Fast Market Research

Market Report, "Zambia Business Forecast Report Q2 2014", Published

Recently published research from Business Monitor International, "Zambia Business Forecast Report Q2 2014", is now available at Fast Market Research

 

Boston, MA -- (ReleaseWire) -- 04/29/2014 -- We retain our view that the Zambian economy will expand by 6.9% in 2014, up from an estimated 6.3% in 2013, thanks to strong private consumption, robust investment and resilient exports.

We are expecting Zambia's current account surplus to narrow in the years ahead thanks to high import demand and weak copper prices. Even though the current account will remain positive and we expect foreign direct investment to continue to flow in, we note that Zambia's external accounts are rendered vulnerable by significant 'other investment' outflows in the financial account.

Despite increasing from 7.1% in December 2013 to 7.3% in January 2014, we believe that Zambia's inflation outlook is relatively benign. We therefore expect the authorities to maintain the current monetary policy trajectory and to keep rates on hold at 9.75% for the year.

Key Risks To Outlook

The most salient risks to Zambia's economy stem from global economic developments which directly impact the price of copper, Zambia's chief export, as well as the appetite for frontier market investment. If struggles in Europe, China, and other major markets are more or less pronounced than we currently anticipate, then our forecasts would be rendered either too optimistic or too negative.

View Full Report Details and Table of Contents

We believe that President Michael Sata understands the importance of maintaining good relationships with foreign businesses and other private sector stakeholders. However, recent actions threaten Zambia's reputation for democratic stability, and if the situation worsens, businesses may become more wary.

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Country Reports research reports at Fast Market Research

You may also be interested in these related reports:

- Chile Business Forecast Report Q2 2014
- Brazil Business Forecast Report Q2 2014
- Trinidad & Tobago Business Forecast Report Q2 2014
- Hungary Business Forecast Report Q2 2014
- Croatia Business Forecast Report Q2 2014
- Russia Business Forecast Report Q2 2014
- Canada Business Forecast Report Q2 2014
- Albania Business Forecast Report Q2 2014
- Lithuania Business Forecast Report Q2 2014
- United States Business Forecast Report Q2 2014