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.

Friday, February 28, 2014

Critique of the US Federal Reserve by Kampamba Shula

US Federal Reserve Monetary Policy We cannot discuss US monetary policy without looking at its history to create a backdrop on which further analysis can be done. The first question that should be answered is why exactly has the US Federal Reserve been using Quantitative Easing as its monetary policy strategy? Why not use interest rates? The answer lies in the actual definition...

Thursday, February 20, 2014

Emerging Markets Currency Depreciation :Case of Zambia by Kampamba Shula

Emerging Markets The worst sell off in emerging-market currencies in five years is beginning to reveal the extent of the fallout from the Federal Reserve’s tapering of monetary stimulus, compounded by political and financial instability (Bloomberg, 2014). The Turkish lira plunged to a record and South Africa’s rand fell yesterday to a level weaker than 11 per dollar...