The
Republic of Zambia is
a landlocked country situated in Southern Africa. It occupies an total
area of: 752,610 sq. km (land: 740,720 sq. km;water: 11,890 sq. km).
Its neighboring countries are: in the North: the
Democratic Republic of the Congo over
1,930 km; in the Northeast: Tanzania
over 338 km; in the East: Malawi over
837 km; in the Southeast: Mozambique
over 419 km; in the South: Zimbabwe
over 797 km; in the Southwest Namibia
over 233 km; and in the West: Angola
over 1,110 km. Quadripoint with Botswana, Namibia, and
Zimbabwe in the Southwest.
Industry
production: copper mining and processing, construction, foodstuffs, beverages,
chemicals, textiles, fertilizer. Industrial production growth
rate: 3.4% (2000).
The privatisation of the huge government-owned
Zambia Consolidated Copper Mines (ZCCM) is arguably Zambia's biggest commitment
to promoting a free market economy. After decades (since independence in 1964)
of dependence on the mining sector the government of Zambia recently unveiled
a three year US$1.2 billion program focusing on agriculture, tourism, mining and
reviving the manufacturing sector.
This is no easy task for Mr.
Levy Mwanawasa considering that there is now a vacuum in the mining industry with
Anglo American pulling out of Nchanga and Konkola copper mines and many industries
still shut after a decade of reckless policies by former President Frederick Chiluba's
government.
Mr. Mwanawasa's US$1.2 billion broad based economic
program is expected to be largely financed from funds
gained from debt relief and targeted at economic growth at 4% by 2004. His
government is already talking to other mining investors who are willing to fill
the gap left by Anglo American Corporation.
However, since six years running,
the economy is in a sluggish stated with inflation running in the range of 17%
(17.4 in 2004's first term) a year for economic growth rate below 5% per annum.
Consequently there is no wealth building and almost 85 percent of Zambians
live below the World Bank poverty threshold of a dollar a day.
There is
something wrong in the economic strategy advised by the World Bank and the IMF
(Privatization, deregulation, macroeconomics equilibrium). Right
Click here and choose "Save As" to get: Zambia
Condemned to Debt By Lishala C. Situmbeko and Jack Jones Zulu.
GNP:
US$
3.20 billion (2000);
3.33 billion (2001);
3.45 billion (2002);
3.54 billion (2003) GNP-growth rate: - 2% (1999); 4% (2000); 3.8%
(2001); 2.3% (2002); 4% (2003) GNP-per capita:
US$ 330 (2000): 343 (2003) Click
here for the difference between GNP and Parity Purchasing Power
GNP-composition
by sector
agriculture:
22%
industry:
26%
services:
52%
Exports:
US$ 928 million (f.o.b., 2000); 709 million f.o.b. (2001); 709 million f.o.b.
(2002) Commodities: copper, cobalt, zinc,
lead, tobacco Exports - partners:Malawi
10.3%, Thailand 9.2%, Japan 9.1%, Saint Pierre and Miquelon 9.1%, Taiwan 8.5%,
South Africa
7.8%, Egypt 6.4%, China 6.3%, Netherlands 5.5%, Tanzania
4.5% (2002)
Imports: US$ 1.05 billion
(f.o.b., 2000) Commodities: machinery, transportation
equipment, foodstuffs, fuels, petroleum products, electricity, fertilizer. Imports - partners:South
Africa 64.4%, US 3.7%, China 3.6% (2002)
A passport valid six months beyond sojourn duration and a visa are required for
most nationalities as well as tickets and documents for return or onward travel.
An international certificate of vaccination for yellow fever is required if arriving
from an infected area within five days.
Declaration of currencies might be expected at the airports
and it is essential that all exchange receipts are collected for departure purposes.
High
Commission of Zambia 2 Palace Gate, London W8 5NG Tel:
+(44) 171 5896655 Fax:
+(44) 171 5811353
AIR-LINKING
/ TRANSSHIPPING
Zambia has good air linking connection with Europe and other Southern Africa capital
cities.
International
passengers as well as cargo planes land and take off at Lusaka. Flights to London,
Rome, Frankfurt, Amsterdam, Bombay, Johannesburg (South-Africa),
Nairobi, Harare (Zimbabwe) and Gaborone
(Botswana) are available from Lusaka.
Because the country is landlocked, all imported and exported goods are transshipped
through the ports of Durban in South
Africa and Dar es Salaam in Tanzania
over a well kept network of roads and railways tracks.
Online Forex
Trading Global Internet
Currency Trading 2nd Floor, Central Park Cairo Road P O Box 35681
Lusaka Zambia Tel: +(260) 1 222764 / 1 225476
Fax: +(260) 1 225476 Mobile: +(260) 97 771764
info@forexplatform.com http://www.forexplatform.com
Zambia
Association of Chambers of Commerce and Industry Showgrounds,
Great East Road, Box 30844, Lusaka Tel: +(260)
1 255046/253020/252369 253007/252483 zacci@zamnet.zm http://zambiz.co.zm
Permanent
Secretary Ministry of Mines and MineralsDevelopment PO Box 31969 Lusaka Tel: +(260)
1 252130/33/ +(260) 1 252037 Fax:
+(260) 1 252037 mines@zamnet.zm
All over the country there are good accommodation establishment. The following
are the most commonly used in Lusaka - the capital city
- by International travelers.