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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Cabinet approves national strategy for development statistics bill

National Development Planning Ministry has revealed that Cabinet approved the National Strategy for the Development of Statistics Bill during a meeting in Lusaka. National Development Planning Public Relations officer Sikabele Chikuba said the bill presented to Cabinet by Minister of National Development Planning Lucky Mulusa seeks to establish an effective and efficient National Statistics System that will be responsive to the information requirements of a modern and smart Zambia. He explained that the 2017 Statistics Bill was drafted to replace what he termed as the outdated 1964 census and statistics…

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Commodity hedge fund Blenheim sees upside in copper, zinc

MELBOURNE Copper and zinc are the two standouts among a brightening outlook for base metals, with supply constraints and China-driven demand set to lift prices in coming months, U.S. commodity hedge fund Blenheim Capital Management said. After a near six-year downturn that bottomed early last year, industrial metals are being driven more by supply and demand fundamentals than global monetary trends, base metals analyst Ingrid Sternby told Reuters in a rare interview. The famously private Blenheim sees interest in commodities finally picking up and Sternby said there’s now “a good…

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Kenya starts selling bonds via mobile phones

Kenya has become the first country to exclusively sell government bonds to citizens via their mobile phones, as it seeks new ways of raising money. The country is already a pioneer in the use of mobile money. The government is looking to tap into that network by allowing mobile phone users to trade the government securities across their phones. Kenyans can buy one of the bonds for as little as 3,000 Kenyan shillings ($30; £23), the country’s central bank said. Kenya’s banking system is fuelled by mobile payments. The main…

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