Why Wind Fall Tax is not the Solution: The Golden Goose Example By Kampamba Shula

Windfall tax First off before we delve into this subject we must define what Windfall tax actually is. Windfall tax is a tax levied by governments against certain industries when economic conditions allow those industries to experience above-average profits. Windfall taxes are primarily levied on the companies in the targeted industry that have benefited the most from...

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Zambia Debt Analysis by Kampamba Shula

Zambia Debt Analysis Recently the Minister of Finance presented the 2014 Budget and estimated the budget deficit to be around 8.5% of GDP. Standard & Poor recently changed their outlook to negative while Fitch Downgraded Zambia’s debt. This and many other recent events called for a fresh review of Zambia’s debt. Intro In April 2005, Zambia reached the completion point...

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Zambia 2014 Budget Analysis by Kampamba Shula

2014 Budget Analysis On the 11th October 2013 , the honorable Finance minster presented the 2014 Budget address to the national assembly.This is an analysis based on  the information in the Address. All Graphs and Calculations belong to to the author and no claim can be made by any who choose to use the analysis in this article. Overview of the Global and Domestic...

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Critique of IMF by Kampamba Shula

Critique of IMF Loan Conditionality What is Conditionality? Conditionality is most often associated with aid money. International organizations, such as the International Monetary Fund (IMF) and World Bank, or individual countries can use conditionality when lending money to another country. The donor country requires that the country receiving the funds adhere certain...

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