Economy, OpinionJuly 21, 2019

Weekly Capital Markets Update (15th to 19th July 2019)
Week 2 continues to stand out for equities out-performance in July as week 3 saw a slip to the level of trading that was seen in week 1 of July. The bond market on the other hand has enjoyed continued growth in sales on a week by week basis signalling more appetite by investors for […]

Finance, ZCCM-Investment Holdings PlcJuly 21, 2019

(Sponsored) ZCCM -IH | Konkola Copper Mines Plc Further Cautionary Announcement
Shareholders of ZCCM Investments Holdings Plc (“ZCCM-IH” or “the Company”) are referred to the announcement dated Wednesday 23rd May 2019, in which they were advised that ZCCM-IH filed a petition in the High Court of Zambia for the winding up of Konkola Copper Mines Plc on 21st May 2019. ZCCM-IH filed the said petition pursuant […]

Economy, OpinionJuly 21, 2019

A curtailment of the Central Bank’s powers?
“This piece was originally published on Dr. Grieve Chelwa’s blogpost Africa Watch (www.gchelwa.blogspot.com).” Like everyone else, I have been reading through the draft of Zambia’s 2019 Constitution Amendment Bill.  The Bill, which is yet to be tabled in the National Assembly, proposes a host of amendments to the current constitution. Many of the proposed amendments have

Economy, OpinionJuly 19, 2019

When Monetary Policy Converges with Fiscal
The economic space in Zambia was set alight following the announcement of Dr. Bwalya Ngandu as the new Finance Minister of Zambia. For months, the fiscal side of the economy had grappled with echoes of economic frustration that ranged from lowering Country Credit ratings due to the performance of our Eurobonds (considered now as the […]

Economy, OpinionJuly 19, 2019

Concessional Financing for Development: The Role of Multilateral Institutions and Global Thematic Funds
-The following is an extract from the Unlocking Investment and Finance in Emerging Markets and Developing Economies (EMDEs) World Bank program with Cecile Fruman Here I will be talking about the role of concessional finance delivered by multilateral development banks referred to as MDB’s and global thematic funds in achieving the ambitious twenty thirty agenda […]

EconomyJuly 19, 2019

Daily FiZ – Friday 19/07
Domestic Mines Minister Richard Mususkwa has urged Lubambe Mine to consider allocating portions of its mining extension project on the Copperbelt province to small scale miners. Read more: ZNBC Newly appointed Minister of Finance Dr. Bwalya Ng’andu has confirmed that the implementation of sales tax is on and that government is currently addressing issues raised […]

Economy, OpinionJuly 18, 2019

What are the Integrated National Financing Frameworks and How do they Support SDGs Implementation
The following is an extract from the Unlocking Investment and Finance in Emerging Markets and Developing Economies (EMDEs) World Bank program with Shari Spiegel -Public Finance Strategies to Unlock Finance and Investment in EMDEs So there’s been an increase in interest in national planning by many governments planning went out of sight was popular in […]

EconomyJuly 18, 2019

Daily FiZ – Thursday 18/07
Domestic Former Minister of Finance Margaret Mwanakatwe Wednesday morning completed her handover process to her successor and newly appointed Minister of Finance Dr. Bwalya Ng’andu. Mrs. Mwanakatwe, wished Dr. Ng’andu well in his new job of sheparding the economy to sustained stability and growth. Read more: The Independent Observer The Standard Bank Group which trades […]

Economy, OpinionJuly 17, 2019

West African Tax Officials Work to Meet Basic Needs, Improve Equity With The World Bank Group
–Public Finance Strategies to Unlock Finance and Investment in EMDEs The following is an extract from the Unlocking Investment and Finance in Emerging Markets and Developing Economies (EMDEs) World Bank program   Many countries in West Africa struggle to collect the amount of tax revenues necessary to provide basic services to citizens. Education, electricity and clean […]

EconomyJuly 17, 2019

Daily FiZ – Wednesday 17/07
Domestic World Bank Chief Economist, Africa Region Albert Zeufack says there is need for the country to diversify its economy and not depend on copper which has shown depreciation in its value in recent years. Read more: ZNBC Zambia should step up its implementation of austerity measures to rein in soaring debt and stabilise the […]