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The 3rd of 3 quick trips to Zambia to explore the legal market and its opportunities. This time with Jonas Zimba.

Recently PWC reported this about Zambia:

“The PwC 2024 Economic Review and 2025 Outlook offers a comprehensive analysis of the challenges and triumphs that have shaped Zambia’s economic landscape over the past year. The country’s economic resilience and adaptability have been tested, as Zambia has recently had to navigate energy and food shortages brought on by severe drought.

Suffice it to say that the impact of Zambia’s recent challenges on the citizenry—businesses and individuals alike—has been significant. The rising cost of living, coupled with constrained economic activity, has produced what can only be described as the perfect storm.

Despite these challenges, there is cause for some optimism. Debt restructuring has been substantially concluded, and there is the promise of recovery, driven by expected improvements in key sectors such as mining and agriculture, as well as continued growth in emerging sectors like information and communication technology (ICT) and tourism. Investment in various sectors of the economy have also increased significantly, and the results are expected to crystallize in due time.”

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We are heading to Zambia, a growing market and this is the first of a number of lawyers we interview.

We meet Mary Matupa, a dispute management strategist with training and experience in arbitration, mediation and construction. She is the Founder of iSettle a dispute resolution company based in Lusaka, Zambia and founded YMG Zambia in 2018 and served as its first Chairperson. She was the first YMG Ambassador for South African and an alumni of the 2020 -2021 ICC mentorship Programme.

The IDF reported “Real GDP has grown steadily, from 5.2% in 2022 to 5.8% in 2023, driven by wholesale and retail trade, agriculture, and mining and quarrying on the supply side and by household and corporate consumption on the demand side. Inflationary pressures persist, with inflation at 11.0% at the end of 2022 and 10.9% at the end of 2023, driven mainly by food, transport costs, and the nominal exchange rate. The monetary policy rate has targeted curbing inflationary pressures, with upward revisions from 9.5% in September 2022 to 11.0% in November 2023.

The fiscal deficit improved marginally, from 8.2% of GDP in 2022 to 6.6% in 2023, owing to higher mining sector revenue collections. The current account went from a surplus of 3.8% of GDP in 2022, on higher export volumes and prices and subdued imports of consumer goods, to a deficit of 1.1% in 2023. International reserves declined from 4.4 months of import cover at the end of 2022 to 3.4 months in November 2023, on account of the use of the Extended Credit Facility and Special Drawing Rights from the International Monetary Fund. Improved financial sector performance in 2023 was due to increased economic activity. The ratio of nonperforming loans to gross loans improved from 6.1% in 2022 to 5.1% in 2023. The primary capital adequacy ratio was strong, at 23% at the end of October 2023 and 22.7% at the end of December 2022, owing to increased retained earnings.

About 60% of the population lives below the national poverty line, a slight improvement from 58% in 2015. Poverty levels are much higher in rural areas (78.8%) than urban areas (31.9%). Unemployment remains high, at 13%, especially among youth (24.7%).”

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Brought to you by GRM Events - for more information, contact MD, Sue Smith on [email protected] 

As we continue our ambitious plans to use the 5 in 5 podcast to bring together the African Legal community as one, we reach Tanzania for the first time

Meet Amalia

Partner at Clyde & Co in Tanzania

Facts about Tanzania:

Geography: Tanzania is located in East Africa, bordered by Kenya, Uganda, Rwanda, Burundi, the Democratic Republic of Congo, Zambia, Malawi, and Mozambique. It also has a coastline along the Indian Ocean.

Economy and Agriculture: Tanzania’s economy is largely based on agriculture, with coffee, tea, tobacco, and cashew nuts being key export products. Around 70% of the population is employed in agriculture, making it vital to the country's economy.

Tourism: Tourism is one of Tanzania's fastest-growing industries, attracting visitors for its safaris, Mount Kilimanjaro, the beaches of Zanzibar, and other cultural and natural attractions.

The 5 in 5 - Africa's Not A Gamble podcast by GRM Group is a legal-focused series that aims to provide insights into the legal landscape across Africa. 

The podcast features interviews with attorneys from each of the 54 African countries, offering localised expertise and perspectives on the legal market, economic trends, and related topics. 

Each episode is structured around answering five key questions in five minutes, making it concise and accessible for listeners interested in the intersection of law, business, and regional developments in Africa.

This initiative reflects GRM Group's commitment to exploring and highlighting the diverse legal environments across the continent, fostering cross-border understanding and professional connections.

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Ghana’s economy is experiencing robust growth, positioning the country as one of Africa’s most dynamic economies in recent years. 

In 2024, Ghana recorded an impressive average real GDP growth rate of 6.3% for the first three quarters, with quarterly expansions peaking at 7.2% in Q3—the highest in five years—driven by strong performances in the industry, services, and non-oil sectors. 

While growth is projected to moderate slightly, major institutions such as the IMF and Fitch Solutions forecast GDP growth rates between 4% and 4.2% for 2025, supported by rising gold prices and resilient private consumption and investment. 

