British American Tobacco, RetailAugust 13, 2019

BAT announces exit of Company Secretary Valentine Kabonga
Premium cigarette manufacturer and distributor, British American Tobacco Zambia (BAT), announced the appointment of Zoe Chisanga Chiliboyi as Acting company secretary following the resignation of Valentine Chola Kabonga who held the role for over 5 and half years. “In accordance with Section 3.59 of the Lusaka Securities Exchange Listings Requirements (“LuSE Listings Requirements”), the Boar

RetailJuly 31, 2019

An overview and Case Examples of MIGA’s Risk Insurance Products
-Unlocking Private Finance and Investment in EMDEs with Jessica Erickson Stiefler Today we’re pleased to tell you a little bit more about MIGA’s contributions towards development its results and impact and how we use various instruments within the agency and across World Bank group to mobilize private finance. So what products does MIGA issue and […]

RetailJuly 29, 2019

Inflation continues to accelerate in July
The month of July is coming to an end which means inflation numbers are out! This month has seen inflation increase by 20 basis points, rising from 8.6% in June to 8.8% in July as the consumer price index (CPI) subsequently increased during the period. The 8.8% reading is the highest on record since November […]

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RetailJuly 24, 2019

Increasing Domestic Public Resources and Improving Public Expenditure Efficiency
-The following is an extract from the Unlocking Investment and Finance in Emerging Markets and Developing Economies (EMDEs) World Bank program with James Brumby The Domestic resource mobilization really involves all the resources that the country is able to rise itself. So for the most part that is taxation but it also includes non-tax revenue […]

RetailJuly 23, 2019

Raising Revenue Fairly and Equitably
-The following is an extract from the Unlocking Investment and Finance in Emerging Markets and Developing Economies (EMDEs) World Bank program with Michael Keen So why is domestic results mobilization so important? Is it just about raising money? Well not really how revenues raised can be just as important as how much is raised. And […]

Economy, Opinion, RetailJune 13, 2019

PRESS RELEASE: ZICA 2019 Q2 Media Briefing
Good Morning Ladies and Gentlemen, Welcome to the ZICA 2019 second quarter media briefing to discuss matters that affect the accountancy profession and the nation at large. In line with the Accountants Act of 2008, apart from our mandate of regulating the education and practice of the accountancy profession in Zambia, we have a statutory […]

Economy, Opinion, RetailMay 21, 2019

The US-China Trade War and how it’s affecting the rest of us – A case of collateral damage
Since January 2018, the United States of America (USA) and China have been involved in an intense trade war that continues to escalate by the day. Trump’s campaign promises were very American-centric and one of his key messages was around addressing the issue of China’s unfair trade practices caused by loopholes in the international trade […]

British American Tobacco, RetailMay 20, 2019

Duo Director exit at BAT following a resignation and retirement
British American Tobacco Plc. Zambia announced the exit of two Directors from the company effective 30th April 2019. BAT is a major distributor of cigarettes in Zambia and one of the two companies that have opened factories in Lusaka’s MFEZ which has had a positive impact on the company’s revenues as the move cooled off […]

Economy, Opinion, RetailMay 4, 2019

Why Amos Chanda is probably upset with Bloomberg and African Confidential
For those of us that believe in the existence of the random walk hypothesis and consequently the efficient markets hypothesis, we understand that information is very important especially in the era of well developed speculative investors who rarely base investment decisions on fundamentals but on the arrival of new information. The random walk hypothesis is […]

RetailApril 29, 2019

Daily FiZ – Monday 28/04
Domestic Government has called for strong partnership with the private sector in a bid to address casualisation of labour. Read more: ZNBC Minister of Gender Elizabeth Phiri has called for investment in public education systems and infrastructure to help address gender inequalities. Read more: ZNBC Former Foreign Affairs Permanent Secretary Simataa Akapelwa has called on […]