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  • By Zali Chikuba

    The announcement of the development of a national fire and rescue service policy and procurement of 42 fire tenders by the Minister of Local Government, Honourable Vincent Mwale carried in the July 18, 2017 edition of the Zambia Daily Mail should be soothing to many.

  • By Florence Banda-Muleya and Caesar Cheelo

    Two weeks ago the Minister of Finance delivered the 2016 National Budget Address to the National Assembly. The buzz that came in the aftermath of the Address was no surprise. For days the general public and organisations alike talked about nearly every segment of the Budget trying to figure out what the big deal about this particular Budget was. Why should it matter so much?

    To begin with, the National Budget represents Zambia's financial plan for the fiscal year, in this case 2016.

  • By Malindi Msoni and Shebo Nalishebo

    The Zambian government has to-date issued three Eurobonds: one worth US$750 million in 2012, another for US$1 billion in 2014 and for US$1.25 billion this year (2015). While Eurobond issuances present several potential benefits for the country, notably increased financing for infrastructure development, they also expose the country to significant risks. Because they are denominated in US Dollars, Eurobonds are susceptible to losses resulting from adverse fluctuations in the exchange rate, commonly known as currency risks.

  • By Gibson Masumbu

    Income inequality has attracted growing attention on the economic development platforms in recent years. From the many conversations on the topic, it is evident that many countries have recognized growing inequality as one of the biggest social, economic and political challenges of our time.

    Economists are spending sleepless nights building databases and devising better methods of measuring it.