Zambia’s insurance sector grew by 13% in 2022-IAZ
• The 2022 performance of the insurance sector is cause for optimism.• The sector recorded both a growth in premiums, as well as an increase
Category : Financial Insights
Kwacha depreciation persists due to high FX demand
• Debt restructuring deal has come with optimism regarding the future of the economy in terms of its performance.• This has resulted in high demand
Bloggers nod increase in Digital Financial Services in 2022
• It reflects a growing acceptance and adoption of digital technologies in the financial sector.• This can have a profound impact on the country’s economy
Government must restrict itself from borrowing on domestic market – AFRINET
• There is need for government to make intelligent decisions.• Debt restructuring has created fiscal space within which government can operate.• There will be enough
Zambia must embrace use of Blockchain technology-Analyst
• The country is in a situation where it wants to move away from corrupt or unaccountable government practices.• All procurements can be done on
Financial Analyst attributes Kwacha weakness to externalization of dollars
• Zambia is importing more than it is exporting.• The country is not generating as much revenue to be able to meet the demand.• These
Manufacturing sector records 1.3% growth in first half of 2023
• In the first quarter of 2021, the sector’s value-added percentage growth rate was -3.1% compared to -2.8% in the same quarter of 2022.• The
Government to start negotiations on debt restructuring
• Government will soon start the process of negotiating with its private creditors on debt restructuring.• What government has currently agreed upon, are principles of
Identify key priority areas to invest in – Economist
• Zambia’s economic program is well established.• Government has shown commitment towards improving people’s welfare.• The economy had suffered a lot of challenges to grow.
NAPSA pays out K6.2 billion in pre-retirement lump sum benefits
• 237, 401 members have so far claimed their pre-retirement lump sum benefits• The K6.2 billion constitutes K3.6 billion in terms of raw contributions.• NAPSA