Republic of Zambia

Republic of Zambia

Political Economy Summary

Capital Lusaka
Independence 24 October 1964
Head of State & Govt H.E. Edgar Lungu
Minister of Foreign Affairs Joseph Malanji
Minister of Finance Bwalya Ng'andu
Central Bank Govenor Denny Kalyalya
Next National Elections Date 2021
Government Website
Parliament Website


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

Balance of Payments and International FDI Position in Zambia: FY2019/20
Zambian merchandise export earnings have been have been recovering from the period of low commodity prices from 2014 to 2016. The recovery export earnings has ...
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Trade and Regional Integration in Zambia: FY2019/20
Zambian exports have been growing faster than imports during the period from 2015 to 2018. This has not had a significant positive impact on gross ...
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GDP Growth and Public Finance in Zambia: FY2019/20
Zambia’s economy has been recovering due to improvements in copper prices and expansion of copper mining production. The Zambian mining industry went through a recession ...
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Zambian Public Debt Sustainability
Zambian economic performance has been largely dependent on copper mining, particularly as a source of foreign exchange earnings. Copper mining accounted for 77.4% of Zambia’s ...
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Click on a thumbnail below to read the relevant PESA Regional Integration Monitor relating to Zambia.

Impacts of the COVID-19 Pandemic in SADC
The July 2020 issue focuses on assessing the impact of the coronavirus (COVID-19) and evaluates the readiness and gaps in the region's public capacity; and ...
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Climate Change and Adaptation in SADC
The April 2020 issue focuses on assessing the impact of climate change and evaluating the effectiveness of regional systems and national responses to the crisis ...
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Youth Unemployment and Empowerment in SADC
The July 2019 issue focuses on providing an overview of youth empowerment in SADC - What is the current state of youth unemployment and youth ...
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Public Debt and Government Finances in SADC
The April 2019 issue focuses on providing an overview of public debt in SADC and what needs to be done to retain debt sustainability in ...
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Click on a thumbnail below to view the latest PESA Policy Dialogues on issues relating to Zambia.

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 ...
Political Economy Review: Looming SADC Public Debt Crisis
Interview about the looming public debt crisis in the Southern African Development Community (SADC) focused on the its source and what governments can do to ...
China's Debt Trap in Africa
Interview about whether China is in a process of neocolonialism by providing unsustainable debt to African countries in return for minerals and government control.The discussion ...
Political Economy Review: Zambian Tax Reform and Mozambican Debt Restructuring
Interview about the Zambia's planned audit of all mining firms' tax compliance over the past six years. The interview also analyses the constraints that African ...


Country Expert

Lewis Chimfwembe

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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