•  Millers’ average purchase price for maize rose by about 7% to K35,967.0 per 50kg bag in February 2004 from K33,599.50 per 50kg bag in January 2004, mainly due to seasonal movements, as the 2003/2004 consumption period is about to come to an end. Mining2 •  Total copper production declined by 4.8% to 31,764.00 mt in January 2004 from 33,369 mt in December 2003. Copper output fell as a result of reduced production at all major mines arising from seasonal factors in the rainy season. •  Similarly, cobalt output declined by 6.8% to 171.50 mt from 184.00 mt in the previous month. There was no cobalt production at one of the major mines during the period under review on account of higher processing charges, given low quantities of cobalt that were available for processing. The downward movement in production was a result of seasonal considerations as the mines become waterlogged during the rainy season. Tourism34 International passenger movement •  During February 2004, the country’s four international airports5 recorded reduced international passenger movements. International arrivals at these airports declined by 3.0% to17,733 from 18,279 in January 2004. At 18,637, departures were 2.9% above the 18,104 recorded in the previous month. •  Of the total international arrivals, Livingstone and Mfuwe Airports, which are the major tourist destinations, accounted for 3,530 and 102, respectively. This was an improvement from the 3,110 and 36 recorded the previous month, respectively.
In fact, Newton has left us with more than one insight. Newton surmised that once inertia is overcome, an object achieves momentum and acceleration, but not without force being applied first. In a similar way, the same areas of corporate inertia today can be harnessed to drive the momentum of tomorrow. But only through a combined force of action and leadership can we truly achieve this. 3/3  BIS central bankers' speeches