“Nothing contributes so much to the prosperity and happiness of a country as high profits”, said David Ricardo, a British economist in the early 19 century. This maxim over 200 years ago, on the face of it, should hold up in the economic times that Zambia is enjoying today. The economy has been kick-started by a staggering increase in copper prices, driven by a combination of Chinese demand and global shortage in supply....
Download the pdf (267 KB):