The Post are reporting that Zambia collected $4bn in taxes last year. Either the author was drunk at the time of writing or Fundanga was drunk when he was being interviewed. I rule out the possibility that both were sober throughout the process. Read more here.

The New Zambia blog discusses the recent surge of the local currency. There are fears that this is sign of a Dutch disease: the country's industrial structure could be significantly shifted towards natural resource extraction as exchange rates make other exports impossible. Also, it is hypothesized...

An interesting fact sheet on migration and remittances.

The IMF has agreed a new three-year financing package to help Zambia cut poverty and the country could borrow up to $150 million per year and still sustain its debt position, officials said on Thursday. Finance Minister Ng'andu Magande and the International Monetary Fund said in separate statements...

An International Monetary Fund (IMF) mission to Zambia, led by Mr. Francesco Caramazza, released the following statement in Lusaka today: "An IMF mission visited Zambia during February 13-27, 2008 to continue discussions on an economic program that could be supported by the IMF. The mission met...