Economist expects BoZ to maintain Monetary Policy Rate
• Bank of Zambia is going to keep the Monetary Policy Rate at 9 percent.• Inflation forecasts are indicating that inflation is slowing down to
Tag : kwacha
Kwacha appreciation will not immediately reflect in commodity prices – Economist
• This appreciation does not reflect in the price of goods.• This has been the trend in the last three months.• Even when the Kwacha
Economist expects Annual Inflation down to 12.8%
• The key drivers again is the base effect.• We are expecting inflation to continue coming down in the coming month.• Month on Month Inflation
Kwacha maintains stability against US dollar
• Last week, the Kwacha appreciated by an average of 1.1 percent, the highest recorded in a period of eight weeks.• This could be attributed
Manufacturing, Agriculture industries called to increase exports
• More exports encourages foreign currency to come• Need to have the country’s reserve cover improved to about 6 months.• We need to export more
Money Watch @ Money – 18th April, 2022
In this episode, the host of the show, Moses Mpundu is in conversation with Engineer Patrick Mutimushi, ChairpersonAvocado Cooperative Union of Zambia. Money Watch @
Kwacha’s instability continues
• The Kwacha has depreciated due to the effects of the war in Ukraine.• Zambia has been demanding more of US dollars in order to
Kwacha expected to fall by 1%
• This week the Kwacha is expected to return to its weakening path due to lack of supply on the market.• Demand for dollars is
Govt urged to employ strategies to stabilize kwacha
• Unstable Exchange rate is negatively impacting businesses across all sectors of the Economy.• It is affecting business environment at both macro and micro levels.•
Kwacha appreciates after BoZ intervention
• The Central Bank pumped in about US$40 million.• Offshore players are also coming to the market to buy bonds.• There is expectation of improved