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.

Wednesday, September 26, 2012

Purchase Baking New Cakes By Natasha Mwila

Purchase Baking-new-cakes HERE!! New Book by Natasha Mwila. The South African business landscape has had notable innovative contributions from an industry largely wrongly categorised as being too informal to warrant scholarly and public attention. The 'home industry' could not represent a farther reality. The industry represents business undertakings involving home based...

Tuesday, September 18, 2012

Zambia's $750 mil EuroBond :Talk time example

A need has arisen to explain the recent Eurobond issue by the Zambian Government using an example that everyone can relate to and understand, talk time. Now Airtel, a mobile service provider in Zambia, has a promotion called Siliza. This allows you to borrow air time when you have nothing in your account. We shall use an adapted version of this promotion to explain the...

Zambia's $750 MIL Euro Bond Explained in Simple English

I was having a discussion with a friend yesterday about the recent Euro Bond that Zambia issued.He didnt seem to understand so I gave him an example with which he could relate to. My friend is a bricklayer and works peacework sometimes which varies in amounts,but lets put an estimate of K10,000 a day. Everyday he comes to the bar to have a drink of his favourite brew "shake...

Monday, September 17, 2012

Zambia's Inaugural $750 million Bond Evaluated By Kampamba Shula

Zambia has issued a USD 750 Million inaugural International Bond which was over-subscribed 24 times by 425 Global Investors, thereby representing Sub-Saharan Africa’s largest ever book order. ISSUES TO CONSIDER 1. Conducted 5-day roadshow covering the key institutional accounts in London, Los Angeles, San Francisco, Boston and New York. 2. Inaugural 10-year International...

Tuesday, September 4, 2012

Anti Dollarisation in Zambia (SI 33) Complied By Kampamba Shula

The zambian government has recently re-introduced the statutory instrument (SI) No 33 of May 2012 which banned paying,quoting or demanding to be paid in foreign currency in domestic transactions. SOME landlords in Zambia are in the habit of demanding rental payments in US dollars. It has also been rumoured that some chief executive officers of some major parastatal...