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 on Zambia.

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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PESA Editorial - Zambia - 3Q2018/19
Zambia has been a relatively stable country since its independence in 1964. This is in contrast to several neighbouring countries, which have experienced civil war ...
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PESA Editorial - Zambia - 2Q2018/19
Zambia’s relation with China can be traced back to 1949, before Zambia’s independence in 1964. Zambia was one of the African countries supporting the participation ...
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A “round up” on the ending financial previous year
Zambia has faced its worst economic crisis in a decade on the back of lower than expected commodity prices in FY2015/16 which affected the country’s ...
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Click on a thumbnail below to view the latest PESA public engagements on issues relating to Zambia.

SAfm Interviews
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 ...
PESA CNBC Africa Interviews
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 ...
PESA Power987 Interview
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 ...
PESA Power987 Interview
Interview about the SADC political economy outlook for 2018. The interview also analyses the impact of political uncertainty associated with upcoming elections in the DRC, ...
PESA Power987 Interview
Interview about the current situation in Zambia with Hakainde Hichilema who was arrested for treason and is current awaiting his court ruling. The interview also ...
PESA Power987 Interview
Interview about the political economy of credit rating agencies and the current contradictions between the need for public investment and curtailing debt distress. The interview ...
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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