UNIVERSITIES
Education providers are all expanding their offerings, either through new facilities or new partners, to give their students a stronger foundation on which to build.
Since 2010, we have diversified our educational offerings, and now courses such as law, medicine, business, and IT are available to all our prospective students. We have diversified to match demand, specifically in medicine. Once we receive certification, LIUTEBM will proceed with the development of a medical school, which will have branches dealing in surgery, physiotherapy, and pharmacy. Public medical universities in Lusaka have not managed to keep up with increased admissions applications, which enabled us to edge into the market and target this growing sector of interest. We have seen an impressive increase in admissions since our establishment, growing from just four students in 2010 to more than 350 in 2015. This growth is something we attribute to the high performance of our graduates, who subsequently attract others to join the same system. Because of our rapid expansion, we need to develop facilities that can cope with this and have applied for approval from regulators, as well as extra financing from investors.
Our programs have been accredited not just in Zambia but also internationally, and are attracting more and more students from overseas. In 2014, our student numbers totaled 4,300, and now we have 6,500. Second, we have opened our Leopards Hill campus, which houses the law school and an examination hall. Third, we are branching out into the medical field and will offer medicine, pharmacy, and nursing programs. Fourth, we have been broadening our portfolio of post-graduate courses, with a new executive MBA program in leadership and wealth creation. The first group will graduate in March 2017. This year we also intend to commence construction of our student accommodation at our main campus, due to begin in April 2017. The project, which should take about a year to complete, will be done in phases. We also prioritize internships and work experience and training. We want to engage with industry a lot more as a university because this is where our products end up.
Everything we do at ZCAS is business related and our programs are related to accountancy, finance, business administration, entrepreneurship, ICT, and economics. At the end of 2016, we registered our private university, ZCAS University, which became active in 1Q2017. All our programs with UNZA are undergraduate but in our new ZCAS University we are starting off with 17 programs, of which 12 are undergraduate and five are post-graduate. We have cemented our partnership with the University of Greenwich in the UK, and it has worked well. However, with our partnership with the University of London, our students struggled with the program largely because of the differences in criteria for application. ZCAS also started a partnership with Lancaster University, offering a global MBA program, but we terminated the program because it was unaffordable for Zambian students. We are in the process of building new partnerships for ZCAS University that will be looking more toward research and exchange types of collaboration.
When Cavendish University was founded in 2004, it was the first private university in the country. It began with a School of Business, and later added the Institute of Education and Research Development, School of Law, and Medical School. In 2014, Cavendish University Zambia majority shareholding was acquired by Maarifa Education, which is based in Mauritius. The School of Medicine has been operating from a small campus with outsourced laboratory facilities but, in late 2016, Maarifa signed a long-term lease agreement to use modern purpose built-facilities that were initially meant to house University of Southern and East Africa (UNESA). The Medical School moved to UNESA facilities in January 2017 and the campus has been renamed Cavendish University Zambia Long Acres Campus. Construction of laboratories for Foundation and Pre-Clinical courses has commenced and occupation of the new labs is scheduled for August 2017.
UNIVERSITIES
TABLE OF CONTENTS
Year In Review
What A Year
Zambia has long been a bastion of stability in Southern Africa, and while its economy has been rocked in recent years by the falling value of copper prices, a devaluating kwacha, and high inflation, through the Economic Recovery Program the government has bold ambitions to right the ship.
read articleReview
Convoke, Confound & Collect
Squeezed between a rock and a rather hard place by the slowdown in Chinese demand for copper, by far Zambia's biggest export and government-revenue generator, President Lungu has been forced to get creative in his country's alliances to broaden revenue streams and lessen its dependence on the vagaries of one foreign market.
read articleGuest Speaker
Dr. Stergomena L. Tax, Executive Secretary, Southern African Development Community (SADC)
TBY talks to Dr. Stergomena L. Tax, Executive Secretary of the Southern African Development Community (SADC), on regional economic development, boosting pan-continental free trade agreements, and improving security through mutual development.
read articleInterview
Susan Sikaneta, Ambassador, Zambia to Ethiopia & Permanent Representative to the African Union and Economic Commission for Africa
TBY talks to Susan Sikaneta, Ambassador of Zambia to Ethiopia & Permanent Representative to the African Union and Economic Commission for Africa, on championing peace across the continent, advancing women's rights, and promoting Pan-Africanism.
read articleInterview
Sebastian C. Kopulande, CEO, Zambian International Trade & Investment Centre (ZITIC)
TBY talks to Sebastian C. Kopulande, CEO of Zambian International Trade & Investment Centre (ZITIC), on taming austerity, stimulating sustainable growth, and creating the framework to support entrepreneurship
read articleFocus: Zambia Plus
Adding it All Up
On October 20, 2016, at the 2017 Budget Address, Finance Minister Felix Mutati launched the government's economic recovery program, christened "Zambia Plus." The program is designed to spur domestic productivity, through strengthening ties and collaborating with external donors and developers.
read articleReview: Banking
Macroeconomics Rule the Roost
In its ongoing efforts to diversify away from one principal commodity, copper, the government fosters the development, standardization, and efficacy of the private sector. In doing so the systematic support of the financial universe, especially banks, is vital, as is the goal of financial inclusion.
read articleFocus: SME Growth
IMF support program
An IMF support program stands to provide Zambia with some much-needed discipline on its expenditure and operational efficiencies; however, many caution the need for Zambia to determine what it wants to achieve and how the program will benefit the country.
read articleInterview
Christabel M. Banda, Executive Director, Insurers Association of Zambia (IAZ)
TBY talks to Christabel M. Banda, Executive Director of Insurers Association of Zambia (IAZ), on the evolution of the local insurance landscape, raising awareness, and tackling challenges in the sector.
read articleFocus: Solar
Sunny Side Up
As power demand continues to rise and power production continues to fall behind, it's the same old story for Zambia, still wrestling with an ongoing energy crisis. Public- and private-sector drives are seeking to mitigate this deficit by activating the country's solar industry.
read articleInterview
Margaret K. Chalwe-Mudenda, Director General, Zambia Information and Communications Technology Authority (ZICTA)
TBY talks to Margaret K. Chalwe-Mudenda, Director General of Zambia Information and Communications Technology Authority (ZICTA), on new projects, the ZNDC, and expectations for the year ahead.
read articleInterview
Hon. Dora Siliya, Minister, Agriculture
TBY talks to Hon. Dora Siliya, Minister of Agriculture, on the investments being made in agriculture to enable agricultural households, diversifying Zambia's basket of produce, and making international markets more accessible for local producers.
read articleInterview
Hon. Charles R. Banda, Minister, Tourism and Arts
TBY talks to Hon. Charles R. Banda, Minister of Tourism and Arts, on the wealth of tourism destinations within Zambia, efforts to bring more visitors to the country, and what the Tourism Development Fund will contribute to developments.
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