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Understanding youth labour demand constraints in Zambia: The mining, manufacturing and construction sectors

"Zambia is among many developing countries struggling to create adequate employment opportunities for its people, especially in the formal economy. There is high youth unemployment, especially in urban areas where it has surged to 40.4% for female...

Eurobonds Repayment: Limiting the Risk of Default

"In recent years, the Zambian economy has been growing strongly and the country has increasingly been faced with the need to plug huge infrastructural gaps. However, the slowing down of bilateral and multilateral financing due to austerity measure...

Used Motor Vehicle Imports and the Impact on Transportation in Zambia

"In May, 2014, then Transport, Works, Supply and Communications Minister Christopher Yaluma, announced that Government would not limit the age of motor vehicles imported into Zambia. This was in response to concerns voiced by some stakeholders in ...

Second-Hand Motor Vehicle Imports in Zambia: Juicing from lemons?

"The sustained positive growth of the Zambian economy has resulted in many shifts in consumption patterns of Zambian households. One notable change is the increased consumption of consumer durables, particularly motor vehicles. Motor vehicle owne...

What do the COMESA Customs Union and COMESA-EAC-SADC Tripartite Free Trade Area mean for Zambia’s import trade and trade tax revenue?

"Zambia has participated actively in the Common Market for Eastern and Southern Africa (COMESA) and Southern African Development Community (SADC) regional integration programmes. Within SADC it is now reportedly a full participant in the SADC Free...

Promoting job-rich urbanisation in Zambia

"Despite the country’s robust economic growth, evidence shows that its urban labor markets are not creating enough of the kinds of jobs that will propel inclusive growth and maximize Zambia’s “demographic dividend.” Real wages declined between 201...

In the eye of a storm: "The impact of the economic slowdown on the labour market in promoting job-rich urbanisation in Zambia"

"At that point, with the Zambian economy having experienced impressive growth rates over a long period of time, the central question was how to ensure job rich growth. Soon after the project’s launch however, the Zambian economy took a turn for th...

Unexploited potential: A critical review of policies supporting the self-employed in Zambia

"The employment challenge – creating more jobs and improving the quality of existing jobs – is one of Zambia’s biggest. Over the past decade Zambia has recorded unprecedented economic growth rates, but this has not translated into significant job ...

Mining Sector

"This Investment Brief presents a profile of the Mining sector in Zambia which is defined as mining activities covering all minerals in Zambia. The objective of the brief is to provide quick insights on the mining sector, the existing investment o...

Zambia’s Employment Challenge

"Employment is the red thread throughout this issue in particular the ZIPAR Flagship project on “More and Better Jobs”. The issue highlights Zambia’s jobs’ challenge, how ZIPAR will help the Government respond to the scale of the challenge by draw...

Financing the Economic Stabilization and Growth Programme (Zambia Plus) in the Shadow of the IMF

This policy paper was prompted by a protracted deliberation between the Zambian Government and the International Monetary Fund (IMF) regarding a Fund-supported economic programme. The Zambian authorities began contemplating an IMF “bailout packa...

Economic Distress and the Inevitability of an Economic Recovery Programme

This policy insights paper explains why the economic recovery programme dubbed Zambia Plus will be absolutely essential for Zambia from 2017 onward. The paper highlights the scale of the challenge of Zambia’s 2015/2016 economic downturn, which nec...

Are Interest Payments on Debt Derailing Fiscal Consolidation?

This policy brief provides a review of the performance of the first quarter of the 2018 National Budget. The paper provides context by looking at both the revenue and expenditure trends during the last three years when Government instituted some f...

Analytical Brief of the 2019 Social Sector Budget: 'A Call for Fairness and Elimination of Wastage'

The 2019 National Budget comes at a time when the Government is facing fiscal constraints. Nevertheless, the Government will still have to deliver essential social services to its population to build on progress made in the past in order to safegu...

Reversing Zambia’s High Risk of Debt Distress

With about a year into implementation of the 2017 to 2019 Medium Term Debt Strategy, this paper gives a synopsis of the strategy. It delves into each of the pillars of the strategy and analyses the pros and cons of each and assesses whether the p...

Taking the Road less Travelled: In Pursuit of Fiscal Consolidation- “Delivering Fiscal Consolidation for Sustainable and Inclusive Growth”

For the fourth year in a row, Zambia’s Budget in 2019 will focus on fiscal consolidation. Clearly, the country’s approaches to fiscal management over the past few years did not deliver the desired fiscal outcomes. Most likely, this is because some...

In Search of Zambia’s ‘Hidden’ Public Debt

There is a growing concern from a number of analysts who believe that the true level of public debt may be higher than what is being reported officially. The cover story in this newsletter strives to provide insights on the growing concern of “hi...

Revisiting the Jobs Story: Employment Targeting in the Macroeconomic Framework

All around the world, labour employment is seen as a fundamental activity for earning incomes and securing livelihoods for people and families. Economies are therefore often preoccupied with the business of creating of jobs. The objective of the s...

Debt Servicing and the Delivery of Social Services: Mid-Year Review of the 2018 Budget

This policy brief reviews the performance of the first half (January to June) of the 2018 National Budget, drawing on data from fiscal tables produced by the Ministry of Finance. A descriptive approach is employed in order to analyse the data and...

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 recover...

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