Category Archives: Economy

23Jun/23

Is zambia the cinderella of Africa, poor indebted by wicked China and saved by the western prince?

June 23, 2023EconomyArticles, China, China–Zambia relations, Christianity in Zambia, Economy, Economy of Zambia, France, G20 Washington summit, Global financial system, International Monetary Fund, Paris, Sustainability, United States–Zambia relations, World, Zambiaadmin

23 June 2023 /Economy/– Zambia’s recent debt restructuring deal with its creditors is a major step forward for the country’s economy. The deal will allow Zambia to access much-needed financial resources to help it recover from the COVID-19 pandemic and stimulate economic growth.

In the short term, the deal will likely lead to a decrease in Zambia’s debt servicing costs, which will free up funds that can be used for other purposes, such as infrastructure development and social programs. This will help to boost economic growth and improve living standards for Zambians. Continue reading →

21Jun/23

Europe cannot survive without Africa

June 21, 2023EconomyArticles, Business, Economy, Iis, Outsourcing, South Africa, Sustainability, Western influence on Africaadmin

June 21, 2023 /World/ — The statement that “Europe cannot survive without Africa” is a bit of an exaggeration. While Europe does rely on Africa for a number of resources, it is not entirely dependent on the continent. However, it is true that Africa plays an important role in the European economy.

Here are some of the ways in which Africa contributes to the European economy: Continue reading →

31May/23

It is not illegal to be LGBTQ

May 31, 2023EconomyAcronyms, amnesty international, Bisexuality, Gender, GLSEN, Human sexuality, Kenya, Lesbianism, LGBT, LGBTQ psychology, Rwanda, Somalia, Tanzania, Transgender, Uganda, United Statesadmin

May 31, 2023 /Lifestyle/ –Uganda is a relevant country on the global scale for a number of reasons, including its strategic location in East Africa, its large population, and its natural resources. The country is also a member of the United Nations and the African Union, and it plays an important role in regional security and development.

However, Uganda’s anti-LGBTQ laws have made it a target of international criticism. In 2014, the Ugandan Parliament passed a bill that would have made same-sex sexual activity punishable by life in prison. The bill was met with widespread international condemnation, and it was eventually withdrawn. However, the country’s anti-LGBTQ laws remain in place, and LGBTQ people in Uganda continue to face discrimination and violence. Continue reading →

24May/23

Mpelembe Network

May 24, 2023EconomyAfrica, Countries, Geography of Africa, Outline of Zambia, Zambiaadmin

May 24, 2023 /Lifestyle/ — Creating more jobs in Zambia is a complex challenge, but there are a number of things that can be done to help. Here are a few ideas: Continue reading →

17May/23

Zambia, Zimbabwe and Malawi is one country

May 17, 2023EconomyAfrica, Commonwealth republics, Countries, Ethiopia, Landlocked countries, Malawi, Member states of the African Union, Member states of the Commonwealth of Nations, Member states of the United Nations, Nigeria, Southern Africa, Southern African Development Community, the southern african development community, Zambia, Zimbabweadmin

May 17, 2023 /Econonmy/ – If Zambia, Zimbabwe and Malawi became one country again, it would be a major development with far-reaching implications for the region. The new country would have a population of over 70 million people, making it the third most populous country in Africa after Nigeria and Ethiopia. It would also have a land area of over 1 million square kilometers, making it the 13th largest country in Africa. Continue reading →

30Apr/23

The book “China in Africa, the Zambia Story” by Ambassador Anthony Mukwita

April 30, 2023EconomyAfrica, Anthony Mukwita, China, China–Zambia relations, Countries, Foreign relations of Zambia, Geography of Africa, Germany, Lusaka, Outline of Zambia, Zambiaadmin

27 April 2023 /Economy/ — The book “China in Africa, the Zambia Story” by Ambassador Anthony Mukwita tells the story of the relationship between China and Zambia. The book begins with a brief history of Zambia, followed by a discussion of China’s economic and political interests in Africa. Mukwita then goes on to describe the various ways in which China has interacted with Zambia, including through trade, investment, and aid. He also discusses the impact of China’s presence in Zambia on the country’s economy, politics, and society.

Here are some of the key takeaways from the book: Continue reading →

29Apr/23

Which types of jobs are threatened by AI and automation?

April 29, 2023EconomyAI, Applications of artificial intelligence, Articles, Artificial intelligence, Automation, Chatbot, Computational neuroscience, Contents, Cybernetics, Generative, Technologyadmin

April 28, 2023 /Economy/ — Generative AI is a type of artificial intelligence that is capable of generating text, images, and other content that is indistinguishable from human-created output. This technology has the potential to automate a wide range of tasks that are currently performed by humans, including customer service, data entry, and even creative writing.

The Goldman Sachs report predicts that generative AI could automate 18% of work globally, with the effects felt most deeply in advanced economies. This is because advanced economies tend to have a higher concentration of white-collar jobs, which are more susceptible to automation. Continue reading →

22Apr/23

ERB approves lower electricity tariffs for low-income households in Zambia

April 22, 2023EconomyArticles, Business economics, Customs duties, Economy, Electricity pricing, International taxation, Pricing, Renewable energy policy, Tariff, Zambiaadmin

April 21, 2023 /Economy/ –The Energy Regulation Board (ERB) in Zambia has approved lower electricity tariffs for low-income households that consume 100 Units or less per month. The new tariffs will take effect on May 1, 2023.

The ERB said the decision to lower tariffs was made in order to cushion low-income households from the rising cost of living. The new tariffs will see a reduction of 25% in the cost of electricity for low-income households.
Continue reading →

19Apr/23

There are concerns that the cost of living crisis could lead to social unrest.

April 19, 2023EconomyAcademic disciplines, Economics, Economy, Inflation, Social justice, Unemployment, United Kingdomadmin

April 19, 2023 /Economy/ — The cost of living crisis is a global issue, and it is having a significant impact on people in the UK. Energy bills, food prices, and fuel costs are all rising, and this is putting a strain on household budgets. There are concerns that the cost of living crisis could lead to social unrest, and there is no clear timeline for when this could happen.
Continue reading →

Category: Economy