AUTHOR: Wasili Mfungwe CONTENTS Executive summary Outlook for 2014…………………………………………. Highlights………………………………………………….. Country risk rating and analysis…………………………… Market Developments……………………………………….. Fixed Income Market……………………………………. Activity in the Equity Market …………………………… Foreign Exchange Market……………………………….. Developments

AUTHOR: Wasili Mfungwe ZAMBIA Money Market Developments–  Local Interbank Money Market Interbank rate has been relatively stable at 11.20%. Monetary Policy Rate Zambia’s central bank left its main lending rate

    AUTHOR: Wasili Mfungwe MALAWI 1.0 Money Market Developments 1.1  Interbank Money Market Signs of liquidity tightness exhibited at the close of last month persisted in the market throughout

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