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An Abstract On The Contribution Of The Mining Industry To Economic Growth In Zambia

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  • An Abstract On The Contribution Of The Mining Industry To Economic Growth In Zambia

The Impact of Industrialisation on Zambia's Economic …

This research study examines the impact of industrialisation on economic growth in Zambia. The study utilised secondary data from Zambian Central Bank and Word-Bank data statistics.

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Fifth Zambia Economic Brief: Making Mining Work for …

12 Contributions of the mining industry to the Zambian economy 15 13 Forecast of production and revenue by instrument, 2014–2030 20 14 Stylized investment, employment, and tax profile of a mining operation 21 ... duction has contributed much to Zambia's high economic growth rates. Recent geo-logical analysis suggests that the deposits of ...

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The economic and social impact of mining-resources exploitation …

This article has intended to give some insight into the economic, fiscal, and social impact of mining resources in Zambia, by using, as analytical framework, the A.O. Hirschman …

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Economic potential of industrial minerals in Zambia

Zambia, a landlocked country in Southern Africa, is dependent on copper mining. Mining of base metals (copper and cobalt) in Zambia, which contributes about 12% towards GDP, 2 has been ongoing since 1920s (Sikamo et al., 2016).With the over dependency on such commodities, there has been a decline in economic growth and livelihoods of residents living …

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Zambia's economic diplomacy and the mining industry: An …

ABSTRACT. This article uses a broad conceptual framework of economic diplomacy to examine the efficacy of Zambia's engagement with foreign governments, regional and international …

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Corporate social responsibility and economic growth in the mining industry

Mining companies have been a pivotal sector, having a prominent impact on social welfare (Esteves, 2008; Parker and Cox, 2020), economic improvement (Sagebien et al., 2008), and environmental management (Ruokonen, 2019) in Australia, Southern Africa, Canada, and Finland, respectively.The term "social license," which was originally used to describe the …

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(PDF) Regional mineral value chains: implications for Zambia's …

This paper focuses on the implications of slumping copper prices for the Zambian mining industry, in an attempt to elucidate the poor economic performance of Zambia's local economy over the …

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Zambia's Mining Industry: A Closer Look at the

Mining activities have played a crucial role in Zambia's economic development, contributing to its GDP, job creation, and government revenue through royalties and taxes (Banda, 2022).

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Evaluating the Relationship Between Taxation and Economic …

The primary objective of this study is to evaluate the impact of taxes on Zambia's economic growth. Specific Objectives i. To evaluate the effect of Direct taxes on economic growth. ii. To assess the relationship between Indirect taxes and economic growth. iii. To measure the effect of Trade taxes on economic growth. iv.

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AGRICULTURE, MINING, MANUFACTURING AND …

Zambia's tourism industry contributed 7% of GDP (USD 1,701 million) and 7.2% of total employment (469 thousand jobs), whereas international visitors spent USD 849 million, representing 10% of Zambia's total exports in 2019 (Tabetando, 2020). Despite its economic contribution, an array of challenges have continued to impact the

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Report No. 62378-ZM Zambia What Would it Take for …

What Would it Take for Zambia's Copper Mining Industry to achieve its Potential? Finance & Private Sector Development Unit ... increasing economic growth and jobs in the future. ... Despite the revival of the industry since privatization, the mining industry's contribution to government revenues has remained low, peaking at just 1.4 percent ...

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SOURCES OF ECONOMIC GROWTH IN ZAMBIA: AN EMPIRICAL INVESTIGATION

The third traditional determinant of growth used by exogenous growth models is population growth, which is assumed to affect the efficiency of savings and investment. Just like investment and human

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The viability of the mining sector in revenue contribution in Zambia

The mining sector in Zambia is of national significance and makes an important contribution to the national economy . Zambia is one of the largest copper producers in Africa, and copper

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Evaluating the impact of Foreign Direct Investment (FDI) on economic

contribution to economic growth in order to achieve economic growth dynamism. Dependence on the mining industry for the past 25 years has had disastrous effects on the economy.

