Blog entries from: Zambian Economist

A non-partisan website that provides independent economic perspectives on Zambia's progress towards meaningful development for her people.

1 to 10 of 120

July 30 2014

From Zambian Economist Wed Jul 30 2014, 13:30:00

A confused picture is emerging on Zambia's mining taxation policy. Mines Minister Christopher Yaluma recently said ., "It is our responsibility and obligation to ensure that we provide an enabling environment for the mines to sustain their operations in the country. We are looking at revisiting the tax regime. Anytime from now we are going to make known [the changes] after cabinet approval."

That statement was made on 28 June 2014. It was interpreted by many, including mining companies, as suggesting that mining taxes were going to be reduced. This was because Yaluma's statement came shortly after FQM announced that it would hold back from investing $1 billion in Zambia. 

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July 28 2014

From Zambian Economist Mon Jul 28 2014, 16:52:00

Editor's note : An important article on the ongoing attack on press freedom in Zambia by Bruce Chooma. Media freedom is important because as Nobel Laureate Amartya Sen reminds us "development is freedom". The work of journalists is becoming increasingly difficult in Zambia due to growing intolerance by the state to independent media and a rise in cases of harassment of journalists. A recent report by Freedom House, a US based human rights organisation showed that in 2013, Zambia fell 21 places from 72 to 93 out of 180 and landed in the category of states that are classified as "not free". 

The Southern African Editors Forum (SAEF) recently joined many other organisations in raising alarm at the deteriorating state of press freedoms in Zambia. In their statement to the media the ...

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July 25 2014

From Zambian Economist Fri Jul 25 2014, 12:37:00

Editor's note:  A very helpful response from ZIPAR on some of the questions that the were raised by Zambian Economist readers on Facebook and Twitter pages. You can also follow the discussion to the article below via Facebook.

CDF reform should begin with guaranteeing a fairer distribution of resources across Zambia- before embarking on more comprehensive reform.

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From Zambian Economist Fri Jul 25 2014, 04:13:00

A while back we asked for ideas on how Zambia can cut wasteful spending. The need to cut down on bye-elections and reduce on infrastructure spending are known. We wanted to identify simple ideas that are often missed. Here are some of the ideas that you came up with.

1# - Reduce the size of cabinet to no more than 12 with each ministry having only one supporting junior minister and one permanent secretary who runs the ministry. All provincial deputy ministries should be scrapped.

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July 22 2014

From Zambian Economist Tue Jul 22 2014, 19:05:00

Editor's note: An helpful article from Tamara Billima-Mulenga (ZIPAR) on the Constituency Development Fund (CDF). It does not address the fundamental problems, nsmely CDF corrupts the proper functions of MPs; encourages corruption and mismanagement; and, is a poor attempt at "fiscal decentralisation". But the paper is helpful in contributing to the debate in this area. We need more such discussions to ensure public money is being properly utilised. 

As the Ministry of Finance commences the preparation of the 2015 National budget, it is worth asking how the government allocates spending across the different programmes it funds. These decisions are often based on existing historic allocations and developmental plans. It is, however, rare for the government to base spending decisions on ...

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July 21 2014

From Zambian Economist Mon Jul 21 2014, 18:30:00

Earlier this year we asked for ideas on reducing road traffic accidents on our very active Facebook page. Its taken a while to sort through the many detailed comments. Here are the best 13 ideas you came up with.  The ideas are over and above basic existing initiatives being undertaken by GRZ such as building more roads, more dual carriageways, increased road maintenance and mode switch. And of course all the ideas would require a proper cost benefit analysis before taking them forward.

1# - Introduce restrictions on where drivers can drive depending on existing experience e.g. those with less than one year driving experience could be banned from driving on intercity roads.

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July 19 2014

From Zambian Economist Sat Jul 19 2014, 18:23:00

On 3rd January 2011, PF President Michael Sata wrote to President Banda following his wife's treatment in South Africa arranged by the Zambian government. He expressed "profound gratitude" to President Banda for "the consideration, compassion and care extended to [Christine Kaseba] during the period of her illness and stay at Milpark Hospital". Mr Sata was particularly "pleased to see that [Christine Kaseba's] life was saved due to the government's prompt action to evacuate her".

The action by President Banda to evacuate Christine Kaseba clearly created difficulties for Mr Sata because it meant Mr & Mrs Sata owed their lives to two separate taxpayer funded evacuations at expensive hospitals in South Africa. All down to the MMD government's policy of foreign evacuations for the political ...

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July 11 2014

From Zambian Economist Fri Jul 11 2014, 12:31:00

Editor's note: the article below is from  the recent Parliamentary Committee on Estimates report (July 2014) which covers wide range of areas. We have extracted the article on fiscal decentralisation for ease of access. Some minor edits have been made for ease of reading. 

The revised Decentralisation Policy was launched by His Excellency the President, Mr Michael Chilufya Sata on 16th June, 2013. Fiscal Decentralisation is part of the broader framework of the revised Decentralisation Policy. It entails the devolution of some budgetary powers to the local authorities.

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July 10 2014

From Zambian Economist Thu Jul 10 2014, 03:11:00

A telling quote from a recent article on how mispricing and the opacity of commodities trading in Switzerland is contributing to Africa's underdevelopment :

Switzerland is a global hub for trade in commodities, and so exerts a significant influence on Africa's development. But critics say the way commodities are traded through the country is shrouded in opacity and this ultimately deprives developing regions such as Africa of revenue....

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July 9 2014

From Zambian Economist Wed Jul 9 2014, 02:14:00

Editor's note:  This article by His Royal Highness Chitimukulu of the Bemba people ("Henry Kanyanta Sosala") provides important reflections on tribe, tribalism and culture. The article is reproduced from Lusaka Times.

Preamble

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