Wed, 10 Jan 2018 13:21:06 +0000 …. as the red metal is expected to hit $7,720 in 2019 By BUUMBA CHIMBULU RISING copper prices signify that the Zambian economy is headed for a more positive growth this year with projected Gross Domestic Product above 3.5 percent, says economist Lubinda Haabazoka. Dr. Haabazoka, an economist, said the prevailing high copper prices meant that the economy would rebound in 2018 and 2019 respectively. “This is something we should be happy about because looking at the trends around the world and what has been obtaining in Zambia, negative outlook was passed on Zambia’s economic growth but the indicators so far point to the fact we might the economy will pick up and eventually post a growth this year above 3.5 percent,” he said. He, however, said in an interview that the economic rebound would also be supported by other drivers of the economy such as retail and agriculture […]
