It started in Bolivia. The year was 1984 when John Hatch saw poor Bolivian farmers struggle for capital. With traditional loans being far from accessible due to lack of collateral and cost deterrents, he saw an opportunity that defined microfinance as we know it today. We at Financial Insight believe that a dual economy exists. […]
Financial Insight is an avid follower of listed companies on LuSE and other stock exchanges. We believe they continue to hold the secret ingredient of unlocking value in sub Saharan Africa. Every investor on any stock exchange looks forward to the end of year audited financials in order to take a peek at how well […]
When the Energy Regulation Board (ERB) adjusted fuel prices upwards, it certainly reduced the purchasing power of most household’s disposable income. In it press release the ERB attributed two fundamental factors that led to the adjustment; the depreciation of the local currency and the volatility of international price crude oil. Unfortunately, this will not be […]
When former Finance Minister Felix Mutati took over the ministry, we had heard him echo the words Domestic Resource Mobilization over and over during his tenure. However, many did not know what the full implications of Domestic Resource Mobilization were. Furthermore, what amazed the team at Financial Insight is that there were bread crumbs that […]
Dr. Denny Kalyalya and his legion of economists have been hard at work over the last 48 hours poring through economic data and coming up with numbers that will be announced tomorrow Wednesday 21st at the MPC briefing. Some key announcements in recent weeks were the plan to restructure government debt. According to Reuters, “Zambia […]
Mergers and Acquisitions (M&As) are not common in Zambia. However, when they do happen most are seldom in the public domain making it difficult to build a profile for those investors who have an appetite for local assets. Knowing the profile of the investor gives us an idea of whether that investor behaved rationally when […]
Felix Mutati and Alexander Chiteme (Ministers of Finance and Development Planning respectively) are confident that the economic and fiscal consolidation reforms their Government embarked on in 2017 are beginning to yield positive results. According to a statement from Ministry of Finance following a liaison meeting with Zambia’s Cooperating Partners (basically a group entities with deep [&hellip
The last 5 years have been very interesting for the Kwacha. In 2014, many would have forgotten that that our currency lurked in the K5-6 range to the dollar. It is now currently flirting the south of K10 region. For businesses that have long term strategies of say 5 to 10 years, it is important […]
On 26th January 2018, Moody’s Investors Service announced that it had revised the rating outlook for the Government of Zambia to stable from negative and affirmed its B3 long-term issuer rating. Finance Minister Felix Mutati will be most pleased with this development as the measures his economic and finance team’s put in place are beginning […]
As January comes to a close, many businesses are still reeling from the year that was 2017. For some companies in Zambia, it was a mixed bag of fortune and misfortune. Many CEOs have since returned to the helm of their companies and are upbeat about the prospects of 2018. They will be sitting down […]
Economy
