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The factors boosting commodity prices such as copper, uranium, gold, cobalt, sugar, etc. are likely to continue, keeping those prices up …

The good times are here to stay in the short to medium term. Sugar is in high demand in the European Union and Nakambala can reap high returns from this. 

The price of gold, South Africa’s biggest export, has surged 16 percent this year, helping to underpin the currency for instance.  Copper has climbed 25 percent, benefiting Zambia, Africa’s biggest producer of the metal.

Overall, Sub-Saharan Africa is benefiting from rising prices of gold, oil and copper, helping the region’s economy expand an estimated 6.8 percent this year, from 5.5 percent last year. The challenge now is for countries like Zambia that are dependent on commodity exports to properly “manage” the commodity boom.

If we respect the truth, then we need to admit that commodity boom phases have not been managed well in the past, and we are at risk of making the same mistakes again. The main factors underpinning commodity prices were strong demand for platinum in devices that cut pollution in cars and rising demand in China and other emerging markets.

Still, commodity prices might drop, hurting growth in some African countries. To assume that current prices and the current boom phase reflects a permanent shift, rather than a temporary opportunity, would be a naive and risky approach to adopt. 

If our analysis is correct, then the slump will come and it will bring with it a significant decline in commodity prices but prudent asset management now would help governments that are diversified enough to transition into manufacturing, construction and service sectors.

 

 

 

However, with norminal GDP rising from $3.24 billion in 2000 to well over $10.71 billion in 2006; per capita GDP income thriving from $303.00  in 2000 to $902.00 in 2006; inflation falling from 26.1% in 2000 to just 9.2% for fiscal year 2006; tourism at its highest peak and a combination of other factors … the Zambian Enterprise is headed for some good times, that’s the memo this week from us at the Zambian Chronicle … thanks a trillion

 

Brainwave R Mumba, Sr.

CEO & President – Zambian Chronicle  

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For all qualified Zambians in the Houston area, new job opportunities coming …

Lafarge is the world leader in building materials, with top ranking positions in all three of its businesses: Cement, Aggregates & Concrete & Gypsum.  

Whilst operating in 76 countries and employing 80,000 employees, Lafarge is the only company in the construction materials sector to be listed in the 2006 “100 Global Most Sustainable Corporation in the world”. 

9% of the total Lafarge workforce is employed across Africa. Lafarge is committed to attract, develop and retain the best people to achieve a major step change in results as well as to promote international career opportunities for high potential African employees throughout the Lafarge Group. 

Lafarge will be attending the Careers in Africa Recruitment Summit scheduled to take place in Houston, Texas on 16-18 November 2007 where they will be interviewing for the following roles in Zambia:

1. Chemist

http://africa-summits-us.globalcareercompany.com/jobDetails.asp?sJobIDs=367806&lCategoryID=&lLocationID=6460&stp=S2&sLanguage=en  

2. Works Chemist

http://africa-summits-us.globalcareercompany.com/jobDetails.asp?sJobIDs=367805&lCategoryID=&lLocationID=6460&stp=S2&sLanguage=en   

3. Mining Engineer

http://africa-summits-us.globalcareercompany.com/jobDetails.asp?sJobIDs=367803&lCategoryID=&lLocationID=6460&stp=S2&sLanguage=en  

4. Mechanical Execution Engineer 

http://africa-summits-us.globalcareercompany.com/jobDetails.asp?sJobIDs=367801&lCategoryID=&lLocationID=6460&stp=S2&sLanguage=en

5. Process Engineer

http://africa-summits-us.globalcareercompany.com/jobDetails.asp?sJobIDs=367800&lCategoryID=&lLocationID=6460&stp=S2&sLanguage=en

6. Projects Engineer (Civil/Electrical)

http://africa-summits-us.globalcareercompany.com/jobDetails.asp?sJobIDs=367799&lCategoryID=&lLocationID=6460&stp=S2&sLanguage=en

7. Mechanical Engineer

http://africa-summits-us.globalcareercompany.com/jobDetails.asp?sJobIDs=367798&lCategoryID=&lLocationID=6460&stp=S2&sLanguage=en

8. Electrical Engineer

http://africa-summits-us.globalcareercompany.com/jobDetails.asp?sJobIDs=367796&lCategoryID=&lLocationID=6460&stp=S2&sLanguage=en

Interested candidates are invited to apply online before October 5th 2007.  

We would be very grateful if you could forward this email to your Zambian contacts who may be interested in interviewing with Lafarge at the Summit and/or provide us with contact details of people who could help us communicate about the Lafarge career opportunities to interested Zambian parties.  

Best regards,

Njambi   – – – – – –

Njambi Ngunjiri
Sourcing Manager
 Global Career Company Ltd
LG17 Shepherds Studios
Rockley Road
London W14 0DA

Tel: +44 (0) 207 348 9097
Fax: +44 (0) 207 348 9192
Email: njambi@globalcc.net