Comments on: Kwacha Hits Record Low Against US Dollar Amid Economic Challenges

By: Shimaini

Shimaini — Thu, 09 May 2024 23:54:23 +0000

Yesterday I asked why was our Kwacha going South when our number one export, Copper was going North? LT have removed my post Iam therefore reposting it Can anyone tell me why the Kwacha has plunged while the Copper price is skyrocketing.

By: From Lazy Lungu to Half-Baked Hichilema

From Lazy Lungu to Half-Baked Hichilema — Thu, 09 May 2024 22:44:46 +0000

In reply to American in zambia.

True but America has the liberty of being able to print more money to quickly send to a problem area. Their money is what we are hungering for. If Zambia prints more money it will just weaken its currency because as an import economy we rely on foreign currency. It is foreign currency that will build the Lusaka-Ndola dual carriageway, the schools we need since we have declared free education, the hospitals etcetera

By: redo

redo — Thu, 09 May 2024 20:20:54 +0000

we shouldnt have voted out RBs MMD. They had good hold of the economy.

By: Razor

Razor — Thu, 09 May 2024 17:01:08 +0000

Farmers day it will be K30 to 1USD. Situmbeko has no idea what to do. HH just relying on him making matters worse. Never in the history of this country had kwacha gone to 27. Sometimes you should just put your hands up and say guys I need help.

By: COLLINS CHILUFYA

COLLINS CHILUFYA — Thu, 09 May 2024 15:09:31 +0000

WHATEVER IS HAPPENNG LETS PRAY THAT GOD GIVES US THE COURAGE TO PERSONALLY HELP OUR COMING GENERATION TO COPY IN A SOLO WAY BY EMPOWERING THEM WITH LIFE SKILLS…..FOR WE DONT KNOW WHAT THE FUTURE HOLDS FOR MOTHER ZAMBIA,NO MAN CAN CHANGE THIS PRIDICAMENT

By: Anonymous

Anonymous — Thu, 09 May 2024 13:54:23 +0000

If we put all our resources together as a continent…Africa can be the richest and strongest continent in the world…we have Physical strength…abundant natural resources…very intelligent and yet we cant find a solution to address Electricity and it’s because of our greedy Politicians….they make deals to only to fill up their pockets and benefit the West….From Cape to Cairo same nonsense…Namibia is following into zambia’s footsteps…they’ve been given 180 million dollars and they’re jumping up and down like Spaka did

By: Anonymous

Anonymous — Thu, 09 May 2024 13:47:55 +0000

My construction projects has now stalled because of loadsheding…. i need power for most of the works remaining…..the Carpenter has electric powered equipment….its now survival of the “corrupt” Ministers in Zambia…

By: American in zambia

American in zambia — Thu, 09 May 2024 13:29:53 +0000

From America and have been here 4 years..never had to deal with 12 hour load shedding.if this was America the president and government would just sign off on what loan needed to fix problem like power..people can’t survive with business with no power.cant keep food cold or go to a salon..get windmills,solar,whatever it takes or cost..get it done

By: Anonymous

Anonymous — Thu, 09 May 2024 12:26:07 +0000

Its not only the Kwacha….all African currencies ….imagine Nigeria with all the oil they have they cant afford to provide electricity….Electricity in Nigeria is now only for the corrupt Politicians and the rich…thats what corruption does….95% of Nigerians can only access Electricity for only 15 hours in 31 days…..

By: Kalok

Kalok — Thu, 09 May 2024 10:09:28 +0000

Bally is fixing … we misunderstood the fundamental meaning of the word pela. Now let’s go back to those threats we used against each other in primary school (some generations may not know). This is what is happening! “I will fix you!” is evident in this administration’s actions.