Investing in Zambia

Zambia's economy has experienced strong growth in recent years, with real GDP growth in 2005-10 about 6% per year. Privatization of government-owned copper mines in the 1990s relieved the government from covering mammoth losses generated by the industry and greatly increased copper mining output and profitability to spur economic growth. Copper output has increased steadily since 2004, due to higher copper prices and foreign investment. In 2005, Zambia qualified for debt relief under the Highly Indebted Poor Country Initiative, consisting of approximately USD 6 billion in debt relief. Poverty remains a significant problem in Zambia, despite a stronger economy. Zambia's dependency on copper makes it vulnerable to depressed commodity prices, but record high copper prices and a bumper maize crop in 2010 helped Zambia rebound quickly from the world economic slowdown that began in 2008. A high birth rate, relatively high HIV/AIDS burden, and market distorting agricultural policies have meant that Zambia's economic growth has not dramatically decreased the stubbornly high poverty rates.

Bank of Zambia -
Barclays Zambia -
First Quantum Minerals -
Glencore International -
TOTAL Zambia -
Vedanta Resources -
Zambia Coffee Growers' Association -

Zambia News
2011-06-24 - (lt) - Uranium ore stocks at Lumwana increase
2011-06-16 - (wp) - Zambia says copper boom is helping build infrastructure and spur economic growth
2011-06-15 - (mw) - Zambia seeks more iron-ore, manganese, uranium investment
2011-06-09 - (reu) - Zambia Jan-April 2011 copper output down yr/yr
2011-06-08 - (pla) - Metorex to sell Sable copper/cobalt unit in Zambia to Glencore

The Times of Zambia (Ndola) -

Lusaka Times -

Countries that border Zambia: Democratic Republic of the Congo | Angola | Namibia | Botswana | Zimbabwe | Mozambique | Malawi | Tanzania

Learn more:

Back to Country Investing