Computing and Library Services - delivering an inspiring information environment

Putting privatisation into practice: the case of Zambia Consolidated Copper Mines Limited

Craig, John (2001) Putting privatisation into practice: the case of Zambia Consolidated Copper Mines Limited. Journal of Modern African Studies, 39 (3). pp. 389-410. ISSN 0022-278X

[img] PDF
Restricted to Registered users only

Download (210kB)


During the 1990s, African governments sought to translate their commitment
to privatise state enterprises into action. In doing so, they faced questions
concerning the form in which these enterprises would be sold, to whom and
on what terms. This paper examines the privatisation of Zambia
Consolidated Copper Mines (ZCCM) between 1992 and 2000. It argues that
the capacity of the Zambian government to determine the answers to these
questions was constrained by a number of factors, of which the most important
were the strategies pursued by potential purchasers, the demands of
donors and the ®nancial weakness of ZCCM itself.

Item Type: Article
Additional Information: UoA 39 (Politics and International Studies) © 2001 Cambridge University Press
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
H Social Sciences > H Social Sciences (General)
H Social Sciences > HD Industries. Land use. Labor
Schools: School of Human and Health Sciences
Related URLs:
References: Bank of Zambia. 1997. Annual Report. Lusaka: Bank of Zambia. Bennell, P. 1997. ` Privatisation in Sub-Saharan Africa: progress and prospects during the 1990s ', World Development 25, 11: 1785±803. Bull, T. 1994. `ZCCM: Corporate Confusion Multiplied', Pro®t, November: 31±40. Campbell White, O. & A. Bhatia. 1998. Privatisation in Africa. Washington, DC: World Bank, Directions in Development. Chadwick, J. 1993. `African Anglo American', Mining Magazine, November: 238±53. Chazan, N., R. Mortimer, J. Ravenhill & D. Rothchild. 1992. Politics and Society in Contemporary Africa. Boulder, CO: Lynne Reinner, 2nd edn. Cook, P. & C. Kirkpatrick. 1995. `The distributional impact of privatisation in developing countries: who gets what, and why', in V. V. Ramanadham, ed., Privatisation and Equity. London: Routledge. . Credit Lyonnais Laing. 1994. ZCCM ± Survive or Perish. London: Credit Lyonnais Securities, Mining Research International, 12 September. EIU. 1992. Quarterly Country Report on Zambia, No. 3, 1992, London: Economist Intelligence Unit. Holmes, J. A. 1996. `Anglo American Corporation's (AAC) views on the future of Zambia Consolidated Copper Mines', Zambia Economics Journal 1: 26±36.Morgan Grenfell. 1994. Africa Review, Issue 2. London: Morgan Grenfell and Co. Limited, Emerging Markets Equity Research, 14 November. NEDCOR Securities. 1995. Zambia Consolidated Copper Mines: ®ddling while Chile booms. London: NEDCOR Bank Limited, Mining Research, 9 March. Ramamurti, R. 1992. `Why are developing countries privatizing ? ' Journal of International Business Studies 23, 2: 225±49. Republic of Zambia. 1995. Consolidating Policy Reform for Economic Growth and Poverty Reduction. Report to the Consultative Group Meeting, Paris, December �„±�…th December �‰‰…. Lusaka: Republic of Zambia. Siddiqui, R. 1997. ` Privatisation in a transitional society : a Kenyan case study', in R. Siddiqui, ed., Sub-Saharan Africa in the �‰‰0s : challenges to democracy and development. Westport, CT: Praeger. Smith New Court. 1994. ZCCM. London: Smith New Court Securities, International Mining, December. Tangri, R. 1991. `The politics of state divestiture in Ghana', African Affairs 90: 523±36. UNCTAD. 1994. A Review of the Major Developments in the World Copper Market and Industry From �‰ˆ0 to �‰‰‚ and Future Prospects. Geneva: UNCTAD Secretariat, 8 February. Vuylsteke, C. 1988. Techniques of Privatisation of State-Owned Enterprises. Volume I. Methods and Implementation. Washington DC: World Bank Technical Paper No. 88. Young, R. 1991. ` Privatisation in Africa', Review of African Political Economy 51: 50±62. Zambia Consolidated Copper Mines Limited Annual Report, various issues.
Depositing User: Sara Taylor
Date Deposited: 18 Feb 2008 14:44
Last Modified: 28 Aug 2021 23:29


Downloads per month over past year

Repository Staff Only: item control page

View Item View Item

University of Huddersfield, Queensgate, Huddersfield, HD1 3DH Copyright and Disclaimer All rights reserved ©