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, December 5, 2012

The U.S Fiscal Cliff analysed by Kampamba Shula

By  8:15 AM  , ,  No comments
The U.S.A Fiscal Cliff Much has been debated recently in International media as well as in the U.S.A over the fiscal cliff. Democrats and Republicans are at longer heads to get to some amicable deal while the market limbos in uncertainty and businesses hold back on recruitment and capital expenditure. “Fiscal cliff” is the popular shorthand term used to describe...
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Rebasing the Zambian Kwacha analysed by Kampamba Shula

By  7:34 AM  , ,  6 comments
Rebasing the Zambian Kwacha On 23 January 2012, GRZ gave approval to BOZ’s recommendation to rebase the Zambian Kwacha. The change over date has been set for 1 January 2013.  •The rebasing will involve dividing the existing currency by one thousand (1,000). To illustrate, the current K50,000 note will become K50 following the rebasing exercise. ••The BOZ have...
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