Despite challenges like elevated inflation and a high public debt ratio, ongoing fiscal consolidation, improved export performance, and a commitment to structural reforms are expected to sustain Ghana’s economic momentum and enhance its long-term resilience.

We are joined on the 5 in 5 by Juliet, General Counsel, Asante Gold Corporation

Click here to connect with Juliet 

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What the Micah Parsons/Dallas Cowboys trade saga can teach us in Legal Recruitment.

What can law firm leaders and senior legal recruiters learn from the Dallas Cowboys' shocking trade of generational NFL talent Micah Parsons to the Green Bay Packers? This episodes breaks down the entire saga: contract disputes, ego clashes, failed negotiations, and the devastating impact of losing elite talent. Discover practical lessons in communication, negotiation strategy, and talent retention tailored for legal professionals and executive search experts.

Learn why bypassing professional representation sabotages trust, how ego-driven decisions cost organisations their most valuable people, and get actionable strategies for retaining rainmakers and high-performing partners. Featuring insights on proactive talent management, transparent career paths, and building a culture that top lawyers want to join, this is essential viewing for anyone involved in law firm recruitment or leadership.

🔔 Subscribe for more legal industry insights, leadership strategies, and executive recruitment tips!

#LegalRecruitment #LawFirmLeadership #TalentRetention #Negotiation #ExecutiveSearch #NFLLessons #MicahParsons #Cowboys #Packers #LeadershipLessons #CareerDevelopment #LawFirmManagement #Rainmaker #PartnerRetention #LegalIndustry #BusinessStrategy

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🚨 Law firm partner profits are under unprecedented pressure — and the warning signs are everywhere. Global economic shifts, rising client expectations, new technology disruption, and aggressive competition are all converging on one outcome: law firm partner pay may be about to collapse.

If you're a law firm partner relying on today’s income levels, you cannot afford to wait. In this video, Rob Green (CEO of The GRM Group) breaks down:

✅ The hidden risks threatening your partner income today
✅ Why waiting for the "market to recover" could cost you dearly
✅ How global law firm economics are shifting faster than most partners realize
✅ Practical strategies you can implement right now to protect and future-proof your earnings

The reality is clear: inaction is the biggest risk. Now is the time to safeguard your income, diversify your opportunities, and prepare for the inevitable shakeup across the legal industry.

🎥 Watch to discover why acting today could mean the difference between thriving and going broke tomorrow.

👉 Don’t wait. Protect your future now.

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AI in Law: The Future of Legal Careers Explained in 8 Minutes

Description:
Artificial Intelligence is transforming the legal industry — from research tools and contract automation to career development and recruitment trends. But what does this mean for the future of lawyers, law students, and legal professionals?

In this quick 8-minute breakdown, we cover:
✅ How AI is changing law firm structures
✅ The skills future lawyers will need to thrive
✅ Opportunities AI creates in legal careers
✅ Why human insight remains irreplaceable

Perfect for law students, young lawyers, and anyone in the legal profession wondering how AI will impact their career.

📌 Subscribe for more insights on legal technology, recruitment trends, and the future of law.

#ArtificialIntelligence #LegalCareers #FutureOfLaw #LegalTech #AIinLaw #CareerGrowth

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Are you a law graduate or young lawyer struggling to break into the South African legal job market? 

In this candid episode, "The TRUTH about legal job market in South Africa," Rob Green sits down with two newly qualified lawyers, Isabella Mukhura and Mandla Ngidi, who share their real-life experiences navigating a tough employment landscape. 

Joining the discussion is legal recruiter Andiswa Njakazi, who offers expert insights into the current challenges facing both job seekers and law firms.

We dive deep into:

- The realities of finding your first legal job in South Africa
- The impact of economic pressures on law firm hiring
- How aspiring lawyers can stand out in a competitive environment
- Practical advice for graduates and junior lawyers

Whether you're a law student, recent graduate, or simply interested in the future of legal careers in South Africa, this conversation sheds light on what’s really happening behind the headlines.

Subscribe for more honest conversations, career tips, and industry insights.

#legaljobs #careeradvancement #SouthAfricaLaw #lawcareers  #legalindustry  #lawfirms #Graduates #jobsearch #LegalRecruitment #younglawyers #globallawyer #LawStudents #careeradvice #LegalMarket #SouthAfricaJobs

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Join me on the latest episode of Legal Unicorns as I sit down with Rohan Bilimoria, the visionary founder of Law Ninjas. 

www.lawninjas.co 

Together, we explore how his community-driven approach is reshaping the legal sector by fostering collaboration, mentorship, and innovation. 

From empowering lawyers and law students globally to giving back through scholarships, Rohan shares his inspiring journey and the transformative impact of Law Ninjas. 

Don’t miss this insightful conversation titled: "Legal Unicorns and Law Ninjas Together at Last."

#LegalUnicorns #LawNinjas #RohanBilimoria #LegalInnovation #CommunityLeadership #LegalCareers #LawStudents #MentorshipMatters #FutureOfLaw

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