The Impact of GDP, Inflation, Interest and Exchange rates GDP on the Stock Market in Zambia

A latest paper shows that GDP, inflation, interest and exchange rates explain the movement of stock prices in Zambia. A regression analysis showed that the explanatory variables accounted for 97.5% of the variation in stock prices. Specifically, the findings suggest that the exchange rate was the most important variable influencing stock prices. You can download/ read the paper below bit.ly/2nTQuTy http://bit.ly/2n2ybqx   The_Impact_of_GDP_Inflation_Interest_and by

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The Maize Laws by Kampamba Shula

Maize (Corn) is the main ingredient in the staple food of Zambia. This has been the default status for so long as the course of history shows us. Regimes have been toppled and riots have broken out over either the availability or price of mealie meal. The political quotient of maize is indisputable. Government involvement in the sector has thus been to steer the dynamics to a favorable result. This has proved easier in theory than practice. This working paper discusses the Maize Laws and Government involvement in the industry…

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2017 edition of the course on Local Economic Development

Please find attached the flyer of the international course ‘Local Economic Development: towards agribusiness cluster development (LED)’. The LED course will be held in South Africa. The course is organized by the Centre for Development Innovation (CDI) of Wageningen UR, in collaboration with the Agricultural Research Council (ARC) of South Africa. The course is focused on catalysing vibrant rural economies through agrifood sub-sector and agribusiness cluster development. The LED course targets resource poor consumers and smallholder producers as beneficiaries. For your information, the course qualifies for theNetherlands Fellowship Program (NFP)…

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Lessons for Zambia from Ghana’s IMF Experience – Professor Newman Kusi

On 16th February 2017. The Economics Association of Zambia hosted a public discussion on the IMF recovery program.At the event, Professor Newman Kusi of Ghana presented key lessons via skype that Zambia could learn from Ghana who experienced a similar situation with the IMF recently. Below are the Brief Note and Full Note with lessons.Download below. Discussion Note: Lessons from the Ghanian Experience Newspaper Article – Lessons from the Ghanian Experience by

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2017 Budget Highlights & Analysis

On 23 rd November EAZ Program Officer Kampamba Shula made a presentation on the 2017 budget highlights and analysis at Mulungushi conference centre. Here are the highlights. The resource envelope projects Grants and Financing at 27%, which is a rather large percentage. The grants and financing will be greatly affected by how much Government is able to solicit confidence in the economy’s fiscal trajectory and debt sustainability. A deal with the IMF in the first quarter of 2017 could help accomplish this. In simple terms, without some confidence boost it…

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The Global Economy: Effects on Commodity Dependent Countries like Zambia

On the 17th of November, 2016 EAZ Programs Officer Kampamba Shula made a presentation at the FNB Financial Journalism academy at Protea Hotel on “The Global Economy Effects on Commodity dependent countries like Zambia”. It was well received. Below are some of the highlights. US Job Market US Nonfarm payrolls (Job numbers minus farm workers) has slowed in the last few months which might indicate weakness in the US economy. China PMI The Chinese HSBC Manufacturing PMI is a composite indicator designed to provide an overall view of activity in…

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