Category: Press Statements

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.

FOOD PRICE HIKES AMIDST COVID-19 COULD PUSH MILLIONS OF ZAMBIANS INTO EXTREME POVERTY

Poverty and food insecurity has been a primary concern in most developing countries and the advent of COVID-19 is with no doubt worsening the problem. The pandemic has potential to derail progress made towards achieving United Nation Sustainable Development Goal number 2, which aims to achieve “zero hunger”. A World Bank brief report on global…
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AHEAD OF THE 2021 GENERAL ELECTIONS: KEY ISSUES ON THE MINING SECTOR

As the country goes to the polls on 12th August 2021, it is expected that the political party that forms government will transform the mining sector into a tool of national development. The Centre for Trade Policy and Development (CTPD) wishes to note that this can only be attained if six critical issues facing the…
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CTPD’S REACTION TO THE KWACHA APPRECIATION

On 2nd January 2019, each United States Dollar (USD) sold for an average of K11.96. A year later, on 2nd January 2020, the average selling price for one USD was K14.19, representing a depreciation of the Kwacha of 18.6 percent. However, in 2020 alone, sparked and driven by the complexes and contradictions associated with the…
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CTPD PRESS STATEMENT ON THE 2020 FINANCIAL INTELLIGENCE CENTRE (FIC) REPORT

The Centre for Trade Policy and Development (CTPD) has noted with concern, the revelations from the latest 2020 Financial Intelligence Center (FIC) report that Zambia lost about K3.1 billion through corruption, tax evasion, fraud, illegal mining and other vices, with corruption alone accounting for over 70% of the total losses, translating into about K2.2 billion.

DEBT SWAP AND REFINANCING ARRANGEMENT FOR CIVIL SERVANTS

The Centre for Trade Policy and Development (CTPD) would like to echo its position concerning the issue of the infamous Debt Swap involving the Government of Zambia and civil servants. This is in a matter where the Government has resolved to implement a debt swap with civil servants on a net off basis.

REVEAL THE IMPLEMENTATION STATUS FOR MAIZE/MEALIE MEAL EXPORT & IMPORT MOU BETWEEN ZAMBIA AND DRC

The Centre for Trade Policy and Development (CTPD) calls for Government to share a comprehensive and clear implementation status for the Maize/Mealie Meal Export & import MOU made on 2nd October ,2019 between Zambia and Democratic Republic of Congo (DRC).

CYBER SECURITY AND ELECTION READINESS

The Centre for Trade Policy and Development (“CTPD”) is concerned about the implementation of digital security laws ahead of the August 12th  General Elections. In the second quarter of 2021, the Government of the Republic of Zambia enacted legislation that regulates cyber security as well as the storage, processing, and protection of electronic data in…
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JOINT PRESS STATEMENT

The Centre for Trade Policy and Development (CTPD), Zambia Land Alliance (ZLA) and the Adventist Development and Relief Agency (ADRA) call upon all individuals and political parties that are aspiring for office in the forthcoming 2021 parliamentary and general elections share their plans regarding climate change mitigation in Zambia.

CRAFT A SECTOR-SPECIFIC MINING TAXATION REGIME FOR ARTISANAL AND SMALL-SCALE MINING

The mining sector has been dominated by large scale mining at the neglect of Artisanal and Small-scale Mining (ASM). However, it is worth noting that the latter presents itself as a conduit of inducing poverty reduction in communities hosting mineral resources