswana is predictable, competitive...
How much copper does Zambia produce every year? It’s a straightforward question, yet until very recently, one might get several different answers, depending on which government department or agency one asked. “You’d get contrasting sets of figures, sometimes varying by...
A new analysis of mining in Zambia for the past 100 years shows a clear historical link between levels of mining investment and wider economic development. This is the key conclusion of a paper, Copper Mining in Zambia – history...
The best time to measure the overall contribution of a mine to society is when it is about to close, and Chibuluma Mine on the Copperbelt is an ideal case-study. Chibuluma was one of the first Zambian mines privatised in...
Few would disagree that Zambia needs to find sustainable, innovative ways of generating more electricity for both domestic and industrial users, and that this is arguably the most urgent task facing the country. However, what is often less understood is...
At a time when Zambia, and many other countries, are trying to maximise tax revenue from big foreign companies, Ireland is doing the exact opposite. Ireland, a member of the European Union (EU), was ordered by the European Commission to...
What are the main factors Zambia needs to address to make the country an attractive mining destination, unleash billions of dollars of foreign investment and create a stronger economy? The question featured prominently in the Zambia International Energy Conference and...
In 1999, at the time of privatisation of Zambia’s previously nationalised copper-mining industry, tax revenue from the industry was barely K22 million. By 2010, just over a decade later, it had shot up to more than K8 billion. That means...