 Copper Mining Agreements in Zambia: Renegotiation or Law Reform?John Lungu Review of African Political Economy, 2008, vol. 35, issue 117, 403-415 Abstract: Poverty levels in Zambia are historically associated with development in the mining sector. As long as the sector was performing well and enjoying high international prices for copper, the revenues to government were high and the government could afford the provision of, for example, public health. It is however paradoxical that in the current upturn of commodity prices, the Zambian government has not obtained sufficient revenues to enable it to provide the required public goods. Close scrutiny of the way the state‐owned mining company, Zambia Consolidated Copper Mines (ZCCM), was privatised in the late 1990s reveals that the agreements made between the government and the new mining companies were lopsided. As a consequence, the government has been unable to earn revenues to the same extent as countries like Chile prompting civil society to pressure the government to renegotiate the agreements. The government has, however, chosen the path of law reform to increase the taxation on foreign‐owned mining companies. Date: 2008 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:taf:revape:v:35:y:2008:i:117:p:403-415 Ordering information: This journal article can be ordered from DOI: 10.1080/03056240802411032 Access Statistics for this article Review of African Political Economy is currently edited by Graham Harrison, Branwen Gruffydd Jones, Claire Mercer, Nicolas Pons-Vignon, Aurelia Segatti and Ray Bush More articles in Review of African Political Economy from Taylor & Francis Journals |
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