Zambian 2013 Budget Reviewed by Kampamba Shula

On 12 October 2012, the Minister of Finance, Hon. Alexander Bwalya Chikwanda, MP, announced the 2013 National Budget. Budget highlights and taxation and other changes as contained in the Budget speech and the Zambia Revenue Authority (“ZRA”) publication.

Friday, June 26, 2020

Solution to Zambian Debt by Kampamba Shula

Solution to debt for future generation...

Tuesday, June 23, 2020

The 13th Floor - Corruption in Zambia

A guy with round gogos recently paid a visit to a government building. On the way up in the elevator the guy noticed that the building did not have a 13th Floor. After asking around no one was able to explain why this was the case. Further research revealed that the thirteenth floor is a designation of a level of a multi-level building that is often omitted in countries...

debitum solvere - Solving Debt in Zambia

Zambia's biggest problem is a moral problem not an economic one. Solving Zambia's debt problem is easy, solving the moral problem not so much. Solution 1 Anchor the kwacha in copper or gold reserves and create a sovereign derivative ( nkongole paper backed by reserves)...for more read Copper Currency reserve solution  Solution 2 IMF deal so the yields on eurobonds...

Zambia and the BIG words we use by Kampamba Shula

Zambia having being colonized by the British led to Zambia obviously becoming an English speaking country. Zambians on average speak very good English however this ability to use big English words has proven a stumbling block in Zambians actually addressing some of its challenges. For example, it is not uncommon to hear reports saying Zambia must “diversify” from mining...

Why declaring Gold a Strategic Asset is a problem by Kampamba Shula

Zambia is moving to amend gold-mining rules in order to treat the metal as strategic asset. Cabinet agreed to amend the Mines Act to align it with a policy set last October to recognize gold as a strategic mineral. That requires production by artisanal miners to be bought through the state-owned mining investment company ZCCM-IH Plc. Cabinet’s May 20 approval to...

Friday, April 26, 2019

Sales tax: The Mongu Rice Story

Sales tax: The Mongu Rice Story In a land far away there once was a restaurant called the Le Zambi. This restaurant has a lot of people in the neighbourhood who depend on it and as such the people appoint Bossano 1 and a team of “honourables” to help run the establishment. This restaurant is run by Bossano 1. Bossano 1 appoints a lady Eminem with a very nice accent to...

Friday, November 9, 2018

Currency reserves in metals: The bad guy tales

Can't fathom why people ignore the fact that Nixon decoupled all global currencies off gold in 1971. The only US president to resign for shady stuff. When I say Zambia lets back the Kwacha in copper people look at me strange like the USA and Roman empire didn't back in metals. 🤦‍♂️ But let's slow it down. Let's start with Rome. In the early days of the roman republic...

Friday, October 5, 2018

The Tokota Theorem – A Sociological and Economic Approach to Youth Crime

It is Russian Novelist, Fyodor Dostoevsky, who once said “The degree of civilization in a society is judged by entering its prisons”. Following this rationale my latest paper operates on the assertion that the state of youth in a nation is reflected by youth in prison. A nation’s youth in prison constitutes those who are deviantly criminal and those who are criminally deviant....

The John Mwanza Formula – Comparative static analysis of tax revenue, compliance and evasion in Zambia by Kampamba Shula

The Private Sector in Zambia and the Government have for a long time been at loggerheads with regards to tax rates and revenue. Government wants more revenue which usually tends to support suggestions for increasing tax rates. This tendency can best be explained by the “Law of the instrument” a phrase from Abraham Maslow’s The Psychology of Science, published in 1966...