Banking, Finance, Lafarge, Taj Pamodzi Hotels PlcMay 12, 2017

The Role of the Auditor in the Corporate Governance of Zambian Premier Companies
This year’s Zambia Institute of Chartered Accountants (ZICA) elections were the most exciting albeit much anticipated in the financial sector. The elections ushered in a seasoned bean counter in Jason Kazilimani as its new president, and we believe that he and his KPMG team will be an exemplar in the game “auditing and compliance” in […]

Banking, FinanceMay 8, 2017

The currency revolution we call Bitcoin
What is Bitcoin? The simple answer is a cryptocurrency that trades at around $1200 per bitcoin. However, complex journey the currency has gone which has allowed me to write the original sentence is much more interesting. In this article I will summarise what I believe most people greatest questions on the currency may be. Who […]

BankingApril 6, 2017

The first half of 2016 posed a significant challenge for many financial institutions on the back of tightened liquidity and volatile dollar. However, good news came in the form of measures put in place by the central bank in order to avoid further volatility. Inflation appears to have peak whilst interest rates have also reached […]

BankingApril 6, 2017

Industrial Development Corporation – The Road to IPO
Tucked away in Lusaka South Multi-Facility Economic Zone is an entity that is poised to set the Lusaka Stock Exchange alight. When President E. Lungu made the statement to parliament on the significance of the IDC and its mandate to take companies to Initial Public Offering (IPO) or listing, TFHZPC got really excited about the […]

BankingApril 6, 2017

MPC – How the 5th Force Continues to Reign
On 16th November 2016, the central bank governor Denny Kalyalya announced the decisions of the monetary policy committee. This quarterly announcement sets the tone of how the money in the country will “behave” over the coming months. With the budget recently announced by the finance minister, financial institutions listened with intent on how they will navigate […]

Banking, ZANACO plcApril 1, 2017

ZANACO – Big, Strong and Reliable in 2016?
Charity Lumpa (Chairperson) in her annual report for the 2016 makes a very bold statement that shows intent that ZANACO mean business. According to her statement, “the overarching priority in 2017 is to commence the initiatives required to place Zanaco in pole position by 2020 and making it a top universal and transactional Bank”. But […]


Banking, Investrust Bank PlcMarch 28, 2017

Investrust Bank: Negative Earnings but still in transition
So much has changed from the time Investrust Bank published its 2016 annual report. For example, Dr Jacob Mwanza’s statement to shareholders cites the BOZ rates that have since been subsequently reduced twice in the first two quarters in 2017. This changes the dynamics of how his bank will perform in a competitive market. However, […]

Banking, ZANACO plcMarch 26, 2017

Reawakening The Beast – ZANACO’s Bold Move To Reinvent Itself
Following GRZ’s 2007 sale of 49% share sale to Rabo Development Bank, Zanaco has fraught to shake off the ghosts of old that have pulled it back from being a considered front runner in the modern competitive banking industry. Small wonder that Charity Lumpa and her team have embarked on a bold move that is targeting […]


Banking, RetailMarch 14, 2017

eCommerce: When Stanbic makes First Mover
As I watched the address by Stanbic’s technical speaker at their Tuesday 14th June event at their modern training center, I could not help but feel proud of what my preferred corporate bank had endeavored into. It may be the fine red wine that was being served or the cocktail food that was delicious but […]

BankingMarch 8, 2017

MPC – January 2017
Central Banks are at the heart of any economy. Their importance goes back a long time and their relevance today remains crucial in steering any economy forward. It is no wonder that on 20th and 21st of January, all eyes were on the bank of Zambia governor Denny Kalyalya and his team as they poured through critical […]