Kwacha


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Kwacha

References in periodicals archive ?
The kwacha appreciated by more than 5 percent on Friday, its biggest gain in two months.
Until now 10,000 kwacha was worth roughly two dollars.
He cites last year's 10% devaluation of the kwacha, which again was forced on him by the donor partners, saying it resulted in a sharp increase of prices of goods and services.
The family now pays 5,000 kwacha to rent one acre for farming.
The size of the balance sheet also grew by about 12 per cent by crossing the trillion kwacha mark and reaching the level of K1, 031.
These funds to support MSMEs will be provided in Kwacha because we don t want AB Bank to incur foreign exchange risks, which we will take up .
Bank of Zambia said in a statement that it was illegal to price goods and services in foreign currencies if input costs are not in Zambian kwachas.
Mercy lost all the maize she had in storage and now her husband earns a few kwacha a day as a bicycle taxi operator -- just enough to buy some flour to make porridge together with rations provided at the camp to cook their only meal of the day.
Basically, it is to do with the devaluation of the kwacha as well as rising transport costs," said Mahesh Josyabhatla, chief executive officer of Bakhresa Grain and Milling, one of the leading suppliers of bread flour.
Across Africa, Zambia is hugely popular for safaris and you will be a Kwacha millionaire for around EUR152.