Thursday, 15 December 2011
Merry Xmas and Happy 2012
Corruption in Zambia - The Quest for A Successful Struggle
Tuesday, 13 December 2011
Debt Watch (China), 4th Edition
Related Posts:
Debt Watch (China), 3rd Edition
Debt Watch (China), 2nd Edition
Debt Watch (China)
Monday, 12 December 2011
A Poor Statement
"For now (the royalties) will stay, but if it becomes a crisis, if prices crash, we might have to review the regime... not in 2012 but for 2013, in the next budget..."
First, it shows the current mining regime is not well conceived. A good mining taxation regime does not constant adjustment. We were told by the Finance Minister Alexander Chikwanda that the new regime is sufficient to capture appropriate revenue. If that indeed is the case, why would the Government already be talking about possible scenarios that would require reversals? Isn't it better to design a tax regime that automatically adjusts in the low revenue years?
Saturday, 10 December 2011
Top 5 Books of 2011
As we edge closer to the end of 2011, and our impending annual blogging break (due 15 December), I thought it was prudent to share our customary look at the top books released in 2011. Once again a difficult choice. As always the list reflects what I found interesting, fresh, challenging and inspiring. The list of course reflects my broader reading of new books. You will naturally have read other interesting new releases. Would be interested to see what you found eye catching.
(5) Dancing In The Glory of Monsters by Jason Sterns seeks to offer a narrative of the wars that have been raging in the Democratic Republic of Congo. It is particularly useful in terms of drawing out the various roles played by its neighbours, especially the Rwandan government. It is naturally graphic and certainly not for the faint hearted. I suppose if there's a downside is that it is often unbalanced and could have done with better polishing or story telling. But certainly one of the most important books released this year and a must read for students of African affairs. You can't understand Africa until you understand the Congo. The book offers a great start in that area.
Friday, 9 December 2011
Parastatal Madness, 15th Edition
Parastatal Madness, 14th Edition
Thursday, 8 December 2011
Why have farming subsidies failed to reduce poverty?
The past two years are a tribute to Zambian farmers: they have responded admirably to government efforts to promote maize production. Being the most important staple food in Zambia, maize surpluses contribute to food security and benefit the nation. But the smallest farmers in Zambia— those cultivating less than 2 hectares who account for over 70% of all the smallholder farms in the country —participated only marginally in the maize production expansion of 2010/11. These farmers received relatively little FISP fertiliser and sold very little maize, hence they were unable to benefit from the FRA producer price of 65,000 kwacha per bag. The farmers benefiting the most from the government’s expenditures on supporting maize prices were clearly those selling the most maize.
Wednesday, 7 December 2011
A Failure of Reason
Msanzala independent member of parliament Colonel Joseph Lungu has allegedly resigned and has immediately joined the ruling Patriotic Front. Col Lungu said he had decided to join the ruling party in order to ensure development of Msanzala which had lagged behind for some time. Col Lungu said he felt he could not take development to the area as an independent parliamentarian. He hoped to be adopted by the PF and promised that he would continue with development projects for the area.
Tuesday, 6 December 2011
The Grand Inga Project, 2nd Edition
Monday, 5 December 2011
Mine Watch (Muntanga)
Investment Watch (Lime)
Mine Watch (Mimbula)
Konkola Copper Mines has announced plans to resume output at the Mimbula open pit mine as part of Vedanta'ss strategy to extend mine life at its operations. KCM plans to carry out activities at Mimbula including extension of the power line to the site as well as pit de-watering and de-silting as mining has not taken place there since the 1970s. The opening of the Mimbula mine, located on the Copperbelt, is still under evaluation with further details forthcoming.
Friday, 2 December 2011
Budget 2012 : National Budget for Agriculture
The ACF / IAPRI policy presentation on the Budget - 2012 Zambian Agriculture Budget Analysis. As the selected graphics below show (click to enlarge), there has been such deviation from actual allocations in previous budgets, that the word "budget" does not carry much meaning. We hope this will change under the new government.
Thursday, 1 December 2011
Equality through employment
“Do you feel it trickle down?” ask the protesters occupying Wall Street and parts of financial districts from London to San Francisco. They are not alone in their anxiety. Income inequality is a top concern not only in tent cities across the United States, but also among street protesters in Taipei, Tel Aviv, Cairo, Athens, Madrid, Santiago, and elsewhere.