Let us assess the top banks for FY2023 using different financial metrics, considering that these results reflect last year’s performance and the landscape has shifted since then. 1. By Revenue/Market Share: Top performer: Zanaco Zanaco dominated in revenue, capturing 22.29% of the market share, followed by ABSA at 17.00% and Stanbic at 16.08%. Zanaco also […]
Zambia’s De-dollarisation Strategy: A Comprehensive Economic Analysis
DEAN ONYAMBU Zambia’s decision to implement de-dollarisation—reducing reliance on the US dollar in domestic transactions—marks a bold move to stabilize the kwacha and strengthen the efficacy of its monetary policy. Critics often cite failed attempts in countries like Venezuela and Zimbabwe, but these critiques overlook deeper economic contexts and policy missteps. By adopting a structured, gradual […]
European Megafunds
(from Pitchbook see: “Time to Close” & the Importance of IR teams) Author: Tshepo Magagane – Executive Are they as important as Investing Teams – an argument to be made there?!? Specifically, time between funds has decreased, going from a median of 5.4 years for the 2013-2015 period to 3.3 years for the 2022-2024 period […]
EU Africa strategic Partnerships
Author: Tshepo Magagane Firstly, I won’t fault the EU in Brussels (and in other cities), but agreements without Capital mean nothing! I repeat, no fault on the EU side – they really get it! But at the implementation level, there are huge problems—you still have too many people who view Africa through an 80s lens! And when […]
Navigating the Complex Terrain of De-dollarisation
Views and Thoughts By Ceaser Siwale – Chief Executive Pangaea Securities The recent initiative by the Bank of Zambia (BoZ) to explore de-dollarisation has sparked a debate among various stakeholders. The BoZ’s proposal to limit the use of the US dollar in domestic transactions, with certain exceptions like exports, tourism, and large infrastructure projects, is […]
Private Capital is Here to STAY
Thoughts from Tshepo Magagne – Executive Metals & Mining The trick (or rather the challenge) is how to unlock this Gordian knot that is Financing African Mining Projects for the Transition… …the thing in all the conversations we are having is that “no one is saying – you guys are crazy” – just wringing their […]
A [very] Short Take on Zambia’s Debt Crisis: Analysing the Scales of Fiscal Policies and Debt Dynamics
Author: DEAN ONYAMBU This chart traces Zambia’s external debt as a percentage of Gross National Income (GNI) from 1970 to 2022. The analysis explores how successive administrations contributed to Zambia’s escalating debt levels, culminating in the significant event of a default in 2020, focusing on the scale and timing of debt increases. Critical Historical Periods […]