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Chibamba Kanyama authors book on FDI in the SADC region

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File:Lusaka economist Chibamba Kanyama talking to young people during a youth conference in Lusaka

Zambian author, Chibamba Kanyama, has written a book entitled, ‘Determinants for Foreign Direct Investment in the Southern African Development Community’ with a particular focus on Risks and Opportunities. The book has been developed from a manuscript submitted by the author during his Master of Science research at the University of Reading in the UK in 2001. A German publishing company has identified the manuscript as having great potential for a global market and has offered to publish it as a monograph.

Speaking about the book, that will be distributed worldwide sometime early this year, Mr Kanyama said that he was happy that his manuscript has been found good enough to be published into a book. He added that the book will be highly relevant for Zambian policy makers who need to fully comprehend the dynamics of FDI in the country and how to engage with foreign investors in an informed manner.

The book, whose foreword is written by Professor Kenneth Mwenda of the University of Pretoria, examines real-life challenges to FDI in the SADC region such as the competitive weaknesses of individual countries, political and economic risks as well as the concentration of FDI in non-value adding sectors. The book further examines the opportunities linked to FDI in the SADC, most of which are associated with privatization programmes and investments in human capital and infrastructure.

The book begins by offering perspectives on the global trends pertaining to FDI before examining contemporary theory relating to the determinants and benefits of FDI to host countries. The focus of the book is in examining FDI trends in the SADC region, and provides valuable insights into the sectors that have attracted FDI most. In addition, notable deterrents to FDI are highlighted, and the author pursues a thesis that centers on the competitiveness of individual SADC Member States in attracting FDI.

The author also critically analyses some FDI policies, statutory codes and incentives in some SADC Member States such as Zambia before examining the issue of deregulation as a possible means to enhance private sector participation in the region.

‘Determinants for FDI in the SADC’ is Chibamba Kanyama’s third book after Business Values for Our Time and Achievement Values for Young Adults published in 2010 and 2011 respectively.

31 COMMENTS

  1. Go!Go!Go! You are my role model. European publishers have set up strong networks to idenfity outstanding works from leading European universities. They look for those they believe can sell. Ensure you get a full reward for your works. Business Values and Achievement Values are of international quality; well researched books and I advise you publish them on Amazon!

  2. How I wish ALL Zambian young people can access Achievement Values for Young Adults! Its a pity the reading culture in Zambia is terribly weak. The book is a diamond.

  3. I am begining to take Chibamba seriously, always suspected that he was up to something political,always in the media.Congrats badaala,atleast you have proved the man at plot 1 that you are not a fake economist.

  4. If this is Lambert publications, then i have no comment because they are not a quality production company. They accept thesis as-is without peer review.

  5. @Kaka,

    Lambert publications generally go for top notch manuscripts; this is because they do not subject them to peer reviews. They have a good market in ‘academic’ bookshops worldwide. I am sure these are the ones who have selected/spotted Chibamba’s dissertation.
    @Ugly Truth, I agree with you. Chibamba ‘s one guy who has built his own profile. He has always been a sharp guy, and thinks fast with anything relating to Maths. He will make a huge mistake if he joins politics.

    • they wanted to publish my PhD before i could even submit it for peer review. where i work at the University of Botswana, staff are not allowed to publish with them.

  6. The issue of FDI needs to be discussed at length within the Zambian context. Telecoms were the key drivers of FDI in the SADC 15 years ago, and Zambia almost experienced another drive in FDI through LapGreen. The recent comments by Bob Sichinga about nationalisation were not in tune with the message being communicated by other SADC countries. Zambia is not that competitive and it is suicidal to think that taking away the privatised companies can boost economic growth.

  7. @Ugly Truth,
    I took Chibamba seriously many years ago. He is well accompalished. Am not sure if his book lumps Chinese investment with the rest. Chinese FDI has nothing to do with common determinants ie economic and political stability, etc. If the book contains no Chinese FDI, then it is overtaken by events; better do a second edition before it hits the bookshops.

  8. @Kaka, by the way, Lambert may not subject a manuscript to peer review but they have a very strong editorial team that reviews all works before they are published. That is why they usually come to you than you going to them.

  9. I pray Chibamba is not tagged with the concept of TongaBull. He is a Zambian and thank God even his names are of no tribal identity. His Creating the Future conferences represent the dream of Zambia where we use our levergaes to support aspirations of all Zambians. Iam a Tumbuka girl but a befeficially of Teen Vision.

  10. I pray Chibamba is not tagged with the concept of TongaBull. He is a Zambian and thank God even his names are of no tribal identity. His Creating the Future conferences represent the dream of Zambia where we use our levergaes to support aspirations of all Zambians.

  11. I pray Chibamba is not tagged with the concept of TongaBull. He is a Zambian and thank God even his names are of no tribal identity.

  12. chibamba the journalist enjoys working hard on publishing thoeries and spends alot of time on media, other than the actual work,we wonder if ZB is even benefiting by keeping the man there especailly in that huge capacity of corperate affairs DIRECTOR.

