Zambia

BMI View: Amidst high volatility, we are maintaining our end-08 kwacha exchange rate forecast of ZMK4,200/US$, with an average 2009 forecast of ZMK4,400/US$. While increased political... 2008-11-20

As we were going to print, the Zambian election for president was slated to occur on October 30. Whoever wins, the fate of the new tax regime on the mining sector looks set for revision.... 2008-10-28

BMI View: With commodity prices falling, Zambia should get some relief from inflation, which rose to 14.2% y-o-y in September. We are forecasting inflation to come in at 13.7% at... 2008-10-28

In Zambia, the office of president wields a very large share of political power, though a constitutional reform process is underway, and accordingly political risk remains elevated... 2008-09-22

Provisional merchandise trade receipts in H108 came in at US$2.7bn for exports and US$2.4bn for imports, roughly in line with our US$5.2bn exports forecast and US$4.1bn imports forecast... 2008-09-22

While a lack of opinion polling makes forecasting difficult, the avoidance of a protracted power struggle in the ruling Movement for Multiparty Democracy (MMD) has improved acting... 2008-09-12

Thanks to newly implemented mining taxes, Zambia secured the highest monthly revenue ever from the mining sector in July 2008. Revenues reached ZMK256bn, primarily due to the higher... 2008-08-22

Inflation in Zambia reached 12.6% y-o-y in July, up from 12.1% in June amid warning from the government that further price rises can be expected in the months ahead. Our own view... 2008-08-22

We have lowered our short-term political risk rating for Zambia to 65.6 from 68.1 and our long-term political risk rating to 52.0 from 56.0 on the back of uncertainty surrounding... 2008-07-29

Despite the fact that Zambian President Levy Mwanawasa has been incapacitated by a stroke for a month now, we believe the government of Zambia is likely to continue insisting more... 2008-07-28