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This study investigates the monetary policy transmission in Zambia by examining the magnitude and speed of the pass-through from the Bank of Zambia policy rate to commercial bank interest rates using the Johansen cointegration approach. The study also investigates the symmetric/asymmetric...

Commercial banks perform an important part in financial intermediation. Zambia, like any other nation, needs a stable banking system in order to finance private and public investments. The fruitfulness of the banking system in channelling funds from depositors to lenders is often gauged by...

Given that empirical work has revealed that the relationship between bank profitability and exchange rate fluctuations is inconclusive. This study assessed the impact of exchange rate volatility on bank profitability in Zambia. Monthly-secondary time series data was collected from the Bank of...

Net interest margins (NIM) have been an interesting issue and of great debate. In Zambia, NIM has generally been high thus, having low savings rate and high lending rates. This is not good for the economy because on one hand, it discourages savings thereby, reducing the levels of monies available...

The aim of the study was to investigate the impact of real exchange rate volatility on Zambia’s agricultural exports in an export demand framework this includes relative prices which are a measure of competitiveness and foreign incomes capturing foreign economic activity between 1991 and 2011.The...

This study investigated the empirical evidence on the effect of exchange volatility on private capital inflows in Zambia. The investigation used monthly time series data for the period 1992-2012 relating to exchange rate, gross domestic product, foreign direct investment and foreign portfolio...

This study investigated the impact of public investment on private investment and real output in Zambia, utilising time series data for the period 1980-2008. A Cointergrated Vector Autoregressive Model (VAR) was employed. Based on the existence of a long run Cointergrating relationship, the short...

Financial intermediation is essential for economic development. The consensus is that Zambia needs a stable and efficient banking system in order to finance both private and public investment and expenditures. The effectiveness of the banking system in channelling funds from surplus to deficit...