  13. U r quite an inspiration 2 almost all zambian.we need more of such life oriented leaders who look at the empowering all,young or old.help in establishing our nation zambia nd building a future that will cement what is being impacted now…go zambia by Gods grace

  14. The effort of Chibamba Kanyama, a journalist turned into author on economic business activities in southern Africa deserve commenadtion. Mr Kanyama ventures into areas where Zambian economic orthodox ‘gurus’ have shuned to write about recentry. In particular, the area of FDI Chibamba is attemting to inform the region that has been the catalyst dedrock of economic development in Africa if not, the entire developing world. However, recently most developing countries have been baptised with new trends of conditionalities as determinants of the flow of FDI. A plathora of these factors are based on the ever changing ‘Geo-political landscape and the emerging democratic dispensation across the globe.

  15. The dire economic pressure hoovering over the developed countries of Europe and America is/will play a mojor role in these determinig factors. These changing economic factors has put pressure on donors to account with due deligence every foreign aid resolved in their house of parliament. It is therefore not only the attitude of economic challenges these parliamentarians have to deal with, but ethical and cultural dispositions to go in tandem with FDI. This leads to what Chibamba seem to suggest in reference to Risks and Opportunities of FDI. We are yet to see the overall picture once the book is out but these issues have been dealt competently by Dr Dambiso Moyo in her book on the failed Donor Aid, where she has argued fairly well to win the views of IMF and World Bank that change is now

  16. innevitable to administer aid more effectively through altenative methods. These compelling changes seem to overtake the argument Chibamba is trying to present in his case on FDI in Southern Africa. For example, conditionalities of Human Rights attached to donor aid have become ‘big issues’ if not ‘hot issues’ in recepient countries of this aid. Only yesterday 5/02/2012 British Guardian Papers reported about India an emerging economic giant in Asia having to refuse donor aid on account of unable to consent to a conditinality attached to aid. Closer to home in Africa Uganda, Ghana, Malawi even Zimbabwe does not want aid to impinge on its moral values.Nontheless, some elements of truth remains that require close analysis. The book has come in the heat of the debate.

  17. @Chinyama, did you know that Multinationals target influential people for positions of Corporate Affairs Director? You will never be near that appointment in your lifetime if you have that mentality. In Botswana, Uganda the corporate affairs directors are former ministers and/or MPs. At Delta in Zim, it is a prominent lawyer! In SA, a PhD holder and former university lecturer. Read SABMiller profiles to understand. These are personalities with very high profiles and they must command policy direction of a country. That is what Chibamba is paid to do. Just check South African Breweries; Corporate Affairs website.

  18. Well said JJP. The best job in a multinational is corporate affairs; you are paid for stakeholder/public/government engagement. That engagement involves writing books where you influence policy and individuals think good of the company. Economists are generally employed for the job because of the level of engagement and tax issues ie Lumwana, Kasanshi, Zambia Sugar, Airtel, Lafarge, ZB, First Quantum, Standard Chartered

  19. Excellent news! Chibamba has always been a role model in many respects. I remember how good he was at school and I had no doubt he would do well for himself in life. He was my House Captain and was one of the top 3 students in terms of educational achievements in secondary school (sorry, a bit out of topic, but I thought that would not go amiss in order to hi-light his abilities). I can only wish him well for the future and we need plenty more Zambians of similar calibre as we move our nation forward. Bravo Fellow!

  20. @3 Muskteers, You sign off with ‘Bravo Fellow’. Did you know Chibamba’s elder brother, the jovial guy with American accent at UNZA, was ‘Fellow Kanyama’? He was more handsome than Chibamba (sorry CK)!
    and #15, Chinyama, your near-name-sake could not be at ZB this long if the company thought the way you do. Just having Chibamba in their ranks is good for the business…and Muna Dekhane, you seem to understand the dynamics of FDI very well. Wish I can have your email for am researching on the same for Ministry of Commerce.

  21. #22 good mature comment. Keep up the good work Chibamba Kanyama. Zambia has the best minds but ubupuba bwalichilamo…..there are countless Zambians especially in diaspora doing ever so well…how I wish all would one day decide to go back home and help in rebuilding the nation that we so dearly love. Good job guys!!!

  22. Please assist, where is that man with the smile always and heavy american accent, chibamba’s elder bro. Havent seen him since 92?

  23. Chibamba Kanyama is a great guy! There are very few Zambians of his calibre! Just as there are very few Zambians of Mr. Hichilema`s calibre. Good luck Chibamba with your book.

  24. Its true we also need to know where comrade fellow is there is no news. I remember he is one person with alot of faith. One time he was saying he had alot of spiritual authority over demons to the extent of being capable of commanding them to get in a football pitch to play football while he watches!

  25. Thanks for another magnificent article. Where else may just anybody get that kind of information in such a perfect method of writing? I have a presentation next week, and I’m on the look for such info.

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