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, August 31, 2012

The Case for Zero Rated Inputs in Zambian Agriculture

Zero rating implies that goods are taxable but at a 0% rate. What would be the point of this? The significance of zero rating is that it allows businesses claim back their input taxes in acquiring these goods from suppliers for sale. In light of the financial reforms preventing use of foreign currency in Zambian trade, this may be a necessary measure to prevent the agricultural...

Wednesday, August 22, 2012

Opinion Piece- Wage Wars in Zambia

A minimum wage sets the lower limit of what employees earn from their labours. The problem with the ongoing debate on the use of this economic tool in Zambia is that the debate does not seem to adequately reflect progression to a living wage. The living wage is two-fold, it must be met by both the employee and their employer. The necessary considerations as to whether...

Tuesday, August 7, 2012

Apple Inc Stock Analysis Complied By Kampamba Shula

Company Description Apple Inc. and its wholly-owned subsidiaries (collectively "Apple" or the "Company") designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and sells a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications....

Bernanke to Economists: More Philosophy, Please

By Brendan Greeley  “Textbooks describe economics as the study of the allocation of scarce resources,” said Ben Bernanke on Monday morning. “That definition may be the ‘what,’ but it certainly is not the ‘why.’” He was speaking to the International Association for Research in Income and Wealth, and “why” is not a question that Federal Reserve chairmen tend...