Author: Mwaka Nyimbili

EXPECTATIONS OF THE PRESIDENTIAL ADDRESS – OPENING OF PARLIAMENT

As His Excellency the President Mr. Hakainde Hichilema officially opens the 1st Session of the 13th  National Assembly, the Centre for Trade Policy and Development (CTPD) hereby provides the following as our expectations to inform the address to the National Assembly and the country at large.

CTPD’S EXPECTATIONS ON THE UPCOMING BANK OF ZAMBIA MPC DECISION ANNOUNCEMENT

As the Bank of Zambia (BoZ) Monetary Policy Committee (MPC) sets to announce its monetary policy decision on Wednesday 1st September 2021, the Centre for Trade Policy and Development (CTPD) expects the committee to maintain the policy rate at 8.50 percent. Considering the high overall inflation, any adjustments to the policy rate should be upwards…
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PROSPECTS FOR RESTORING MACRO-ECONOMIC STABILITY UNDER THE NEW ADMINSTRATION

With slightly over a fortnight since Zambia went to the polls and ushered in a new administration, expectations for the new Government are high as stakeholders within and outside the country await to see the policy direction that Government will take, with more stakeholders particularly interested to see the economic recovery strategy that will be…
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CONGRATULATORY MESSAGE TO HIS EXCELLENCE MR HAKAINDE HICHELAMA AND VICE PRESIDENT MUTALE NALUMANGO

It is with profound accolades that we wish to congratulate His Excellency Mr. Hakainde Hichilema, President of the Republic of Zambia and her Honor the Second female Vice President of Zambia, Mrs. Mutale Nalumango, and the United Party for National Development (UPND) for emerging triumphant in the just ended August 12, 2021 General Elections. We…
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PRESS STATEMENT ON THE IMF SPECIAL DRAWING RIGHTS INITIATIVE

On August 2nd, 2021, the Board of Governors of the International Monetary Fund (IMF) approved a general allocation of SDRs equivalent to US$650 billion (about SDR 456 billion) to boost global liquidity. The current SDR allocation is the largest in the history of the IMF and will be effective on August 23rd, 2021.

Leveraging Chinese Capital and Aid to Bolster Zambia’s Industrialization amid High Public Debt Levels – Part 2

This article is the sequel to last week’s which argued that amid Zambia’s high public debt levels, China is an important developmental partner for Zambia because of Chinese FDI and aid, but Zambia will need to leverage this relationship to bolster its own industrial development.

When No intervention Means Intervention: Harnessing Agriculture Residence Requires Strategic Thinking

In my last week’s feature of the Monday opinion, I highlighted general trends of resilience in the agricultural sector, particularly at a micro-scale. An argument was made that this trend shows more could be achieved with the sector particularly that the Government of the Republic of Zambia identified agriculture as a key priority sector in…
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Agriculture resilience shows more can be achieved with the sector

In this feature, I argue that general trends of resilience in the agricultural sector particularly at a micro-scale show more could be achieved with the sector. Strategic planning underpinned by the long term could help to unlock and harness the sector’s potential. The Government of the Republic of Zambia identified agriculture as a key priority…
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Strategies for enhancing the contribution of the Gemstone Mining Sector to Zambia’s economy

In last week’s Monday Opinion, I undertook a review of Zambia’s Gemstone mining sector particularly drawing your attention to its historical background and technical status. In this Monday Opinion I escalate the conversation further by explicating how the gemstone mining sector can meaningfully contribute to Zambia’s economy. Before delving into this, I will highlight some…
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