Category: Latest News

ADRESSING INEQUALITY NEEDS STRONG POLITICAL WILL

The year 2022 is set to mark Zambia’s 58th year of national independence, a time in which the country will look back to the several strides made in achieving national unity and economic prosperity. Yet, to look back and reflect on the poverty and inequality statistics in the country, exacerbated by alarming corruption and misuse…
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GOVERNMENT SHOULD REVISIT THE CYBER SECURITY AND CRIMES ACT AND MAKE AMENDMENTS TO SOME OF ITS PROBLEMATIC PROVISIONS.

With the advancement in science and rights technology, the world has gradually transformed itself into digital space with increasing use of the internet, mobile devices, social networking, and computing data. Zambia has been no stranger to this modern digital era and the cyber space has become an increasingly large part of our day-to-day lives.

CTPD URGES GOVERNMENT TO AGRESSIVELY IMPLEMENT A ROBUST LOCAL CONTENT FRAMEWORK

Zambia’s mining history dates back over 100 years ago. This rich history is attributed to its unique geographical positioning. In addition to copper, Zambia boasts of other mineral resources including base metals, precious, industrial, gemstones, and energy minerals. Our benefits from the mining sector as a country have been narrowed to fiscal linkages i.e., garnering…
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GOVERNMENT NEEDS TO EXERCISE CAUTION WITH REDESIGNING MINING FISCAL POLICY

The new dawn Government has signalled a move to support the increase in copper production, from 800,000 tonnes to over 3 million tonnes in 10 years. This coupled with high copper prices will bring in more dollars through taxes and export earnings, create more jobs and business opportunities, etc.

IS AN INTERNATIONAL MONETARY FUND (IMF) PACKAGE BETRAYAL OF THE ZAMBIAN PEOPLE OR DEBT TRAP?

As Centre for Trade Policy and Development (CTPD), we would like to commend Government for taking very bold and highly ambitious stance towards an IMF programme. The country’s much needed political will to transform the economy.

CTPD WELCOMES THE NEW ADMINISTRATION’S COMMITMENT TOWARDS TRADE AND INVESTMENT PROMOTION.

The Centre for Trade Policy and Development (CTPD) welcomes the new administration’s commitment towards the promotion of Trade and Investment, as it is key in fostering economic development and revenue generation. It is cardinal to consider the interest of both local and foreign investors by ensure there is a balanced competitive environment that promotes the…
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CTPD 2022 NATIONAL BUDGET EXPECTATIONS

In the spirit of fiscal consolidation principles, we expect the 2022 National Budget to be characterized by a re-alignment of priorities within the existing expenditure framework. We do not expect a substantial change in the total budget size.

UNDERSTANDING THE DEBT SERVICE SUSPENSION INITIATIVE (DSSI)

On 9th October 2021, the Government of the Republic of Zambia through the Republican President, His Excellency Mr. Hakainde Hichilema, announced that, “as part of its debt management and negotiation, Government signed the DSSI with a number of lenders which include members of the Paris Club, Kuwait Fund, Saudi Fund, Development Bank of Southern Africa…
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FRA URGED TO GIVE ITS POSITION ON MAIZE PROCUREMENT

The Centre for Trade Policy and Development (CTPD) has called on the Food Reserve Agency (FRA) to urgently give its full position on maize procurement in this marketing season. We have noted with concern that hundreds of bags of maize belonging to small scale farmers are going to waste at some named Food Reserve Agency…
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CTPD CALLS ON GOVERNMENT TO BE MORE CONSULTATIVE ON ECONOMIC POLICY REFORMS

The Centre for Trade Policy and Development (CTPD) calls on Government through the Ministry of Finance to consider building local consensus on the key economic reforms it plans to institute while engaging cooperating partners for technical or financial support. This is critical in getting the ‘buy in’ of the citizens, now that we are past…
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