References in periodicals archive ?
Gaudenzio Rossi, chairman of the Hotels and Catering Association of Zambia, told African Business that the fall in the value of the Zambian kwacha has "not done much to attract more tourists to Zambia.
He said, now that the Zambian kwacha is gaining marginal values, "some hotels have been reducing the kwacha prices, which is an advantage for local tourists.
As part of its Local Currency Initiative, the AfDB has issued, since 2005, a series of bonds denominated in or linked to the Botswana Pula, Ghana Cedi, Kenya Shilling, Tanzania Shilling, Uganda Shilling, Zambian Kwacha and the Nigerian Naira.
But now, hardly a year since, President Chiluba seems far from pleased about what has been happening in the wake of the sale, especially with the fall of the Zambian kwacha against the US dollar.
He claimed the new mine owners, and other foreign investors, are siphoning foreign exchange out of the country causing the Zambian kwacha value to fall sharply, and that it was disheartening that, since the sale of the mines, the amount of foreign exchange entering the Zambian economy had declined.
Since the imposition of the measures, the Zambian kwacha has gained some value against the US dollar and other major convertible currencies.
A recent issue of the Citibank (Zambia) treasury letter said the value of the Zambian kwacha fell by 63% last year.
This program offers Zambian investors the opportunity to buy FQM DRs and to receive dividend payments in Zambian Kwacha.
The main risk for foreign investors is the possibility of a steep devaluation, as with Zimbabwean dollar or Zambian kwacha in 1998.
The Zambian kwacha, which had strengthened from ZK 549.
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.
IN THE WORLD OF FINANCE, THERE ARE dollars, francs, pounds, rubles, guilders, pesetas, liras, drachmas, schillings, European Euros, Vietnamese dongs, Yemeni riasl and even Zambian kwachas.
Financial browser ?
- Yugoslav New Dinar
- Yway Gyi
- Yway Lay
- Z bond
- Z score
- Zacks Estimate System
- Zacks Investment Research
- Zagreb Stock Exchange
- Zairean First Zaire
- Zambian Kwacha
- Zambian Pound
- Zero Balance
- Zero Balance Account
- Zero Based Budgeting
- Zero Basis Risk Swap
- zero bracket amount
- Zero Cost Collar
- zero cost loan
- zero defects
- Zero Dividend Preference Share
- Zero Growth
- Zero Inventory
- zero lot line
- Zero Minus Tick
- Zero Plus Tick
- Zero Population Growth
- Zero prepayment assumption
- Zero Risk
- Zero sum
Full browser ?
- Zambia Privatisation Agency
- Zambia Privatisation Trust Fund
- Zambia Railways Ltd.
- Zambia Red Cross Society
- Zambia Revenue Authority
- Zambia Rugby Football Union
- Zambia Security Intelligence Service
- Zambia Seed Producers Association
- Zambia Sexual Behavior Survey
- Zambia State Insurance Corporation
- Zambia Student Christian Movement
- Zambia Survey Department
- Zambia Table Tennis Association
- Zambia Trade Network
- Zambia Union of Financial Institutions and Allied Workers
- Zambia Union of Journalists
- Zambia United Local Authority Workers Union
- Zambia Unity Day
- Zambia Venture Capital Fund
- Zambia-China Mulungushi Textiles
- Zambia-Emory HIV Research Project
- Zambia-Malawi-Mozambique Growth Triangle
- Zambia-UAB HIV Research Project
- Zambia-Zimbabwe SADC
- Zambian Association for Distance Education
- Zambian Defense Force
- Zambian International Biomass Burning Emissions Experiment
- Zambian Kwacha
- Zambian monetary unit
- Zambian National Defense Force
- Zambian Ornithological Society
- Zambian pound
- Zambian Republican Party
- Zambian Sable Antelope
- Zambian Sable Antelope
- Zambian Vocal Collection
- Zambian Vocal Group
- Zamboanga Arturo Eustaquio Colleges
- Zamboanga Chong Hua High School
- Zamboanga City Medical Center
- Zamboanga City National High School
- Zamboanga City Police Office
- Zamboanga City Special Economic Zone Authority
- Zamboanga City State Polytechnic College
- Zamboanga City Water District
- Zamboanga del Norte
- Zamboanga del Norte Agricultural College
- Zamboanga del Norte Gamefowl Breeders Association
- Zamboanga Del Sur Medical Center
- Zamboanga Gamefowl Breeders Association
- Zamboanga General Hospital School of Nursing