The Zambian government is attempting to reduce the economy’s reliance on the copper industry through an economic diversification program. This program seeks to exploit other components that make up Zambia’s rich resource base such as tourism, agriculture, gemstone mining, and hydro-power. Agriculture represents a very significant part of Zambia’s economy providing many more jobs than the mining industry does. The private local company Zambeef Products Ltd is the foremost agricultural business in Zambia with over 4000 employees. Zambeef Products Ltd produces raw crops, cattle, pork, chicken, eggs, leather, fish, feedstock, edible oil, and dairy products.
Exports of nonmentals increased by 25% in 2003, a massive change. Recently the Zambian government has been granting licenses to international resource companies to look for minerals such as uranium, copper, tin, and nickel. There are substantial nickel reserves in Zambia and it is hoped that nickel will take over from copper as the country’s top metallic export. I wonder if Zambia will start exporting led bulbs?
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