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.

INDECO (IDC): Past Problems and Opportunities Analysed by Kampamba Shula

INDECO (IDC): Past Problems and Opportunities Analysed

Critical Review of IMF 2013 Zambia ARTICLE IV CONSULTATION report by Kampamba Shula

Debt management is still on track The agreed norm is that for internal borrowing the threshold is 25 per cent of GDP but our debt stands at K17 billion, which is 15 per cent of GDP and for external borrowing, the threshold is 40 per cent and our debt is US$3.1 billion which is 14 per cent of GDP, so we are far below the agreed norms. So even in the long term , Zambia is still on track.

US Economy 2014 First Quarter Analysis and Outlook by Kampamba Shula

New data shows the U.S. economy contracted in the first quarter of this year, keeping pace with shifting expectations but down sharply from the prior already disappointing estimate.

Zambia Debt Analysis

Some might say that Zambia should not borrow externally and even as sincere as they may be they are wrong. When the Government borrows locally “Crowing out” happens.

Tuesday, October 21, 2014

Zambia Budget Review: Revenue and Expenditure (2004-2014) by Kampamba Shula

1.          Trend analysis 1.1.       Revenue 1.1.1.      Overview ·         The highest revenue collections in the past 10 has been from Valued added tax followed by PAYE then by Customs, Excise and Trade Taxes....

Monday, October 13, 2014

2015 Budget Review and Analysis by Kampamba Shula

2015 Budget 1.1. Economic developments in 2014 • Current estimates are that the Zambia economy will create 120,000 new formal sector jobs mostly from the private sector. • Preliminary projections are that real GDP growth will be higher than the projected 6.5 percent for this year. This will be mainly driven by a good harvest in the 2013/2014 farming season, increased...

Thursday, October 2, 2014

VAT Rule 18 Analysis : The Amber Rose and Wiz Khalifa Example by Kampamba Shula

VAT Rule 18: Background and Current Affairs Valued Added Tax Rule No. 18 has been in existence since 1997 with the intention of making Zambian exports competitive through VAT refunds on exports. Under Rule 18, the requirement to obtain information from importers outside Zambia’s jurisdiction has proved impractical and results in delayed processing of VAT refunds. According...

Friday, September 19, 2014

Medium Term Expenditure Framework (2015-2017) Review and 2015 Budget Projections by Kampamba Shula

Medium Term Expenditure Framework (2015-2017) Review and 2015 Budget Projections Click here to download via Academia 1.1.       Introduction The 2015 – 2017 Medium Term Expenditure Framework (MTEF) has been formulated with the overall objective of enhancing the benefits to citizens from the positive economic growth that has been achieved...