Solution to debt for future generation...
Friday, June 26, 2020
Tuesday, June 23, 2020
The 13th Floor - Corruption in Zambia
A guy with round gogos recently paid a visit to a government building. On the way up in the elevator the guy noticed that the building did not have a 13th Floor. After asking around no one was able to explain why this was the case. Further research revealed that the thirteenth floor is a designation of a level of a multi-level building that is often omitted in countries...
debitum solvere - Solving Debt in Zambia
Zambia's biggest problem is a moral problem not an economic one. Solving Zambia's debt problem is easy, solving the moral problem not so much.
Solution 1
Anchor the kwacha in copper or gold reserves and create a sovereign derivative ( nkongole paper backed by reserves)...for more read Copper Currency reserve solution
Solution 2
IMF deal so the yields on eurobonds...
Zambia and the BIG words we use by Kampamba Shula
Zambia having being colonized by the British led to Zambia obviously becoming an English speaking country. Zambians on average speak very good English however this ability to use big English words has proven a stumbling block in Zambians actually addressing some of its challenges.
For example, it is not uncommon to hear reports saying Zambia must “diversify” from mining...
Why declaring Gold a Strategic Asset is a problem by Kampamba Shula
Zambia is moving to amend gold-mining rules in order to treat the metal as strategic asset. Cabinet agreed to amend the Mines Act to align it with a policy set last October to recognize gold as a strategic mineral. That requires production by artisanal miners to be bought through the state-owned mining investment company ZCCM-IH Plc. Cabinet’s May 20 approval to...
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