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Zambia

2008 Indicator Analysis


Data Year

2008

Report Published Indicator Analysis

2011

Commodities
Copper, Nickel, Cobalt, Gemstones, Gold, Limestone, Coal
Current EITI Status
Candidate

Report Quality Analysis



Report Compiled by   PricewaterhouseCoopers Ltd.

EITI report   Download PDF

Source   zambiaeiti.org.zm



Company Payments

$462,994,300

Government Receipts

$459,714,041


GDP, 2008 BILLION $ source

14.71

Total Government Revenue (% of GDP)

22.31

Reported EI Revenue
(% of Total Revenue)

14.01



CommodityEITI Production VolumesUnitsIndep. Source Production VolumesUnitsPrice from EITI ReportPer UnitIndep. Reference PricePer UnitTotal Company PaymentsTotal Gov't ReceiptsNotes
Copper600,000mts583,000mts 13,000.00$/mt6,944.56$/mt 1 2
Nickel
 
tons751tons 121,104.00$/ton 1$12,912,376$5,042,061 3
Cobalt6,900mts 183,246.55$/mt 1 2
Gemstones
 
$624,392$431,083
Gold 1,930kgs 128,083.68$/kg 2
Limestone
 
mts2,000,000mts 1$15,866,717$23,582,469
Coal
 
mts220,000mts 1133.23$/mt 4$53,242$829,949
1 USGS
2 Disaggregation by commodity not possible (some companies produce several commodities)
3 Estimates of nickel production found on p.42.3 of USGS 2008 Minerals Yearbook Zambia
4 BPSR
   EITI report failed to provide this commodity-specific data.

Report Quality Indicators

1. Regularity

a) score.50 
b) total reports / implementing years1/2 

2. Timeliness

Lag between fiscal year of data and publication year.3 

3. Materiality

Report clearly defines a materiality threshold.No  

4. Data Reliability

Report contains audited data from:  
a) companiesYes  
b) governmentYes  

5. Coverage

Revenue data includes the following revenue streams:  
a) royaltiesYes  
b) taxesYes 
c) surface, rental or license feesYes 
d) bonusesNo  
e) state-owned enterprise (SOE) paymentsYes Includes information about payments from companies to ZCCM-IH, and payments from ZCCM-IH to the government. ZCCM-IH is 87% government-owned.
f) Report covers all extractive sector companies.No 14/16 companies reported.
g) Report states the price of any product received or sold by government.Yes Copper prices only.
h) Report states the quantity of resources produced.Yes Rough estimate for copper only.

6. Discrepancies

Report contains:  
a) information on the cause of revenue discrepancies.Yes  
b) reconciled data following the correction of discrepancies.Yes While it appears reconciliation has taken place, the report does not provide reconciled totals of government receipts and company payments.

7. SOE Revenue Flow

SOE Revenue Flow data is clearly explained in the report.Yes  

8. Disaggregation

Report provides financial data on individual:  
a) companiesYes  
b) revenue streamsYes  
c) projectsNo  
d) commoditiesNo Company data allows some disaggregation by commodity.

9. Comprehensibility

Report contains:  
a) a summary with key findings and revenue totalsYes 
b) clear indication of what currencies and units of measurement are used Yes 
c) written explanation of key findings and recommendationsYes  
d) a clear definition of termsYes  

10. Accessibility

Report is available:  
a) in at least one official languageYes  
b) on a government websiteYes 

Related Indicators

Revenue Watch Index, 201041.2 
Corruption Perception Index, 2010 101/178 
Open Budget Survey, 201036 



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