Economy, OpinionFebruary 20, 2021

Mvunga delivers sophomore MPC with a rate hike
The Bank of Zambia, the country’s central bank, recently made its first monetary policy pronouncement in the year 2021. From a backdrop of a runaway inflation rate and dwindling business activities, the Central bank opted to adjust the monetary policy rate by 50bps from 8% to 8.5%. This move comes after a series of policy […]

Economy, OpinionFebruary 13, 2021

‘JanWorry’ 2021 PMI
With the annual rate of inflation jumping to 21.5%, the month of January has really lived up to its expectations as a month of economic tribulations. The month of January has recorded one of the biggest contractions in private sector business activities, in four months. For the past months, only PMI for September, at 46.6 […]

Economy, OpinionFebruary 10, 2021

The Economics of Vaccination
The world came to learn about a certain strange disease outbreak, in Wuhan China, in the last quarter of 2019. With symptoms like that of a common cold, the virus causing it was highly infectious and more deadly. By then scientists were only calling it the Novel Corona Virus, it was not until later that […]

MiningFebruary 4, 2021

‘Plot Twist’ at KCM!
Just when it seemed like the provisional liquidator and his team were about to hit a concrete wall in their bid to have KCM be split into two subsidiary companies under two separate management, the high court of Zambia has come through for them. ‘Plot twist’ as some would put it. Late last year the […]

Economy, OpinionJanuary 28, 2021

Inflation shows similarities between 2020 and 2021 – Zambia’s economic indicators
Coming from a year that was a challenge to many businesses due to the unfavourable business environment created by the Corona virus pandemic of 2019, 2021 does not seem like much of a different year; the number of reported infections has continued going up amidst reports of a new variant. The month of January has […]

MiningJanuary 27, 2021

Societal Dilemma – The case of Mopani Copper Mine Takeover
The handing over of ownership of Mopani Copper Mine to ZCCM-IH by Glencore, has stirred up more debates among Zambians. One section of the Zambian society alleges that the state does not have capacity to run the affairs of the mine; they should either hand over to Zambian nationals, by way of offering them stakes […]

Taj Pamodzi Hotels Plc, TourismJanuary 11, 2021

Taj Pamodzi Hotel During the Pandemic
As the only hotel trading on the Lusaka Securities Exchange (LuSE), Taj Pamodzi hotel Board of Directors has, in a bid to ensure its shareholders are well up-to-date with the current and expected financial position of the hotel, published its trading statement.  The Trading Statement issued on 6th January 2021, was an act done in […]

MiningDecember 30, 2020

The New Changes at KCM
The long-run average cost curve of a firm is said to be saucepan-shaped. At the beginning of operations, a firm will have fixed costs that are as a result of investment in indivisible fixed capital and as such making the average cost high. With time, the average cost starts going down as the firm engages […]

BankingDecember 15, 2020

An Analysis of ZNBS 2020 Financial Statements
As is the custom with this period, most companies are publishing their annual reports. This time around though, they will be depicting how they performed during a year in which business had been disrupted by the coming of Covid-19. Among those companies is Zambia National Building Society. ZNBS now amongst the likes of ABSA Zambia […]

Manufacturing, ZAMEFA PlcDecember 14, 2020

A Four-Year Comprehensive Analysis of ZAMEFA Financial Reports
Metal Fabricators of Zambia (ZAMEFA), a public limited liability company incorporated in the Republic of Zambia under the companies Act, first started its operations in 1968, just over 4 years after the independence of Zambia; it was later privatized in 1996 and in 2004 it was listed on the Lusaka Securities Exchange. The majority shareholders […]