FinanceNovember 13, 2017

The Anatomy of the Bayport Corporate Bond
The Lusaka Securities Exchange with the approval of the capital markets regulator, the Securities Exchange Commission announced the floating of a 5 year corporate bond worth K300,000 by Bayport Financial Services Zambia. Allow me if you can, to breakdown the fancy finance phraseology and intricacies of a corporate bond, that is usually associated with MBA […]

FinanceNovember 12, 2017

SensxAfrica is Coming! The Rise of Venture Capital
A storm is coming. A venture capital storm. For sometime now, we have been investigating the footprint left behind by venture capital in Zambia. Few known names appear associated with scarce deals and are often not mentioned in Zambian financial folklore. Until now. FiZ has been in discussions with Bibusa Wissemann whose ambitions to bring […]

Economy, FI, Finance, StrategyOctober 18, 2017

Zambia’s Medium Term Debt Management Strategy Part II
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 […]

FinanceOctober 7, 2017

Zambia’s Medium Term Debt Management Strategy Part I
For the very first time in Zambian history the government of the republic of Zambia has issued a Medium-Term Debt Management Strategy (MTDS) via the Ministry of Finance. Its more exciting than it sounds, I promise. This publication is meant to provide information to all market participants and stakeholders on the objectives of debt management […]

FinanceSeptember 28, 2017

TFHZPC Acid attacks Premier Companies
With lending rates gradually coming down in Zambia, Premier companies at the epilogue of their 2017 financial year will be asking themselves the question: Did we manage our short term and long term liabilities well? The importance of credit analysis can never be understated. It is the evaluation of a company from the perspective of […]

Finance, Madison Financial Services PlcSeptember 26, 2017

Madison Financial Services PLc at half year 2017
MFS are enjoying a good year so far. At half year, they have posted impressive results in a market that was starved of liquidity until this year’s deliberate actions by the central bank. However, for financial services companies, they can often be a barometer of the prevailing economic environment. For example, a closer look at […]

Economy, FinanceSeptember 4, 2017

Africa: Most expensive continent to send money in the world
Martin Namasaka (@Martinnamasaka) is an International Development Specialist with experience working with a wide range of organisations drawn from Kenya, Zambia, Ethiopia, Malawi, Uganda, Rwanda. He holds a Master’s degree from the London School of Economics and Political Science (LSE) where he was a member of the Programme for African Leadership (PfAL).      At […]

Economy, FI, FinanceAugust 31, 2017

Plunging Money Markets…What Does it mean for the Investors and Borrowers?
I have been waiting for this coming Friday with much anticipation. There has been so much buzz around the 1st of September! Multichoice announced reduced DStv prices across all its bouquets effective 1st September (great news for the subscribers and a possible indication of the effectiveness of competition in any industry but that’s a subject […]

FinanceAugust 12, 2017

Should We Question The Loyalty Of Hedge Funds Investing In Emerging Markets?
In his recent MPC statement of August 2017, Dr. Danny Kalyaya stated that during the quarter under review, the exchange rate of the Kwacha against the U.S. dollar remained relatively stable. He further stated that there was an appreciation of 4.5% against the green back. This he indicated was largely supported by improved supply of […]

Economy, FinanceAugust 11, 2017

MPC goes further south after winter
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 […]