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Walking a Tight Rope to Economic Recovery “Restoring Fiscal Fitness for Sustained Inclusive Growth and Development”

A clear link was established between the 2017 National Budget speech and the medium-term Economic Recovery Programme dubbed “Zambia Plus”. The budget, in this regard, will be as a key instrument for establishing a foundation for economic recovery …

Implications of the Global Commodity Price Slump for Zambia’s Agriculture Commentary

This Regional Economic Outlook report focuses broadly on two aspects, namely the commodity price slump as well as sustainable growth and financial development. Many key insights are offered as well as broad policy recommendations. The report makes o…

Analytical Brief of the Social Sector Budget 2017 - “Leaving no one Behind "

With Zambia setting the stage for economic recovery, the National Budget of 2017 is certainly not short on measures to protect the vulnerable from the adverse effects of possible austerity under the Zambia Plus Economic Recovery Programme. With real…

Recounting the Miseries of the Poor - A Multidimensional Measurement of Poverty in Zambia

The approach of this report is multi dimensional in nature, which means it considers additional poverty indicators alongside the traditional income approach. Therefore the report highlights some of the important aspects of human needs and the exten…

High Poverty Levels in the Face of Sustainable Economic Growth in Zambia

The highlights of this report are mainly as follows: Unprecedented growth was recorded in Zambia for more than a decade after recording an average growth rate of 7.2 % per annum. Growth over this period was achieved by a combination of factors which…

Casualisation Opinion Poll Report

The purpose of the opinion poll was to inform the Government, other key stakeholders and the general public about the opinions of various Show goers regarding various issues on Casualisation. Decidedly, while the opinion poll is not representative …

Towards An Inflation Targeting Regime in Zambia

In this paper, the author seeks to discuss the conduct of monetary policy in an inflation targeting framework. The objective is to understand structural and institutional nuances in settings where this framework is successful in controlling inflatio…

A Tightening Balancing Act: Economic Implications of Zambia's Balance of Payments Performance

International trade, development and investment are primary drivers of globalization. In 2014, Zambia’s trade openness – in terms of total monetary flows on all export and import transactions combined – was estimated at 79.6% of GDP while the total …

Calming the Copperbelt Economic Storm

During the last five years, the Zambian economy has been slapped by a series of turbulent macroeconomic challenges. The most notable shocks were the steep drop in the global price of copper, Zambia’s main foreign exchange earner, severe electricity …

Labour Market Regulations and Labour Market Outcomes in Zambia: A Firms’ Perspective

This report has provided a comprehensive review of key labour laws and regulations in Zambia drawing from various pieces of legislation. The report has also revealed the perception of firms on current labour laws and regulations and how these laws…

China-Africa Trade Developments and Impacts: Case of China-Zambia Relations

This study sought to undertake a critical comparative assessment of the trade (and other underpinning socioeconomic) developments in China, Africa and Zambia, with a view to understanding their impetus as well as their consequences, both positive an…

Staying the Course of Fiscal Fitness: Analysis of the 2018 National Budget

The 2018 National Budget was delivered to the National Assembly and read on 29th September 2017, with the theme: “accelerating fiscal fitness for sustained inclusive growth, without leaving anyone behind”. In part, this essentially signals that the …

Analytical Brief on Social Sector Budget 2018: ‘A Mirage in the Social Sector budget’

As Zambia continues on its recovery path, Social Sectors spending remain cardinal to providing both increased and good quality services to its increasing population. The level of resources allocated to these sectors through the National Budget is th…

Flagship Project: More and Better Jobs

"Despite high levels of economic growth Zambia is at risk of a jobs crisis. Economic growth averaged 7.9% between 2007 and 2013, but formal sector jobs have only increased by 3.4%. Responding to this challenge is perhaps the country’s biggest priori…

A Cautionary Tale of Zambia’s International Sovereign Bond Issuances

"In recent years, Zambia has been faced with the increased need to plug huge infrastructural gaps. However, the slowing down of bilateral and multilateral financing due to austerity measures in developed economies has made the country diversify it…

Electricity Sub-Sector Industry

"This Investment brief presents a profile of the Electricity Sub-Sector Industry in Zambia. The objective of the brief is to provide quick insights on the Zambian economy and the existing investment opportunities in the electricity industry."

Manufacturing Industry

"This Investment brief presents a simplified profile of the manufacturing industry in Zambia. The objective of the brief is to provide quick insights on the Zambian economy and the existing investment opportunities in the manufacturing sector. Zambi…

Tourism Sector

"This Investment brief presents a profile of the Tourism sector in Zambia. The objective of the brief is to provide quick insights on the Zambian economy and the existing investment opportunities in the Tourism sector. In 2014, Zambia’s real economi…

A Guide to Mining Taxation in Zambia

"With some of the worst poverty statistics in Africa, Zambia appears to have little to show for a century of mining. While much work has been undertaken on mining taxation in Zambia, it has been quite technical in nature. This is out of reach of mos…

The ZIPAR Quarterly Issue 3

The cover story in this newsletter focuses on the 2013-2014 Zambia Demographic and Health Survey (ZDHS) report. The article highlights two critical reasons why the launch of the report is timely. Firstly, the Revised Sixth National Development Plan …

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