How To Use Kwacha In A Sentence
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Zambian President Levy Mwanawasa has ordered a probe into reports that State House, his office and residence, spent two billion kwacha on beverages in a year, state television reported on Friday.
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Probably some adjustment to the kwacha will be good," the governor of Malawi's reserve bank, Perks Ligoya, said recently in a local radio interview.
Spat With Donor Nations Leaves Malawi in a Pinch
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In the last decade, the economy has gone downhill, the value of the kwacha has declined, and the rate of inflation is high.
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As with the 1 tambala, the 1 Kwacha had the rooster design removed, this design was replaced by that of an eagle.
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If the workers can't get 6.5 million kwacha what possibility is there that they will ever get their money?
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A 50 kg bag of maize costs 1 000 Malawian kwacha compared to 100 kwacha ten years ago.
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The company agreed in November to offer a total of at least 375 million Zambian kwacha $79,787 as compensation to the shooting victims, in a deal that included the managers be exempted from trial, according to union officials.
Zambia May Drop Shooting Case Against Chinese
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The anti-retroviral drugs cost around 90 000 kwacha and the government has been criticised for charging a levy.
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Banda failed to stand, however, but while seated managed to say his traditional greeting - "kwacha" (dawn) and "mtendere
ANC Daily News Briefing
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Katyoka, had misconducted themselves early this year over the attempted cashing of a 210 million kwacha (approximately 200,000 dollar) cheque at the Bank of Zambia (BOZ central bank).
ANC Daily News Briefing
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Economics Association of Zambia vice-president Ernest Mwape has called for an accelerated economic diversification process as a means to strengthen the kwacha and maintain low inflation levels.
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Mr. Sata hasn't just managed to scare Chinese investors. He has also threatened to impose controls on foreign capital to prevent an outflow that may sharply weaken Zambia's currency, the kwacha.
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I had handed the girl four hundred dollars and she gave me thirty eight thousand kwachas.
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The basic monthly take-home salary of Zambia's teachers and nurses is 300,000 kwacha.
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Materials are sold off to earn a quick Kwacha and the result is people continue wallow in poverty.
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The strikers are demanding a salary increase, better working conditions and back pay totalling 16 billion kwacha.
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A spokesman for the strikers pointed to the millions of kwacha spent by government ministers in addressing political meetings and the increase in expenses that MPs have just voted themselves.
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A taxpayer could, for instance, say he wants Kwacha10. 00 of his tax to be spent on new hospitals, K5. 00 on salaries for parliamentarians, K30. 00 on subsidising a local mini-skirt factory, K1. 00 on a school near his house, 2 ngwee on agriculture and 1 / 2 ngwee on foreign aid.
Undefined
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Chiluba is currently facing trial for 65 counts of theft including that of 15 billion kwacha in cash from the Zambia National Commercial Bank in Lusaka.
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He has also threatened to impose controls on foreign capital to prevent an outflow that may sharply weaken Zambia's currency, the kwacha.
In Zambia Election, the Big Issue Is China
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In Malawi our currency is called kwacha, which means dawn.
Luso Mnthali: Proud to be Malawian, But Not Proud of Gay Verdict
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Aug. 8: Central bank devalues kwacha 10%, causing food and fuel prices to rise.
Spat With Donor Nations Leaves Malawi in a Pinch
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You should have seen the look on my wife's face when I slapped my Zambian kwachas on the table.
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The IMF says the currency, the kwacha, is overvalued and that the government is wasting thin currency reserves to defend it.
Spat With Donor Nations Leaves Malawi in a Pinch
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Court documents show the main charge against him is the theft of 15 billion kwacha in cash from the Zambia National Commercial Bank in Lusaka.
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Management later announced that it had more than doubled the pay of the lowest-paid miner to 450,000 kwacha $96 a month.
Zambia May Drop Shooting Case Against Chinese
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Several members of Parliament owe the FRA millions of kwacha in unpaid fertiliser and seed loans.
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The court heard that Mr Musonda used to park the motor vehicle at Changa Namai Trading area in Kwacha township for advertising.
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And, talking about the Victoria Falls, millions of Kwacha would have to be poured into a programme to enlighten the world that the larger part of the water cataract is, in fact, on the Zambian side.
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The Zambian government and the Chinese embassy in Zambia later ordered Collum to improve conditions for workers, and in November management announced a higher bottom wage rate plus a housing and transport allowance, and also offered to compensate the miners who were shot with a total of at least 375 million Zambian kwacha $79,787.
Zambia Drops Charges in Chinese Shooting Case
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This has seen such positive indicators as a narrowing trade deficit, gains in export earnings for some sectors and a firming of the kwacha.
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He said his company would continue quoting in Kwacha and the prices would remain stable even when the rate of the kwacha fluctuated against other currencies.
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The price of cotton for the current season's crop has been cut by almost 50 per cent following a decision by ginners to adjust the producer price due to the appreciation of the Kwacha against other convertible currencies.
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The drastic gain of the kwacha which is not supported by meaningful production is very suspicious and artificial," said
ANC Daily News Briefing
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The local elections were expected to cost 300 billion kwacha, which could be used to fund hospitals and maintain roads, he added.
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Government and other institutions that owe billions of Kwacha in unpaid rate charges should work out programmes to remit the outstanding monies.
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Suppliers rushed in to convert the hard currency into kwacha, causing the local currency to hold firmness.
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Zambian gemstones be they emeralds, amethyst, aquamarine and other types of precious and semi-precious stones are of very high quality and can, if properly managed, earn the country billions of Kwacha.
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This week, the market is expected to look for cues from the dollar supply and demand levels to determine the kwacha's direction, which could go either way.
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This is already evident with reference to what has happened in the kwacha's relationship with the major convertible currencies.
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The business association jointly held a meeting with residents where they unanimously rejected the proposed three ngwee and two ngwee rate levy in a Kwacha for both commercial and residential land property respectively.
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He said, however, that some entrepreneurs had not realised the real meaning of the appreciation of the kwacha and, as such, had not taken advantage of the development to import equipment for their operations.