The Cure Of Poverty (Part 1) Complied By Kampamba Shula

Herbert E. Meyer says in his book "The Cure of Poverty" That the Free Market is the cure of poverty.That’s because According to Meyer the Free Market is the only environment in which entrepreneurs can flourish.  And it’s the entrepreneurs – and only the entrepreneurs -- who create the jobs that lift us all out of poverty. Let’s begin at the beginning: The...

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Kwacha Dollar depreciation/appreciation REVIEW

Daily Mail Article By NANCY MWAPE and KALONDE NYATI THE Kwacha is expected to appreciate following the resolving of the debt crisis in Europe, Bank of Zambia (BoZ), financial markets reports and statistics manager Douglas Kalamatila says. And the local unit yesterday posted a marginal gain and was poised to close the day at about K5,050 against the United States dollar...

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Stock Review African explosives ltd (AELZ:Lusaka)

Who is African Explosives Limited? AEL Zambia Plc engages in the production and supply of commercial explosives and initiating systems; and the provision of blasting services for mining, querying, and construction markets in central Africa. The company offers bulk emulsion explosives for surface and underground use, shock tube detonating systems, and electronic detonators....

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Lusaka Stock exchange update

Thursday 10th May, 2012 DAILY COMMENTARY FOR WEDNESDAY 09th MAY,2012 The index closed at 3,911.40 points down by 0.01 points compared to yesterdays close of 3,911.69. A total of 2,656,416 shares were transacted in 17 trades worth K440 million.The SCZ price was diluted today following the bonus issue hence the K75.04 price drop. A total of 638,820,000,000 shares were...

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Trade surplus recorded,Inflation up to 6.5%

Zambia recorded a trade surplus valued at K79.6 Billion in March 2012, representing a nominal increase of about 68.1 percent from K47.4 Billion recorded in February 2012. This means that the country exported more in March 2012 than it imported, in nominal terms. Since January 2011 the country has had monthly trade surpluses with the highest valued at K1,484.5...

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LaFarge share price grows by 350% in 6 yrs

Who is Lafarge? Lafarge Cement Zambia Plc engages in the manufacture and sale of cement in Zambia. The company was formerly known as Chilanga Cement plc and changed its name to Lafarge Cement Zambia Plc in 2007. The company was founded in 1949 and is headquartered in Lusaka, Zambia. Lafarge Cement Zambia Plc is a subsidiary of Lafarge S.A. Lafarge is to my knowlegde...

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Zanaco share price Diluted

    Bonus Share Issue At the Annual General Meeting of the Company held on 30th March 2012, shareholders approved a Capitalisation Issue (“Bonus Share Issue”) by the Company. This will be an issue of bonus shares to existing shareholders at a ratio of 13 for 2, meaning 13 new additional shares issued for every 2 shares held by shareholders on the shareholder...

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