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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.

According to Veston Malango, the Chamber of Mines of Namibia’s CEO, a rush of investment last year into Namibia's mining sector provides two instructive lessons for other countries. Firstly, that it may only take one decisive act to unblock...
For almost three months, COVID-19 has devastated the healthcare systems of some of the world’s most developed countries, killing thousands of people every day since it spread from its epicentre in China in January. The virus’ 14-day incubation period...
When Zambian-born Veronica Chungu graduated from Anglia University in Essex, UK, in 1997 with a B.A. degree in Business Management and Hospitality Industry, the timing was perfect. The Zambian mining industry was in the process of being privatised. The ensuing...
by Maya Forstater (originally posted on LinkedIn) On Monday it was widely reported that an $8billion “tax scam” by an unnamed prominent mining company had been discovered. On Tuesday First Quantum Minerals (FQM) gave a short statement: "The Company unequivocally refutes this assessment which does...
Zambia’s new Government has big plans for the mining sector, with President Hichilema hoping to see the country add some 1.2 million tonnes to annual copper production within a matter of years. While current operations have potential to increase...
The findings of a May 2022 report – which takes a deep dive into First Quantum Minerals' US$1.36 billion dual expansion of Kansanshi’s operations and the bringing online of Enterprise Nickel Mine – have laid bare the potential for...
Zambia wasted no time in making a splash at last week’s Investing in African Mining Indaba, the annual four-day event at Cape Town’s International Convention Centre that brings together investors, political leaders, commodity traders, and companies across the mining...
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...
The country’s national election is just days away, but regardless of one’s politics or confidence in a party’s campaign, one thing is certain: If Zambia follows a path that leads to long-term, sustainable economic recovery, each and every citizen...
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...