Showing category "Commerce" (Show all posts)

The flood of second car imports: Good news & bad

Posted by Charles Mafa on Friday, October 4, 2013, In : Commerce 

By Charles Mafa

Last year, 66,000 secondhand vehicles were imported into Zambia, mostly from Japan. That averages out at 180 used vehicles coming into the country each and every day. These cars and trucks then add to the estimated total of more than 427,000 vehicles already here – and that figure does not include the thousands of vehicles registered as belonging to government.

In Japan, thousands of used vehicles constantly become available for re-sale because of a strict and very hi...

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The Good, the Bad and the Chinese

Posted by Charles Mafa on Thursday, October 4, 2012, In : Commerce 

China’s voracious appetite for natural resources has driven a boom of investments and aid to African countries. In the Southern African country of Zambia, Chinese companies are building roads, hospitals, sports stadia as well as reviving copper mines abandoned in the country’s Copperbelt region.

The Chinese have also chosen Zambia as the place to set up its first out of five free trade zones in Africa. The Chambishi multi-facility economic zone on the Copperbelt is anchored by a 200 m...

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