Zambia’s economy is
expected to grow 6.5 per cent this year and 6.6 per cent next year on
the back of a rally in copper prices and improvement in agriculture, a
Reuters poll of 12 economists showed on Thursday.
“We expect copper
prices to remain elevated due to sustained global demand, particularly
from China,” said Gregan Anderson, analyst at the London-based Business
Monitor International.
Copper prices have
rebounded since the lows of 2008, gaining more than 200 per cent on the
London Metal Exchange since the end of 2008, boosted particularly by
demand from China and other emerging economies.
