FANDOM


Republic of Zambia

Flag of Zambia Coat of Arms of Zambia
Motto
One Zambia, One Nation
Anthem
Stand and Sing of Zambia, Proud and Free
Map of Zambia
CapitalLusaka
Government Republic
President
- From 2008Rupiah Banda
Legislature National Assembly
History
October 24, 1964Established
Commonwealth accessionOctober 24, 1964
Area752,618 km²
Population
- 200912,935,000
 Density17.1/km²
GDP2009 (PPP)
- TotalUS$ 19.9 billion
- Per capitaUS$ 1,541
CurrencyZambian kwacha
Flag of None Northern Rhodesia
v

The Republic of Zambia is a republic in Southern Africa.


Background

The territory of Northern Rhodesia was administered by the [British] South Africa Company from 1891 until it was taken over by the UK in 1923. During the 1920s and 1930s, advances in mining spurred development and immigration. The name was changed to Zambia upon independence in 1964. In the 1980s and 1990s, declining copper prices and a prolonged drought hurt the economy. Elections in 1991 brought an end to one-party rule, but the subsequent vote in 1996 saw blatant harassment of opposition parties. The election in 2001 was marked by administrative problems with three parties filing a legal petition challenging the election of ruling party candidate Levy MWANAWASA. The new president launched an anticorruption investigation in 2002 to probe high-level corruption during the previous administration. In 2006-07, this task force successfully prosecuted four cases, including a landmark civil case in the UK in which former President CHILUBA and numerous others were found liable for USD 41 million. MWANAWASA was reelected in 2006 in an election that was deemed free and fair. Upon his abrupt death in August 2008, he was succeeded by his Vice President Rupiah BANDA. BANDA went on to wing a special presidential election in October 2008 and in 2009 oversaw the dismissal of corruption charges against CHILUBA.[1]

Economy

Zambia's economy has experienced strong growth in recent years, with real GDP growth in 2005-08 about 6% per year. Privatization of government-owned copper mines in the 1990s relieved the government from covering mammoth losses generated by the industry and greatly improved the chances for copper mining to return to profitability and spur economic growth. Copper output has increased steadily since 2004, due to higher copper prices and foreign investment. In 2005, Zambia qualified for debt relief under the Highly Indebted Poor Country Initiative, consisting of approximately USD 6 billion in debt relief. Poverty remains a significant problem in Zambia, despite a stronger economy. Declining world commodity prices and demand slowed GDP growth in 2008, but a sharp rebound in copper prices and a bumper maize crop helped Zambia recover. Lack of economic diversity subjects Zambia to fluctuations in copper prices and in the weather.[2]

President

  • Rupiah Banda () (June 29, 2008 - )



Nation

Zambian Polities

Neighbouring Nations

References

  1. The CIA World Factbook: Introduction - Background
  2. The CIA World Factbook: Economy - Overview

Ad blocker interference detected!


Wikia is a free-to-use site that makes money from advertising. We have a modified experience for viewers using ad blockers

Wikia is not accessible if you’ve made further modifications. Remove the custom ad blocker rule(s) and the page will load as expected.