Tag Archives: finance

Diaspora Bonds in an African Context

The Chief Economist Complex of the African Development Bank Group has released an Economic Brief on the application of diaspora bonds in an African context. Drawing lessons from diaspora bond issuances in Israel, Ethiopia and India, the paper, entitled “Diaspora … read more »

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Opposition victory is possible – Magande

Former finance minister Ng’andu Magande has charged that it is possible for the opposition in Zambia to win this year’s general elections. Mr. Magande who is National Movement for Progress President has however, observed that for the opposition in the … read more »

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National Movement for Progress (NMP) party not tribal or regional, says Ng’andu Magande.

By Chibaula Silwamba In an interview with the POST newspaper yesterday, Magande, who is interim president of the newly formed National Movement for Progress (NMP) party, said members of the party were from all parts of the country. “It’s obvious … read more »

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What Ordinary Zambians feel about brain-draining their country

Malama Katulwende I must confess that the central idea of my novel, “Bitterness”, was actually conceived in a lecture room when Professor Godfrey Lungwangwa – then senior lecturer at the University of Zambia – debated human capital flight in Third … read more »

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Zambia 2011 Budget – Full statement in parliament

Zambia 2011 Budget Address by Hon. Dr. Situmbeko Musokotwane, MP, Honourable Minister of Finance and National Planning  Delivered to the National Assembly on Friday 8th October, 2010 1. Mr. Speaker, I beg to move that the House do now resolve … read more »

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Zambia: Donors reduce grants to 2011 budget

PostOnline COOPERATING partners have reduced their grants contributions to Zambia’s national budget for 2011 by almost half to only 7.7 per cent compared to 14.5 per cent this year. And the government has allocated K244.6 billion for the holding of … read more »

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DEC arrests Rajan Mahtani

By Times Reporter FORMER Finance Bank chairperson Rajan Mahtani has been arrested in connection with money laundering activities involving more than K80 billion. He was arrested by a joint investigations team from the Drug Enforcement Commission and the Anti-Corruption Commission. … read more »

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Zanaco secures $25m for SMEs

By Business Reporter THE International Finance Corporation (IFC) and Zanaco have announced an injection of US$25 million into the bank to increase small entrepreneurs and agricultural companies’ access to finances to contribute significantly to the Zambian economy. IFC is a … read more »

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Government Hands Over Zamtel To New Investor

The Zambian government has handed over the 75 percent shares in Zamtel to the new owners Libya’s telecommunication firm Lap Greenn. This means that government now owns only 25 percent shares in the country’s telecommunication firm. Speaking during the handover … read more »

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