Here’s a conversation from the Zambian Economist’s Facebook page that I took part in last year.
Over the last week, we have seen the Zambian Government set a dangerous precedent in relation to the care and management of our country’s National Parks. Through the Minister of Lands Mr Harry Kalaba, Zambezi Resources Limited (ZRL), an Australian Stock Exchange-listed company, has been granted permission to mine for copper in the middle of […]
From: ‘No Mining in Lower Zambezi National Park’ Facebook group To: His Excellency Michael Chilufya Sata, President of the Republic of Zambia Petition: Stop ALL mining activity in the Lower Zambezi National Park, Zambia. Dear Mr President, As you are aware, the Minister of Lands Hon. Harry Kalaba has given Zambezi Resources Limited of Australia permission […]
If Zambians needed any further evidence that the Patriotic Front government is taking more than just a leaf from the Kenneth Kaunda school of thought, then here it is. It has recently announced that it is looking to resurrect the Industrial Development Corporation (INDECO), a defunct state-owned conglomerate
‘Few economists, if ever, can be happy with a deficit 8.5% of GDP. I consider this [2013 projected] deficit excessive for the following reasons: 1. It is way above the average deficits Zambia has run in the past decade or so – about 3.5% of GDP. The last time we ran a budget deficit of […]
Finance Minister Alexander Chikwanda presented his 2014 Budget Speech to Parliament last week. The Zambian Economist commented afterwards: “The public-wage bill will account for 53% of government revenue in 2014. The definition of government spending out of control. How can we develop as a country with this sort of economic folly?” Fiscal indiscipline has gotten us into […]