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Top news items in major Zambian media outlets

Xinhua, October 3, 2016 Adjust font size:

The following are news highlights in Zambia's major media outlets on Monday.

-- Zambia's copper production is forecast to experience positive growth from 2017 onwards and this will provide a modest boost to the economy in the years ahead, an international think-tank has predicted in its latest macroeconomic report.

The Business Monitoring International, a research firm that provides macroeconomic, industry and financial market analysis, says it expects mining companies to begin raising production due to a gradual increase in copper prices and improved power supply.

It predicts copper production to grow by seven percent and five in 2017 and 2018 respectively after contracting by 10 percent in 2015.

Zambia, Africa's second biggest copper producer, saw production increasing to 711, 515 tons in 2015 from 708, 000 tons the previous year. (Zambia Daily Mail)

-- The United Nations Development Program (UNDP) has urged authorities in Zambia to industrialize rural areas in order to reduce prevailing economic inequalities.

UNDP Country Economist Elda Chirwa said the economic inequality gap in the country should be reduced, adding that there was need for the promotion of public private partnerships in the development of rural areas.

Zambia, he added, should explore its abundant natural areas in rural areas to support industrialization.

The 2016 Zambia Human Development Report shows that the country's Human Development Index value increased from 0.42 in 1980 to 0.86 in 2014, but the country recorded the highest inequalities in life expectancy, education and skills differentiated by sex and geographical locations, which have contributed to relatively poor progress. (Times of Zambia)

-- The Insurers Association of Zambia (IAZ) said lack of adequate sensitization and education on insurance has contributed to the poor insurance culture among Zambians.

According to statistics, only 2.8 percent of the total adult population in Zambia are insured while about 42 percent have no idea about insurance.

Kambole Chituwo, the association's information officer, said there was need for accelerated sensitization programs so that citizens can understand the benefits that come with insurance. (Daily Nation) Endit