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.

Thursday, January 31, 2013

Exchange Rate Analysis by Kampamba Shula

By  3:14 AM  , ,  No comments
US Dollar Exchange Rate Ever since the Kwacha began rebasing on 1st January 2013, it has experienced volatile trades throughout the month of January. The week from 7th January to 11th January showed some volatility (See Graph) with an upper limit of 5.35 and a lower limit of 5.19.   The second week from 14th January to 18th January had low volatility as...
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Thursday, January 24, 2013

China Manufacturing hits 2 year high

By  1:34 AM  , , ,  No comments
  China’s manufacturing is expanding at the fastest rate in two years, according to a private survey of companies, bolstering prospects that economic growth will accelerate for a second straight quarter. China’s manufacturing crept higher this month to the fastest pace in two years, a survey showed Thursday, in another sign the world’s second-biggest economy is coming...
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Wednesday, January 9, 2013

Bank Of Zambia places Caps on Annual Interest Rates of Non-Banking Financial Institutions

By  12:37 AM  ,  No comments
According to a press release from the Bank of Zambia.BOZ has placed Interest rate caps on Non-banking financial institutions and microfinance institutions. BOZ Press Release Further to the recent measures taken on commercial banks, the Bank of Zambia wishes to advise that the Bank has also decided to introduce a cap on the effective annual lending interest rates...
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