Its 17 00hrs and I just beat traffic to get to Radisson blu Hotel to attend a birthday. You might be wondering why a financial news website would be writing about a birthday. Well, it’s not just any birthday. Its HLB Reliance Zambia’s 10th birthday or anniversary depending on your cup of tea. We have […]
So, on a day that was declared a public holiday by the Head of State, I decided to do what a typical entrepreneur ought to do in their spare time: Network. By chance, I had heard of the arrival of 50 business delegates from Japan from various industries such as agriculture and construction who would […]
It’s the summer of 2009 and the football world is witnessing the biggest transfer of its time. The sweet smiling boy from Madeira tipped for the biggest things in the world of football has just completed a switch from the “red devils” to the “white angels” in a record 80 million pound deal. Florentino Perez, […]
It is no secret that the IMF has been dating Zambia for several months now as two of Zambia’s Finance Ministers have attempted to secure a deal to plug in the fiscal hole of USD 1.3 billion. To take you back, it was the eruption of reports in Mozambique that hidden debt existed caused an […]
On 7th May 2018, the Board of Izwe Loans Zambia Limited announced its intention (through SENS Announcement on LuSE) of reviewing and considering various strategic growth opportunities that included pursing a listing on the local exchange. Fast forward to present day, the board further reiterated through their Company Secretary HLB Zambia that holders of its […]
As I sat down and reflected on the prospects of the company Roman and I had created, it soon dawned on me the weight of responsibility that stood on our shoulders as founders of Financial Insight. We are an SME and like many, we have been dreading year 2 of our existence. What is worse, […]
There has been continued concern over the depreciation of the kwacha. The local currency has seen most of its value eroded, and most FX analysts fear that it could depreciate further. On 1st June 2018, the currency closed at 10.3 against the USD. Historically, the kwacha hit its lowest point in November 2015, when it […]
Bonds are an interesting financial instrument. An entity lends money to a borrower who in turn agrees to pay back the amount with periodic payments during the tenor known as coupons at an agreed rate. It’s simple right? Well, not so simple as we are beginning to learn from the Eurobonds. To unpack it, it […]
“Retirement, a time to do what you want to do, when you want to do it, where you want to do it, and, how you want to do it.” Catherine Pulsifer What do you do when you hear the dreaded question, “Are you prepared for retirement?” Most people in formal employment are so scared at […]
This week, Dr. Denny Kalyalya, Governor of Zambia’s central bank, announced his MPC’s decision to hold rates. The Financial Insight team has been closely watching the decisions that have been coming out of the committee and often have predictions of their own in terms of how they believe the MPC will act. This time round, […]