Zambia

With metal prices having been elevated over H108, we are forecasting a rise in export proceeds to US$4.0bn, up from US$3.8bn in 2007. Thereafter we expect prices to fall, and correspondingly... 2008-07-28

President Levy Mwanawasa, current chairman of the Southern Africa Development Community (SADC), has stepped up his criticism of Zimbabwe. Speaking in his capacity as SADC chairman,... 2008-06-26

In view of the government's successful efforts to diversify sources of FDI away from China, coupled with its plans to create more special economic zones and increase 'economic diplomacy',... 2008-06-26

We see scope for short-term depreciation in the kwacha towards ZMK3,500/US$, following a drop in copper's price from US$4.03/lb on April 17 to US$3.56/lb on June 5. Over the last... 2008-06-05

BMI View: We see the exchange rate ending 2008 near its current position around ZMK3,400/US$, as appreciatory pressure from FDI inflows and depreciatory pressure from a potentially... 2008-06-02

BMI View: With one in six working-age adults suffering from HIV/AIDS infection, the economic cost of AIDS is substantial in Zambia. We see little scope for improvement in the long... 2008-05-23

BMI View: Talks have been revived regarding the potential for a new rail line route linking Zambia to ports in Angola. Besides improving the country's transport infrastructure capacity,... 2008-05-02

On April 9 Zambian president Levy Mwanawasa called for an emergency summit of the Southern Africa Development Community (SADC) to discuss the electoral delays in Zimbabwe, and on... 2008-05-02

BMI View: The Zambian kwacha continues to appreciate towards our end year target of ZMK3,400/US$, buoyed by high copper prices. We see continued kwacha appreciation through our forecast... 2008-05-02

A riot at the Chambishi Copper Smelter (CCS) in March damaged property and hospitalised a Chinese manager. The CCS initially fired its 500 Zambian employees, but eventually rehired... 2008-04-04