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Zambia

Capital: Lusaka ; GDP growth (annual %) 2016: 3.3%

Africa’s economic growth in 2016 was driven by East Africa

While the continent’s major economies were hit by the fall in commodity prices in 2016, Africa retained its position as the second-fastest growing continent globally recording an average of 2.2% GDP increase, behind only South Asia, according to the African Development Bank Group (AfDB).

Much of Africa’s increase in 2016, AfDB says, was driven by East Africa where several nations recorded “strong performances.” In general, of the continent’s sub-regions, East Africa posted the highest increase rate with 5.3%, led by Ethiopia.
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African real estate market still standing after tough 2016

African real estate has had a tough year navigating diffcult economic conditions. Most investors on the continent remain private equity groups as opposed to long term investors or Real Estate Investment Trust ( Reit) investors.

There have as well been currency problems in the likes of Nigeria and Zimbabwe. But 2017 could be better if commodity prices rise globally.

"The continent gained traction last year, notably in the Hotel, Retail and Residential sectors. One hopes that, in 2017, there will be fewer economic and structural difficulties for African real estate," said Ortneil Kutama, Africa Property News Media Director.
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Africa property offers rich pickings for the brave

Some property pundits believe there are major opportunities for investors or companies on the continent.

While most pundits will acknowledge that the saying “Africa is not for sissies” rings authentic at the same time as it comes to property investment , some commentators believe that there are major opportunities for investors on the continent.
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GlObserver provides the latest business news Country Analysis and Economic Repor

Key Facts: Full name: Republic of Zambia
Population: 13.2 million (UN, 2010)
Area: 752,614 sq km (290,586 sq miles)
Major language: English (official), Bemba, Lozi, Nyanja, Tonga
Major religions: Christianity, indigenous beliefs, Hinduism, Islam
Life expectancy: 49 years (men), 50 years (women) (UN)
Monetary unit: 1 Kwacha = 100 ngwee
Main exports: Copper, minerals, tobacco
GNI per capita: US $1,070 (World Bank, 2010)
Internet domain: .zm
International dialling code: +260

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Africa's Relationship With China Is Ancient History
2017/07/02
In 2002 South Africa's Parliament unveiled a digital reproduction of a map - of China, the Middle East and Africa - that some speculated could be the initial map of the African continent. The Da Ming Hun Yi Tu - the Comprehensive Map of the Great Ming Empire - was drawn up around 1389 during the Ming Dynasty, according to historian Hyunhee Park.

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Climate change laws around the world
2017/05/14
There has been a 20-fold increase in the number of global climate change laws since 1997, according to the most comprehensive database of relevant policy and legislation.

The database, produced by the Grantham Research Institute on Climate Change and the Environment and the Sabin Center on Climate Change Law, includes more than 1,200 relevant policies across 164 countries, which account for 95% of global greenhouse gas emissions.

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Preventable blindness in children on the rise in poorer countries
2016/07/23
The number of children suffering from preventable blindness is increasing, half because additional children are surviving complicated births in low- and middle-gain nations, specialists say. Worldwide, about 19 million children under the age of 15 are blind, with 12 million of these cases preventable or treatable.

Experts say one cause of high rates of blindness is retinopathy of prematurity (Rop), which occurs in premature infants and can be caused by being given too much oxygen next birth.

Brian Doolan, CEO of the Fred Hollows Foundation, said world advances in neonatal care mean additional children are surviving early births, but this means additional premature babies are at risk of Rop.

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Zambian leadership crisis is Sata’s defining legacy
2014/12/05
For a man who promised so much for so long while in opposition, and again even additional once he assumed office, Michael Sata’s legacy is underwhelming. Aside from his flagship initiative to raise the minimum wage, and some much-needed labour law reform, the late Zambian president failed to really stamp his authority on the country, his plans undone by the illness which from presently on killed him in October this year.

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Africa: Making Things Happen at the Bank - 'Not a Talk Shop' - Akin Adesina
2017/07/02
Dr. Akinwumi Adesina is focusing on five areas to achieve the African and world goals for a prosperous continent since becoming president of the African Development Bank - Africa's major public financial institution in September 2015. He was a keynote speaker at this month's Corporate Council on Africa's U.S.- Africa Business Summit in Washington D.C. and moderated a lively panel with five African government ministers. He as well received the Gene White Lifetime Succcess Award from the World Child Nutrition Foundation. This week, he was named the 2017 recipient of the World Food Prize, a prestigious honor that includes a $250,000 award. In an interview in Washington, DC, Adesina discussed the Development Bank's ambitious schedule and his vision for attracting the increase capital Africa needs. Posting questions for AllAfrica was Noluthando Crockett-Ntonga.

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Yichida Ndlovu
2013/01/14
IMAGINE the anxiety of sitting in the cabin of an airplane, listening to the voice of a woman introducing herself as your pilot and requesting you to buckle up as the aircraft prepares to take off.

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Rudi Botha General Manager of Southern Cross Motors Ltd
2013/01/03
By focusing on excellence in both pre and post-sales customer service, inclunding investing heavily in its workshops and equipment, the company has built up an enviable reputation for its comprehensive auto services. In an exclusive interview with Globus Vision, Rudi Botha, General Manager of Southern Cross Motors Ltd, and Sales Manager Mike Ng’uni provide an outline of the company’s performance, its considerate of customers’ needs, and the automobile market in Zambia today.

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Zambia President Rupiah B. Banda
2012/12/21
Michael Chilufya Sata is a Zambian politician who has been the fifth President of Zambia since 23 September 2011. A social democrat, he leads the Patriotic Front, a major political party in Zambia.

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Zambia has experienced a phenomenal 7.5% average GDP increase
2015/11/08
Zambia’s government is targeting the diversification of its economy, particularly by boosting the agriculture and manufacturing sectors and adding price wherever possible, inclunding developing its infrastructure. Minister of Data Chishimba Kambwili discusses the opportunities and challenges ahead.

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Outlook for 2013-17
2015/01/27
The country (Zambia) is situated in Southern Africa, east of Angola.
It has borders with Congo (Kinshasa) for 1930 km, Angola for 1110 km, Malawi for 837 km, Mozambique for 419km, Namibia for 233km, Tanzania for 338 km and Zimbabwe for 797 km. Land in Zambia is frequently high plateau with a number of hills and mountains.
Zambian land covers an area of 752614 km²
The climate is tropical; modified by altitude; rainy season (October to April).
Zambian speak English, major vernaculars - Kaonda,Bemba, Lozi, Lunda, Nyanja, Tonga,Luvale, and about 70 other indigenous languages.

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Lusaka
2012/12/08
Lusaka is the capital and largest city of Zambia. One of the fastest-developing cities in Southern Africa, Lusaka is located in the southern among of the central plateau at an elevation of about 1,300 metres (4,265 feet). As of 2010, the city's people is about 1.7 million. Lusaka is the centre of both commerce and government in Zambia and connects to the country's four largest highways heading north, south, east and west. English is the official language of the city, but Nyanja, and Bemba are as well common.

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