Tag Archives: Uncle Mike

ZAMBIA: Business Review by Uncle Mike

WRONG MOVE BY BOZ…WHO OWNS FOREX? > The current wrangle caused by Bank of Zambia (Boz) to introduce a bill to control foreign exchange outflows and inflows is a big blow to a liberalized economy. The move by our bank … read more »

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ZAMBIA: Business Review by Uncle Mike

BILL TO INTRODUCE CONTOL OF FOREIGN EXCHANGE… There we go again. Currently there is a bill before parliament presented by the minister of finance to amend the bank of Zambia act. Specifically the bill Proposes the re introduction of foreign … read more »

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ZAMBIA: Business Review by Uncle Mike

PACRA MOVE WRONG…… The recommendation by Pacra that certain business should be reserved for Zambians only is wrong. The problem of some non Zambians involved in low level businesses is a result of illegal immigration caused by a system that … read more »

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Business Review by Uncle Mike

COSTLY SOCIAL VENTURES… It is surprising that certain events that are costly to this nation and totally unnecessary that existed in the first and second republic are still prevalent today. I’m referring to the Practice of welcoming political leaders at … read more »

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Round up of Business for the week by Uncle Mike

The roundup of news this week reviews a distressing time for some of us who have lived for more than half a century in our country Zambia. Recent developments in the economy are reminiscent of the conditions that existed in … read more »

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