PESA
Republic of Zambia

Republic of Zambia

Political Economy Summary

Capital Lusaka
Independence 24 October 1964
Head of State & Govt H.E. Hakainde Hichilema
Minister of Foreign Affairs Mulambo Hamakuni Haimbe
Minister of Finance Situmbeko Musokotwane
Central Bank Governor Denny Kalyalya
Next National Elections Date 2026
Government Website www.parliament.gov.zm/
Parliament Website www.parliament.gov.zm/
Political Economy

Click on a thumbnail below to read the relevant PESA Editorial regarding Zambia.

PESA Editorial on Zambia: 2H2024/25

PESA Editorial on Zambia: 2H2024/25
Accurate and balanced analysis of the political economy in Zambia in 2H2024/25 ...
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PESA Editorial on Zambia: 1H2023/24

PESA Editorial on Zambia: 1H2023/24
Zambia’s economy has had a mixed recovery from the global shocks caused by the COVID-19 pandemic in 2020 and the Russia-Ukraine conflict in 2022. Real ...
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PESA Editorial on Zambia: 2H2022/23

PESA Editorial on Zambia: 2H2022/23
Zambia’s exports have had a slower growth since the recovery from the shock caused by the COVID-19 pandemic. The country’s total merchandise exports had a ...
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PESA Editorial on Zambia: 1H2022/23

PESA Editorial on Zambia: 1H2022/23
Accurate and balanced analysis of the political economy in Zambia ...
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Regional Integration

Click on a thumbnail below to read the relevant PESA Regional Integration Monitor relating to Zambia.

Drivers for Sustainable Industrialisation in SADC [EN]

Drivers for Sustainable Industrialisation in SADC
The January 2025 issue provides an update on the current state of regional integration in SADC by evaluating the drivers for sustainable industrialisation and the ...
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Facteurs moteurs d’une industrialisation durable dans la SADC [FR]

Facteurs moteurs d’une industrialisation durable dans la SADC
Le numéro de janvier 2025 fournit une mise à jour sur l’état actuel de l’intégration régionale dans la SADC en évaluant les moteurs d’une industrialisation ...
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Motores para a Industrialização Sustentável na SADC [PT]

Motores para a Industrialização Sustentável na SADC
A edição de janeiro de 2025 fornece uma atualização sobre o estado atual da integração regional na SADC, avaliando os impulsionadores da industrialização sustentável e ...
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SADC in the Global Year of Elections [EN]

SADC in the Global Year of Elections
The April 2024 issue provides an update on the current state of regional integration in SADC by evaluating the region in the global year of ...
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Policy Dialogues

Click on a thumbnail below to view the latest PESA Policy Dialogues on issues relating to Zambia.

Review of Zimbabwe’s 45th Independence Anniversary

Review of Zimbabwe's 45th Independence Anniversary
Interview discussion reviewing Zimbabwe’s 45th anniversary of independence. The discussion focuses on the persistent socioeconomic challenges faced by its citizens. The panellists include Pan-African activist ...
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Review of Zambian Debt Relief Deal with Bondholders

Review of Zambian Debt Relief Deal with Bondholders
Interview discussion reviewing the Zambian debt relief deal with bondholders and its impact on government finane and the economy. The discussion looks at what led ...
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Zambia’s Public Debt Restructuring

Zambia's Public Debt Restructuring
Interview discussion reviewing the Zambian economy's performance and the government debt restructuring deal ...
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Political Economy Review: SADC 2020

Political Economy Review: SADC 2020
Interview about the recent firing of Zambian central bank Governor Denny Kalyalya who was replaced by Christopher Mvunga at the Bank of Zambia. Following this ...
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Zambia Geographic Location
Geographic Location

Zambia is a central and landlocked country located in Southern Africa. It shares its land boundary borders with Angola to the west, Democratic Republic of the Congo to the north, Malawi and Tanzania to the east and north-east. The country also shares its borders with Zimbabwe to the south divided by Mosi-oa-Tunya (Victoria Falls); as well as Namibia and a short strip with Botswana to the south-west.

The terrain of Zambia is mostly high plateau, with some hills and mountains. The lowest point is the Zambezi river, at 329 metres above sea level, with the highest being Mafinga Central in the Mafinga Hills, at 2,339 metres. The general topography of the country is characterised by uplifted plantation surfaces. The general elevation of the nation as a whole is tended towards West to East from the Kalahari Basin. The level of land falls from the upper Congo towards the Zambezi depression in the South forming a plateau.

Zambian Cities
Zambian Cities
Zambian Coat Arms
Coat of Arms

The Zambian coat of arms was adopted on 24 October 1964 when the Republic of Zambia gained its independence. The eagle of liberty, the African fish eagle, represents the conquest of freedom and the nation’s hope for the future. The pick and hoe represent the country’s economic backbone: agriculture and mining, as well as the characteristics that have influenced Zambia’s evolution and nature. The shield is a representation of Mosi-oa-Tunya, with white water cascading over black rock, and the Zambezi river from which Zambia takes its name. The shield is supported by two figures which represent the common man and woman of the nation.

The coat of arms also has emblems of Zambia’s main economic resources: minerals, mining, agriculture and wildlife. The country’s motto is written across the ribbon at the bottom of the coat of arms: One Zambia, One Nation which emphasises the need for unity in the country of over 60 ethnic groups.

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