EconomyNovember 2, 2021

Daily FiZ – Tuesday 02/11
Story of the Day: According to Citi researchers, the initial commentary on the economic outlook for Zambia following HH’s victory has been generally positive. In particular, most analysts have highlighted the recent appreciation of the Kwacha on the back of strong portfolio inflows into the domestic debt market as an important factor in helping reduce […]

EconomyOctober 31, 2021

Daily FiZ – Monday 01/11
Story of the Day: Following the UPND Government’s commitment to align the education sector programs and National Development plans enshrined in their manifesto to prioritize Education, Science and Skills development. Minister of Technology and Science, Felix Mutati, has tasked the Zambia Academy of Sciences to integrate concepts that will enhance the Science, technology and engineering [&hel

Economy, OpinionOctober 29, 2021

Purchasing Managers’ Index Review
When economists are concerned with the economy and anticipate change in direction, they ought to use one of the indicators called the Purchasing Managers’ Index (PMI) so as to give special scrutiny. There were signs of encouragement for the Zambian private sector in August. New orders returned to growth, while firms expanded their workforce numbers […]

Economy, OpinionOctober 29, 2021

Zambia’s Domestic Debt and the Way Forward
Domestic debt impacts negatively on the private sector which is supposed to fuel the economy, as observed in the developed world. Domestic debt makes borrowing expensive as a result of the relatively narrow investor groups in Africa. The Zambian domestic debt is of concern to the new government. In a Ministerial statement, the Minister Dr […]

EconomyOctober 29, 2021

Daily FiZ – Friday 29/10
Story of the Day: The new dawn government is not short on policies to implement in the health and nutrition sector of the nation. According to the ruling government (party manifesto on Health and Nutrition) which states that, development is not possible without a healthy population. Health is not only a social imperative but also an economic asset […]

Economy, OpinionOctober 28, 2021

WWF ZAMBIA HOSTS 2022 CLIMATE CHANGE NATIONAL PRE- BUDGET EXPECTIONS
-Media Engagement In a media engagement held by World Wildlife Fund for Nature in collaboration with other partner organizations HIVOS Zambia, Centre for Environment Justice, The Zambia Climate Change network, House of Ruth Foundation as well as The Zambia community based natural resources management forum. On Wednesday the 27th October, 2021 with Guest of Honor […]

EconomyOctober 28, 2021

JP Morgan ‘positive-ish’ about Zambia’s Economy
JP Morgan is optimistic about Zambia’s economy as they predicted that the unexpected outcome of Zambia’s General elections should improve impact on Zambia’s medium term economic prospects. JP Morgan in September this year emphasized the need for President Hakainde Hichilema to address issues such as delivering a credible economic package. The financial services giant is […]

Economy, OpinionOctober 28, 2021

Zambia’s Path Toward an Extended Credit Facility with the IMF
The Zambian government, through its Ministry of Finance has been engaged in high level meetings with the IMF in order to secure and extend credit facility from the multi-lateral lending institution. Zambia, one of the first countries to default on its sovereign debt obligations is seeking to boost investor confidence and return its economy to […]

EconomyOctober 28, 2021

Daily FiZ – Thursday 28/10
Story of the Day: The mining sector remains a significant part of the Zambian economy, accounting for over 9 percent of the GDP and 70 percent of export earnings. The sector is also a significant source of government revenue and formal employment, both directly and indirectly. Read more Local Business and Finance Sponsored By Liquid […]

Economy, OpinionOctober 27, 2021

Zambia Central Bank Tightens Rate to Restore Economy and Fight Inflation
Efforts to contain escalating inflationary pressures and support currency influences Central Bank of Zambia policy decision. Does hiking rates mean a setback to fighting inflation? Is the Zambian economy on its journey to recovery? Owing to these efforts, the Bank of Zambia’s monetary policy committee left rates unchanged despite persistently high inflation. It also expects […]