euro money awards
Toyota Zambia

Citigroup holds bullish view on commodities in 2017

Forget Brexit, go for raw materials. Citigroup Inc. says that it’s bullish on commodities including oil in 2017 as the impact of the U.K.’s...

African Eurobonds: three themes from Q2:2018

By Gregory Smith – Fixed Income Strategist for Emerging Markets First, record issuance in 2018. Despite talk about the debut issuance from the continent in 2012-14, the...

Global Food Giant Heinz Appoints 29 Years Old David Knopf As...

Kraft Heinz’s new CFO couldn’t rent a car five years ago. 29-year-old David Knopf will soon handle finances for the food giant, which has...

Copper industry sees worst of crisis over, but recovery gradual.

The copper business will recover from crisis mode after plummeting prices for the metal resulted in output cuts, industry executives said at a meeting...

One Way Traffic: Foreign Exchange Market (Dollar demand) ‘anaemia’ is causing...

Currency price is a function of demand and supply. In the Zambia foreign exchange market currently, supply is not matched by commensurate demand. As...

BOZ signals improved liquidity, cuts OLF rate by 5.5%

The Bank of Zambia (BOZ) has strongly signaled to the market that it is aiming for the lending rates in Zambia to come down...

BOZ Sells K1.63billion in Bonds in Oversubscribed Offering.

The Bank of Zambia sold K1.63billion ($163million) in bonds in a deeply oversubscribed auction yesterday 24 February 2016. This was the first auction of...

Food Prices slow Zambia’s August Consumer Price Index 70 bps lower...

Zambia's August consumer price index slowed 70 points to 19.6% on account of a drop in food prices, Central Statistics Office Director John Kalumbi...

How Zambia’s real GDP growth has been proxied with exchange rate.

Africa's second largest producer of copper, Zambia's growth halved in 2015. Zambia recorded 3.22% (from 6.5% in 2014) in gross domestic product slightly...

“Zambia Plus” Economic Recovery Program – Chapter 1 “We can’t spend...

Zambia's Newly appointed Finance Minister delivered his 2017 budget in Lusaka the capital on Friday 11 Nov. The budget was not too aggressive but...