09/11/2019
One thing we don't forget is to inform our clients honestly.
Next year's budget (2020) for Zambia has contraction effects on the economy, i.e Lower Government Expenditure, and higher taxes (basically to service government loan repayments. This economically reduces the money in circulation. Meaning citizens will have to pay to government a lot and very little access to funds as government is the biggest market for suppliers.
Therefore, realign your strategy, just for next year, by reducing you supply to government, use all means to avoid transactions that increases your tax liability. And also spend you money conservatively (do not spend your money unless you need to).
In this line, the impact of this fiscal policy will not be as much felt as it would be otherwise.
2020 RESOLUTION = CUT SPENDING FURTHER.....
NEED IMMEDIATE CASH TO REPAY ON MONTH-END, THINK HAVEN.