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 […]
People’s New Year’s resolutions always include to a greater or lesser extent the wish for fatter and fuller purses and wallets. How many of us really get that larger bank balance or financial gratification we sought on 1st January every year? What has caused us to perpetuate our financial distress? Is it impulse buying? Could […]
In 2017 Zambia’s economy was able to bounce back from the economic headwinds experienced in the previous two years. To further stimulate the economy, Bank of Zambia (BoZ) effected expansionary monetary policy measures by gradually reducing the policy rate and statutory reserve ratio to 10.25% from 15.5% and to 8% from to 18% (respectively) by […]
On 18th December 2017, while the rest of the country was preparing for Christmas celebrations, CEO of LuSE Priscilla Sampa and her team we working as furiously as father Christmas and his elves to deliver which will be game changer in stock trading in Zambia. LuSE announced on 21st December, that it had finally launched […]
With over 90% of Zambia’s population not on any form of health Insurance cover, there is need for mobile service providers (i.e. MTN, Airtel and Cell Z) to replicate what Kenya is doing with their M-TIBA service in providing “Health care” for the majority poor through a “mobile wallet” which rides on M-PESA a mobile […]
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 […]
Banking
