Business Cycle Review – Impact of COVID on GDP
The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (GDP) and other macroeconomic variables. A business cycle is typically characterized by four phases -recession, recovery, growth, and decline that repeat themselves over time. The business cycle is the […]
Budget Process in Zambia
The budget is the most important economic policy tool for macroeconomic management and resource allocation for any government. It provides a comprehensive statement of the nation’s priorities. Over the years, the budget has evolved from being a simple accounting tool to a planning and governance document upon which the success […]
NAPSA Position Paper
Many SME’s struggle with compliance to the statutory obligations under NAPSA. Excluding many formal businesses, Low compliance levels manifest in the difficult-to-reach groups. Even when new businesses do register, there is a likely risk that the targeted groups will merely register but remain non compliant in terms of remitting contributions. […]
Kenya-based credit data marketplace CARMA signs agreement for initial rollout in Zambia
Kenya-based credit data marketplace CARMA, which provides lending companies with access to real-time credit data on a peer-to-peer basis through a pay-as-you-go service, has signed an agreement for an initial launch in Zambia ahead of a full continental rollout. CARMA describes itself as the world’s first credit data marketplace, tackling […]
Call for application: NINJA (Next Innovation with Japan) Business Plan Competition in response to COVID-19 under the concept of “SMART” in Zambia
1. About NINJA Business Plan Competition The Japan International Cooperation Agency (JICA) has announced the launch of the NINJA (Next Innovation with Japan) Business Plan Competition for businesses emerging or growing during and after the COVID-19 outbreak. The competition will be held in 19 African countries, including Zambia. Applicants will […]
IMF widens Zambia’s recession forecast to -5% as COVID19 effects deepen
IMF revised Zambia’s recession forecast for 2020 wider to -5.0% from an earlier -3.2% (at the virtual spring meetings in April). This meeting was held after cabinet approved for the Ministry of Finance to commence talks with the IMF for an economic program. The session addressed Zambian governments response to […]
COVID-19 – Its effect on Public Health, Workers and the Business Sector
The COVID-19 shock has significantly impacted economic prospects growth this year will be negative, poverty has likely increased, and fiscal pressures have increased further with lower revenues, higher expenditure needs, and an already high debt service burden. Policy will need to focus on both near- and medium-term targets to address […]
Call for Applications: Consultant Local sourcing for partnership
Comesa Business Council is seeking a Zambian Training Consultant with technical expertise in Food Safety Management Systems. Visit the Comesa business council website for the full terms of reference. http://comesabusinesscouncil.org/expression-of-interest-call-for-applications-individual-consultants-comesa-business-council-local-sourcing-for-partnership-lsp-project/ https://t.co/EVU3vxRsgU?amp=1
Business opportunities discussion
Want to learn more about #business opportunities in #Zambia then tune into the discussion between Chabuka Jerome Kawesha, President of the Zambia Chamber of Commerce and Industry and Simon Nkole based in the UK today at 17hrs Zambian time. BE INSPIRED BE AN INVESTOR
Inspired Dreams E-Commerce Business Training
Inspired Dreams will be holding a free online E-Commerce training in collaboration with the Best of Zambia, this friday, 17th July 2020. Also attached is a poster with details about the E-Commerce training. See below the registration link: Registration Link: https://forms.gle/mkV1T1Hb5LGLM7mm7