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The World Economic Outlook for 2023

By Yohane Mbeeya Moono An Alumni of the Zambia Institute of Diplomacy and International Studies The Zambian Minister of Finance and National Planning on 30th September, 2022 presented the country‚Äôs National Budget for the year 2023. A number of interesting economic pronouncements were made in the National Budget. Among them is the projected real GrossContinue reading “The World Economic Outlook for 2023”

2023 for Socio-Economic Transformation

By Yohane Mbeeya Moono On 9th September, 2022, President Hakainde Hichilema during the opening of the Second Session of the Thirteenth National Assembly addressed the house under the theme “WORKING TOGETHER TOWARDS SOCIO-ECONOMIC TRANSFORMATION: STIMULATING ECONOMIC GROWTH FOR IMPROVED LIVELIHOODS.” The address gave intent of the policies that Government is set to undertake in theContinue reading “2023 for Socio-Economic Transformation”

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 blessedContinue reading “Basic Ingredients of the Zambian Economy System”

The Five Richest Countries in Africa for 2021

A trivia compilation by Rev Walter Mwambazi Here are the five richest countries in Africa according to GDP-PPP from bottom up for 2021 #5. Gabon $16,559*#4. Botswana $17,163*#3. Equatorial Guinea $18,698*#2. Mauritius $22,311*#1. Seychelles $28,060* As can be seen, Seychelles has more than double the earning capacity and wealth than South Africa factoring in theContinue reading “The Five Richest Countries in Africa for 2021”

WHY SHOULD ANGOLA IMPORT CHICKEN FROM BRAZIL WHEN NEXT DOOR ZAMBIA IS STRUGGLING TO SELL? HOW DO WE CHANGE THIS?

By Alexander Nkosi In Zambia, about 42 million hectares is classified as medium-to high-potential land for agriculture production, three times bigger than Malawi’s agriculture land. In 2020, Malawi’s top exports included: Raw Tobacco- USD 584 million, Tea- USD83.4 million, Raw Sugar- USD75.2 million, Dried Legumes- USD46 million, and Other Nuts- USD33 million. In the sameContinue reading “WHY SHOULD ANGOLA IMPORT CHICKEN FROM BRAZIL WHEN NEXT DOOR ZAMBIA IS STRUGGLING TO SELL? HOW DO WE CHANGE THIS?”

Private Sector Driven Economy

By Yohane Mbeeya Moono Development has the rhetoric term that has been the loudest spoken over the course of the time the country attained her independence. The government has always indicated that it is in the hurry to develop the country. Against this background, the government being the chief policy maker can be apportioned someContinue reading “Private Sector Driven Economy”

A 24- Hour Economy: a Key to Economic Transformation

By John Moono It must be noted that March 2020 remains the darkest month in the economy of the world. The events of this month were quite catastrophic as the World was not ready for an emergency economic shock. The World was completely closed and business came to a standstill as the world grappled withContinue reading “A 24- Hour Economy: a Key to Economic Transformation”

The AFRICA CONTINENTAL FREE TRADE AREA

By Moono John Africa has for long time now flirted with the idea of Pan-Africanism which is aimed at uniting All people of the African continent and African descent all over the world. The idea was carried forth by the freedom fighters which resulted in the formation of the Organization for African Unity and laterContinue reading “The AFRICA CONTINENTAL FREE TRADE AREA”

TRANSPORT and the AfCFTA

By Moono John As of Monday 28 December, 2020, the population of Africa stood at 1,356,137, 670 people according to the United Nations estimates. This figure of the population will require a better mode of movement from country to country in the quest for trade and business opportunities. The continental free trade area agreement thatContinue reading “TRANSPORT and the AfCFTA”

Zambia’s Regional Strategic Positioning: Key to becoming an Economic Hub of Southern Africa

By John Moono On Monday 10 May, 2021, the country saw the commissioning of the Kazungula Bridge on the Zambezi river linking Zambia and Botswana. Kazungula Bridge is the quadruple point in the world where Zambia, Botswana, Zimbabwe and Namibia. The message on the commissioning of the Bridge all five Heads of States to haveContinue reading “Zambia’s Regional Strategic Positioning: Key to becoming an Economic Hub of Southern Africa”