Imagine for a minute you have now clocked 65 years old. Your days of labour are long gone. Your youth is gone. How do you imagine spending the rest of your life? This is the fundamental question, all Zambians must ask themselves. Many never want to think about retirement. In fact, with the spending patterns […]
Martin Namasaka explains why African governments, development agencies and service providers need to collaborate to look at reducing the cost of sending remittance to Africa. At an estimated USD 66 billion in 2015, formal remittances to Africa are three times larger than overseas development assistance and more stable than most other sources of finance. Remittance flows have become one [&hel
In a recent article published by the legacy Zambia Daily Mail of 24th November 2017, Kalonde Nyati reported on a business forum in Rome that was organized by Victoria Mushibwe (Charge d’Affaires at the Zambian mission in Roma) in conjunction with the Confindustria Assafrica Mediterraneo an umbrella body of business associations in Italy. The Confindustria […]
Covering the performance of companies listed on the Lusaka Securities Exchange (LuSE) is always a pleasure. However, there have been interesting discussions regarding a topic we touched on many moons ago. The rise of Bitcoin. We believe Bitcoin should have been a topic of discussion in Zambia from the very beginning. Why? It’s disruptive and […]
Professor Serden Ozcan of the WHU Otto Beisheim School of Management from Germany is passionate about Venture Capital in Africa. Attending his master class was not only insightful but inspiring. The executive education class not only put context to what venture capital was but also provided ways in which African countries such as ours can […]
The proverbial fight between the Kwacha and Dollar continued today (26:10:17) as Bank of Zambia reported the Dollar had finally breached the K10 barrier on interbank at 12:30 pm. An analysis of the performance of the Kwacha since January this year shows the currency had its best months in the first half of the year. […]
The Alternative Investment Market (AIM) is the secondary listing market that Lusaka Securities and Exchange (LuSE) has provided for companies that meet a particular criteria. For some time, TFHZPC has been discussing with LuSE and the Securities and Exchange Commission regarding the subscription to the AIM. Findings thus far indicate that small and medium sized […]
In anticipation of the Day of National Prayer this past week one of my colleagues jokingly tabled that in addition to peace and reconciliation, as a nation we also need to have specific prayer points directed towards Chinese growth and the global copper price. In as much as it was light banter shared among colleagues, […]
The rhetoric for the 2018 budget is “Accelerating fiscal fitness for sustained inclusive growth, without leaving anyone behind”. The Minister of Finance stated that one of the key macro-economic objectives of 2018 amongst other things, include a GDP growth of 5%. Subsequent, the IMF presented their IV report to the board and the fund praised […]
This is part 2 of a 2-part analysis on the MTDS. If you’re only joining us now let me give a quick recap of the previous article. Basically, the Zambian government, through the Ministry of Finance are publishing the very first Medium-Term Debt Management Strategy. The publication is meant to provide information to all market […]
Economy
