Minimum Wage, Grounds for Termination and Severance Pay: Important Notes for Employers in Zambia
The Industrial Relations Division of the High Court in Albert Mupila v. Yu-Wei delivered a landmark judgment which provides clarity...
Are all employees in Zambia entitled to housing?
Between 1996 and 1997, the Government of the Republic of Zambia introduced a home empowerment scheme for employees of the...
Gratuity: Protection of workers or killer of business in Zambia
Gratuity was initially crafted as a benefit, intended for employees who have worked for a sustained period of time, as...
Has the Employment Code Act made it difficult to fire workers who commit serious misconduct?
Chanda Chungu Termination without notice or summary dismissal is often referred to as instant dismissal. This is the most serious...
The Companies Act recognizes that Directors need to take risks
Chanda Chungu Directors are employed to not just manage the affairs of the business, but also take necessary risks, often...
Could the Employment Code Act prove to be a hinderance to sustainable business in Zambia?
In February 2019, the Zambian Government tabled the Employment Code Bill before Parliament. The Bill is the culmination of the...
Can Shareholders overrule decisions of their Directors in a Zambia Company?
Agency conflicts can occur when the incentives of the agent do not align with those of the principal. That is...
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The Financial Insights of Zambia was established in 2017 as a follow up to the success of The Financial Health of Zambia’s Premier Companies blog which was birthed as an idea that would address the challenge Zambian investors had in understanding how companies within the economy created value. Armed with the annual reports of companies listed on the Lusaka Stock Exchange, we bring business analysis and valuation of these premier companies.