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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.

Good governance has been the fundamental reason Botswana has realised the potential of its vast mineral resources and turned what was once a poor country into one of the world’s most successful economies, says Charles Siwawa, Chief Executive Officer...
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...
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...
As is tradition, ahead of the annual Budget announcement by the Minister of Finance, Mining For Zambia spoke to celebrated Zambian economist, Professor Oliver Saasa, to ask him about the measures we might expect to see introduced in order...
Enthusiasm was palpable during Friday’s reading of Zambia’s 2022 Budget by Minister of Finance, Hon. Mr. Situmbeko Musokotwane, who announced a wide range of intended measures to grow the economy and reign in overspending, several of which were met...
After decades of combined experience in Government and on the ground in the mining industry, Dr. Godwin Beene's appointment as President of the Chamber of Mines holds much promise. Mining For Zambia spoke to Dr. Beene to understand what it would...
In the two weeks following Finance Minister Hon. Bwalya Ng’andu’s 2021 National Budget proposal, much debate has centred on exactly how Zambia will achieve an economic recovery. With bondholders rejecting a debt repayment suspension deal, and talks with the...
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...
Copper accounts for most of Zambia’s exports, most of its foreign exchange, most of its foreign direct investment and a significant slice of government tax revenue. Entire towns on the Copperbelt and North-Western province owe their existence to the presence...
With Zambia’s New Dawn Government’s third Budget announcement behind us, Mining For Zambia once again sat down with Michael Phiri, Tax Partner at KPMG Zambia, to ask for the tax expert’s thoughts on the 2024 Budget, what it means...