A Snapshot of Wealth in Africa

The continent of Africa contains more than 50 countries, but just five account for more than half of total wealth on the continent: South Africa, Egypt, Nigeria, Morocco, and Kenya. Despite recent setbacks in Africa’s largest economies, wealth creation has been strong in a number of areas, and total private wealth is now estimated to

The many roots of Mozambique’s deadly insurgency

New field research in Cabo Delgado sheds light on one of Africa’s least understood violent conflicts Conflict erupted in Mozambique’s northern Cabo Delgado province just a few years after some of Africa’s biggest gas reserves were discovered in the Rovuma Basin off the coast. Mozambicans see this as no coincidence. A new study by the

Regional Economic Communities: Are they Improving the Efficiency of the African Union

By Yohane Mbeeya Moono Africa is a continent of 54 countries with the Western Sahara trying to gain independence from Morocco. On this vast continent of 54 countries, there is an idea of the Regional Economic Communities that makes a lot of good sense. These Regional Economic Communities from a Diplomacy point of view should

Building More BRICS

Recent speculation that the BRICS group (Brazil, Russia, India, China and South Africa) plans to expand its membership has set tongues wagging in the diplomatic world. Rumours that Argentina could be the newest country to join have triggered questions around the viability and power of an expanded collective, and what it means for global geopolitics.

The Switzerland of Africa: New Exciting Investments Destination for Investors

By Yohane Mbeeya Moono Switzerland like Zambia is a landlocked country in the heart of Europe. Switzerland is a peaceful haven for most asylum seekers. This because the country once provided the Jews who fled from the holocaust of Adolf Hitler a safe haven. It is also home to many multinational organisations such as the

Debt Suspension to Spur Zambia to Economic Transformation

By Yohane Mbeeya Moono The period between 2011 and 2021, Zambia under the Patriotic Front led government initiated many capital projects which required heavy Moneta investments. Among them was the Link Zambia Programme which was aimed at the construction of massive road networks across the country in order to open many areas of the country

AfCFTA could boost African incomes by 9%, says World Bank report

Full implementation of the African Continental Free Trade Agreement (AfCFTA) could increase FDI by up to 159%, with positive impacts for trade and incomes. Charles Dietz Reforms set in motion by the implementation of the African Continental Free Trade Area (AfCFTA) could lead to a rise in foreign direct investment (FDI) that would boost incomes

Basic Ingredients of the Zambian Economy System

By Yohane Mbeeya Moono The first Ingredients of the Zambian economic system is its abundant natural resources. Zambia is rich in mineral resources which include among others Copper, Cobalt, Emeralds, Gold and Manganese. She is also blessed with much arable fertile farm soil, and it is blessed with a moderate climate. The country is blessed

World Bank Lower Grading not a true reflection of Economic Performance

ByYohane Mbeeya Moono In the early 2000s during the country was heavily indebted and this brought back the Highly Indebted Poor Countries (HIPC) completion point. This made the New Deal Administration to embark on an ambitious project called the Vision2030 a blueprint that spelt out how Zambia would achieve Lower Middle Income Status in 10

ZRA EXCEEDS MID-YEAR TARGET BY K2.1BN

The Zambia Revenue Authority (ZRA) has recorded an above-target revenue performance in the first half of the year 2022 after collecting a net tax outturn of K48, 307.9 million against the period target of K46, 203.9 million, thereby registering a surplus of K2, 104.0 million or 4.6 percent. ZRA Commissioner General Dingani Banda has said,