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Contributions of Foreign Direct Investment of Mining Sector …

economic activities in Zambia were still dominated by the mining sector, which for many years has counted for an estimated two thirds of total exports, and also continued to significantly influence the growth of the economy. That was evidenced by …

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Contributions of Foreign Direct Investment of Mining …

Contributions of Foreign Direct Investment of Mining Sector to Economic Development of Zambia. Study of Konkola Copper Mines Article by John Chenjelani Phiri PhD in Management, Texila American University E-mail: …

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Evaluating the Relationship Between Taxation and Economic …

On economic growth, Zambia has been recording a decrease in the GDP growth rate for the past 5 years, thus the growth rate declined by 0.27% in 2016, 0.53% in 2017, 2.59% in 2018 and 4.46% in 2019 ...

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INVESTIGATING THE IMPACT OF FDI ON ECONOMIC …

INVESTIGATING THE IMPACT OF FDI ON ECONOMIC GROWTH IN ZAMBIA: 1980 - 2012 Eugene Maliwa & Jacob M. Nyambe Department of Economics, University of Namibia P/Bag 13301, Windhoek, Windhoek, NAMIBIA ABSTRACT This study was conceived to investigate the impact of foreign direct investment on economic growth in Zambia.

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The economic impact of mining industries in the …

Abstract In this article, we investigate the role of the Copperbelt in the world market of nonferrous metals. The analysed data were collected from the producing companies in the Democratic ...

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Contributions of Foreign Direct Investment of Mining Sector …

Abstract The research was about an assessment on the extent of the contribution of foreign direct investments (FDIs) on the economic development of Zambia in general and Copperbelt in …

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The role of Marketing in Zambia's economic diversification process

These authors concluded that marketing is necessary in the economic endeavours of a company as it applies growth strategies such as new product development and diversification, therefore the ...

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Zambia's economic diplomacy and the mining industry: An …

ABSTRACT. This article uses a broad conceptual framework of economic diplomacy to examine the efficacy of Zambia's engagement with foreign governments, regional and international organisations, and companies, in the pursuit of investment and trade partners for …

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The economic and social impact of mining-resources exploitation in Zambia

As a case study using empirical evidence, this article examines the socio-economic impact of mining natural resources in Zambia. The nationalisation of copper mines some years after independence (1964) and their subsequent privatisation at the beginning of the current century constituted key economic policy decisions in this country.

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22 The Mining Industry and Local Content Policy in Zambia

By contrast, data from the African Development Bank (2018) indicate that mining and quarrying now form a larger share of value added in Zambia's growth domestic product (GDP) compared to twenty years ago, whereas manufacturing's role in value added has …

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Chinese Investments Strengthen Copperbelt Mining Sector and Economic

Kalulushi District Commissioner Kelly Jibinga also commended Rongxing Mining Company for its contributions to the district, emphasizing the importance of partnerships that foster local development and community well-being. The Copperbelt continues to attract significant international investment, reinforcing its status as Zambia's mining hub.

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Economic potential of industrial minerals in Zambia

This study focuses on industrial minerals as potential economic minerals to sustain Zambia's economy and provide meaningful jobs for local people since unemployment levels …

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Zambia 2024 Mining Report

Our insights aim to inform stakeholders—policymakers, investors, mining companies and anyone else with interests in the sector —about the current state and future direction of Zambia's mining industry. Zambia has faced significant economic challenges in …

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(PDF) The Role of Copper in Zambia

Natural resources stand high on the agenda of a number of Regional Economic Communities (RECs) in Africa (AfDB, 2013). Resource-rich countries usually depend on single main export product.

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The contribution of Mining to Zambia's development

A new analysis of mining in Zambia for the past 100 years shows a clear historical link between levels of mining investment and wider economic development. This is the key conclusion of a paper, Copper Mining in Zambia …

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The Contribution of the Mining Sector to Socioeconomic

economic development and strong HDIs; in the latter two countries, the mining sector continues to play a leading role in economic growth more than a century after it rose to prominence. This paper does not aim to prove or disprove the resource curse but provides evidence that most low- and middle-income mineral-dependent

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