On 25th August 2017, Bank of Zambia and the Ministry of Finance must have been on a conference call with Secretary to the Treasury following the announcement from Standard & Poor’s Financial Services LLC (S&P) on Zambia being upgraded to a positive credit rating B (B/Stable/B) from negative territory. We would like imagine this was […]
This week, two significant things happened. Episode 4 of Game of Thrones finally shifted into high gear whilst the Central Bank of Zambia lowered the policy rate by 150 basis points (1.5%). Although premier companies will not be focused on the leadership of John Snow, the Governor Danny Kalyaya was clearly in the spotlight as […]
Next to weather, I have been tracking the global financial markets with keen interest this year. Whilst matters of weather and financial markets have consumed a fair chunk of my private time, I cannot quite recall why it is specifically these two topical and complex issues that have overwhelmingly peaked my curiosity in 2017. The […]
Every time a Finance Minister takes to the stand and presents the coming year’s budget, CEOs, entrepreneurs and Finance Managers alike listen with keen interest on what the macroeconomic environment will be like for their businesses in the coming year. Hon. Felix Mutati last week Friday 11thNovember 2016, presented Zambia’s budget to the house of […]
As the founder of TFHZPC sat down to have a pint at one of Lusaka’s finest pubs, the question of why the financial health of Zambian companies was so important was posed to him by a local. “Are not all companies good enough for this trending blog of yours?” To the contrary, small and medium […]
Entrepreneurs beware. Capital budgeting is real. You could be starting up a small “nthemba” that sells talk time, setting up a butchery in high density area, investing in heavy equipment that will see you offer a service that many locals only dreamed would be provided by Multinational Corps (MNCs): knowing your cost of capital is […]
Economy
