Kwacha


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Kwacha

References in periodicals archive ?
A continued recovery in the value of the kwacha or rebounding Chinese demand for copper could make all the difference.
The kwacha appreciated by more than 5 percent on Friday, its biggest gain in two months.
An audit by British auditors, Baker Tilly, commissioned by former president Joyce Banda, revealed that 13 billion Malawi Kwacha (about US$ 30 million) had been systematically skimmed from the government payment system in a period of six months last year.
Le gouvernement zambien a annonce qu'en 2014, il allait augmenter les fonds alloues a son programme social d'allocations en especes, les faisant passer de 17,5 millions de kwacha (3,4 millions USD) a 150 millions de kwacha (29 millions USD).
She devalued the kwacha, gave herself a big 30% pay cut and disposed of the presidential jet (she flies commercial if she has to go somewhere).
"The rebasing of the Kwacha was aimed at addressing the inflationary spirals which over the years caused the currency to depreciate to intolerable levels which were not cost neutral in terms of the economy," he said.
The family now pays 5,000 kwacha to rent one acre for farming.
JOEY POWER, Political Culture and Nationalism in Malawi: building Kwacha. New York NY: Rochester University Press (hb $85-978 1 58046 310 2).
Across Africa, Zambia is hugely popular for safaris and you will be a Kwacha millionaire for around EUR152.
During Indo-Zambia Bank Limited s 25th Annual General Meeting (AGM) cocktail party held on Friday at Pamodzi Hotel, bank chairperson Orlean Moyo said during the year under review, the total business of the bank surpassed the trillion kwacha mark and registered an impressive growth of about 14 per cent, backed by a sharp growth of about 17 per cent in the bank s credit and advance portfolio.
The dictionary defines it only as one-hundredth of a Zambian kwacha, and it takes almost 5,000 kwachas to equal a dollar.