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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.

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...
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...
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...
African governments and their mining industries can achieve their respective objectives if they work together in a spirit of partnership that emphasises long-term growth over short-term gains. That was the message delivered by Mark Bristow, CEO of Randgold Resources, at...
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...
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...
What does a mining investor look like? Is it a powerful, cigar-chomping businessman in a power suit sitting in a corner office in New York? Or is it more likely to be an ordinary working or retired person; somebody...
In September 2017, the Economics Association of Zambia called on the Zambian government to create a mineral stabilisation fund to help the country weather economic downturns. When copper prices are high, a portion of Zambia’s mining revenues would be invested...
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...
Since ZCCM-IH announced its decision to take a share of Kansanshi’s quarterly revenues in lieu of dividend payments, there’s been no shortage of uncertainty about what this really means. Confusing media reports haven’t helped, and often the truth gets...