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by Pamela Nakamba-Kabaso and Caesar Cheelo
For many Zambians today, an IMF-aid deal must feel like being forced to live and share quarters unwillingly with a foe. Those who are old enough to recall the Structural Adjustment Programmes (SAPs) of the 1980s and 1990s often recount how the stringent conditionalities of the IMF and the World Bank brought untold hardships and misery to Zambia.
Without a home grown economic recovery plan supported by an IMF loan there will be significant adverse consequences for Zambian households and the Zambian economy, says the Zambia Institute for Policy Analysis and Research (ZIPAR) in a policy paper published today.
By Mwanda Phiri and Francis Ziba
Zambia's economic liberalization in the early 90s provided a gateway for the entry of foreign supermarket chain stores. In 1995, Shoprite pioneered the way into the unsaturated retail space and gained first-mover advantage which led to its dominance.
Malindi Msoni & John Mututwa
The Minister of Finance, in his 2017 National budget address to the National Assembly, made reference to the Government’s commitment to scale-up social protection programmes, to shield the most vulnerable in society from the negative effects of the Zambia Plus economic recovery programme.
By Gibson Masumbu
Government has indicated that it will remove subsidies in line with its quest to attain fiscal consolidation. Government has been providing subsidies that cover farmer input support, electricity and fuel consumption. Government has however also indicated that the removal of subsidies will be done gradually to mitigate adverse impact on the poor.