Economy, OpinionSeptember 5, 2018

Denny’s Dilemma
In August 2018, at his MPC briefing, Central Bank Governor made the following statement: “Annual overall inflation rose for the second consecutive quarter to 7.4% in June from the 7.1% recorded in March 2018, but remained within the 6-8% target range.” OK! The Central Banks target range has been 6-8%. Now, Central Statistics Office recently […]

Economy, OpinionAugust 27, 2018

MPC at Q3
As we awaited the announcement from the Central Bank, we could not help but wonder how MPC would move with all that was before them. With IMF discussions all but put on ice, an exchange rate that has felt exogenous pressure, a fiscal deficit that remains unabated, Moody’s downgrading the country’s credit rating to Caa1 […]

Opinion, Personal FinanceAugust 22, 2018

“Money management” the financial stress reducer
Recently, there have been echoes across many sectors in Zambia of the advent of austerity. We have heart a number of public figures speak about the importance of tightening our belts. There is evidence from the FMCG world that signs of recession are in our midst. Recently on Bloomberg, Africa’s biggest grocer announced that poorer […]

Economy, OpinionAugust 22, 2018

Debt management in the era of pressing infrastructure needs
In the past 15 years, we have seen average growth of about 5% to 7% than the global average, which however has been mostly commodity driven. This rising growth episode is almost gone and future growth will be replaced by the new strategies we put in place now to reposition our economy. The commodity era […]

Strategy, TelecomAugust 16, 2018

Is the Zambian Telecoms Industry Suffering From Marketing Myopia?
Following the recent announcement of the introduction of a new tax that would be targeting voice calls made using Voice over IP services such as facebook and Whatsapp calling, we felt it prudent to view the industry through the lenses of Michael Porter and Theordore Levitt. Michael E Potter published the book and article “Competitive […]

Opinion, Personal FinanceAugust 13, 2018

Retirement Planning – Part Two (Pension Benefits)
“The question isn’t at what age I want to retire, it’s at what income” – George Foreman                                                                             […]

Economy, OpinionAugust 13, 2018

Trees! A rapidly growing investment opportunity
Duncan Logan, the CEO of RocketSpace, made an interesting observation last year; “You only get 40 attempts at farming. From your 20’s to your 60’s, you get 40 seasons. In tech you get 40 attempts a week.”. His message is clear, technology will pave the future of farming for decades (perhaps longer) to come. Investment […]

Economy, OpinionAugust 8, 2018

An effort to demystify ‘refinancing’
The past week has been interesting specifically around the unfolding ‘refinancing’ discussions by the general public. This was brought to the fore after the President raised the subject with the President of Turkey. Listening to the ensuing debates and discussions was perhaps as interesting as to those debates and discussions that unfolded on the topic […]

Opinion, StrategyAugust 3, 2018

HLB Reliance Zambia at 10
Its 17 00hrs and I just beat traffic to get to Radisson blu Hotel to attend a birthday. You might be wondering why a financial news website would be writing about a birthday. Well, it’s not just any birthday. Its HLB Reliance Zambia’s 10th birthday or anniversary depending on your cup of tea. We have […]

Economy, OpinionJuly 29, 2018

Land of Rising Sun Sends Business Envoys to Zambia
So, on a day that was declared a public holiday by the Head of State, I decided to do what a typical entrepreneur ought to do in their spare time: Network. By chance, I had heard of the arrival of 50 business delegates from Japan from various industries such as agriculture and construction who would […]