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Zambian Economist
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Zambian Economist

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A new constitution rises!
We have hesitated to comment on the recent passing of the Constitution of Zambia (Amendment) Bill because the final document is not yet public. It awaits presidential ascent. We do want to make it clear that this is a tremendous achievement for Zambia. The ...
We have hesitated to comment on the recent passing of the Constitution of Zambia (Amendment) Bill because the final document is not yet pub...
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Zambian Economist

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Zambia's Tinbergen Moment
A reader recently has asked for more explanation on the precise challenges facing Zambia. This is a huge question! We have already said much about this subject through many posts, especially on our Facebook page. But we appreciate that there is a lot more t...
A reader recently has asked for more explanation on the precise challenges facing Zambia. This is a huge question! We have already said muc...
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Zambia Budget 2016
Finance Minister Alexander Chikwanda delivered the Budget Statement 2016 on Friday. A fairly boring budget with nothing new really, which is as expected given the chaotic fiscal and monetary situation Zambia has found itself in. The only surprise is that Al...
Finance Minister Alexander Chikwanda delivered the Budget Statement 2016 on Friday. A fairly boring budget with nothing new really, which i...
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Zambian Economist

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Zambia's economic woes goes viral
We recently shared this post on Facebook which has gone viral. it has been wonderfully exciting to see it re-shared countless times. Most importantly it has generated interesting discussions about how to tackle the changelings ahead . There are essentially ...
We recently shared this post on Facebook which has gone viral. it has been wonderfully exciting to see it re-shared countless times. Most i...
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Zambia in Figures (1964 - 2014)
A very helpful statistical pack covering key figures since independence. This should hopefully help eliminate confusion over competing figures quoted in the media. AUTHOR Chola Mukanga Copyright © Zambian Economist 2015
A very helpful statistical pack covering key figures since independence. This should hopefully help eliminate confusion over competing figu...
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Zambian Economist

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Zambia Kwacha Chaos: BOZ Response
Editor's note : A recent statement from the Governor of the Bank of Zambia on the sharp depreciation of the Kwacha which has seen it breach K9 per US$1 and now looks inevitable to reach K10 as copper prices tumble and the fiscal deficit worsens. The BoZ ana...
Editor's note : A recent statement from the Governor of the Bank of Zambia on the sharp depreciation of the Kwacha which has seen it b...
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Pricing in dollars
The government is apparently considering reintroduction of suspended Statutory Instrument (SI) 33 of 2012 which prohibits quoting prices in dollars, according to the Ministry of Finance. Times of Zambia’s James Muyanwa in a recent summary of President Lungu...
The government is apparently considering reintroduction of suspended Statutory Instrument (SI) 33 of 2012 which prohibits quoting prices in...
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On Break!
I am currently taking time off writing to renew my batteries and spend some time thinking around various issues on the ground. Will resume in December. Many thanks!
I am currently taking time off writing to renew my batteries and spend some time thinking around various issues on the ground. Will resume i...
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Zambia is downgraded again!
Editor's note : The ratings agency Moody's recently downgraded Zambia's credit rating from 'B1' to 'B2' based on "sustained deterioration in fiscal and debt metrics" in the context "lower growth environment" due to weaker copper prices and electricity sho...
Editor's note : The ratings agency Moody's recently downgraded Zambia's credit rating from 'B1' to 'B2' based ...
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Zambian Economist

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State House on Zambia Kwacha Freefall
Editor's note : President Lungu has issued a formal statement on the rapid depreciation of the Kwacha. The Kwacha today was trading above K10 per US$1. The Bank of Zambia Governor Denny Kalyalya yesterday indicated that he has no plans to halt the depreciat...
Editor's note : President Lungu has issued a formal statement on the rapid depreciation of the Kwacha. The Kwacha today was trading a...
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Zambia Monetary Policy Statement (August 2015)
Editor's note : The Bank of Zambia released its quarterly monetary policy statement in August. It noted the need for fiscal consolidation, by addressing revenue shortfalls and rationalising expenditures, in order to achieve fiscal sustainability and lower g...
Editor's note : The Bank of Zambia released its quarterly monetary policy statement in August. It noted the need for fiscal consolidat...
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Zambia MTEF 2016-18 and 2016 Budget
The Government has released the Medium Term Expenditure Framework (MTEF) for 2016 - 2018 and the outline for the 2016 budget. This is essentially the PF plan for re-election as this will be last budget outline before the elections in 2016 [actual budget due...
The Government has released the Medium Term Expenditure Framework (MTEF) for 2016 - 2018 and the outline for the 2016 budget. This is essen...
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Economic perspectives on Zambia
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Economic perspectives on Zambia