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Zambian Economy

The New Zambian Kwacha

Zambia is in the news today because of plans by the government to rebase the Zambian Kwacha by dividing current notes by a thousand. In essence, this will effectively make a K5,000 note equal to K5, a K10,000 note will be K10, a K20,000 note will be K20 and a K50,000 note will be K50. […]

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2012 Zambian Budget

The Zambia Revenue Authority has published the 2012 Budget Address online. To view this directly, visit: 2012 Zambia Budget Address 2012 – Zambia Budget Highlights Mr. Speaker, I beg to move that the House do now resolve into Committee of Supply on the Estimates of Revenue and Expenditure for the year 1st January 2012 to […]

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2010 National Budget Not Inspiring

The 2010 national budget unveiled in a speech delivered to the Zambian National Assembly on October 9, 2009 by the Honorable Minister of Finance and National Planning is not inspiring at all, given the depth of socio-economic woes the country has been facing since the 1970s. It is not possible for our beloved country to […]

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