Trevor Simumba's Page

It is well recognised that developing countries need to unleash the potential of the private sector by promoting entrepreneurship, creating a sound enabling environment for doing business and helping entrepreneurs connect to new global markets.

However a number of shortcomings in the Aid for Trade agenda inhibit the role of the private sector. These include:

1.A failure to prioritise trade support activities and to mobilize the resources needed for them. Minimal resources are often spread wafe… Continue

In "Advice to a Young Tradesman," Benjamin Franklin the great American Economist, Diplomat, and Entrepreneur wrote, "In short, the way to wealth, if you desire it, is as plain as the way to market. It depends chiefly on two words, industry and frugality; that is, waste neither time nor money, but make the best use of both. Without industry and frugality, nothing will do, and with them everything."

These immortal words ring ever so true now in this age of unbridled consumption culture based on d… Continue

Paper presented to a Workshop on Translating Future Commodity Revenues into Development in Zambia Sherborne Guest House, 9th May 2008, Kitwe Zambia. By Trevor Simumba, EAZ Member

INTRODUCTION

Oil and mineral commodity prices have been undergoing a strong and steady rise on international markets. The key factor is the fast increasing demand from China and from the rest of Asia. About 50 developing or transition countries are resource dependent, and 2/3 of world’s most impoverished live inside t… Continue