You are here: Home Newsroom
The Minister of Agriculture's decisions to expand national strategic food reserves of maize and to suspend maize exports are both commendable and timely. The decision, which comes in the wake of the El Niño related drought in Eastern and Southern Africa and the resulting looming food shortages in the region, are critical for safeguarding Zambia’s food security and supporting its policy objectives on inflation.
by Thulani Banda
Over the past week, Zambian's have observed with pleasant bewilderment the happenings in the foreign exchange market. Throughout 2015, the kwacha had fallen significantly against the dollar. However, approaching the end of April 2016, there seems to be life in the kwacha after all. It is now trading below K10 per dollar for the first time since September 2015. While this is welcome news, caution needs to be taken as there still remain risks in both the global and domestic economic environment which could potentially undermine a sustained recovery.
By Caesar Cheelo
How are economic policies crafted? How are they implemented? Whose responsibility is it to champion good economic management through the implementation of sound policies?
I tend to think that all these issues ultimately depend on the political choices of a particular society or economy. Take Tanzania for instance, informal reports about President John Magufuli have continued to circulate on social media.
By Caesar Cheelo
Zambia is experiencing the most dramatic economic downturn seen in the country’s post-liberalization era. Some have described the downturn as a crisis and an economic collapse.
Somehow the current situation seems a lot like déjà vu. About four decades ago the Zambian economy collapsed. Many accounts show that this happened because despite its rich resource base, by the late 1970s, Zambia was suffering from a number of chronic structural economic problems rooted in the policies of the 1960s and 1970s coupled with external shocks.
By Felix Mwenge and Tamara Billima
In the face of the economic slowdown, Zambia’s ‘jobs challenge’ is becoming more pressing. One big, but too often neglected, part of the response must be a focus on the smallest enterprises.
Recent policy research evidence from the Zambia Institute for Policy Analysis and Research (ZIPAR) has shown that current government policy in Zambia does not effectively exploit the potential of the self-employed micro enterprises to create more decent jobs. This is a particularly important issue in the context of Zambia’s current economic downturn.