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Kwacha likely to remain resilient, says President Lungu

President Edgar Lungu says the Kwacha is likely to remain resilient against the United States dollar as government continues to implement measures in the Economic Recovery Programme-ERP. After some months of trading above K22 against the United States dollar, the Kwacha has seen huge gains, trading around k20 in some bureau today. President Lungu has […]

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Government urged to come out clean on debt swap

Financial analyst Blessings Kafwanka has urged government to handle the miss-communication around the debt swap better following the uncertainty that has surround the initiative. Uncertainty has characterized the civil servants debt swap initiative following the bankers association of Zambia advice to the public service workers with existing loans obtained from commercial banks and other financial […]

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Debt swap in Limbo

Uncertainty has characterized the civil servants debt swap initiative following the bankers association of Zambia advice to the public service workers with existing loans obtained from commercial banks and other financial institutions that existing terms and conditions under which the loans were contracted are still in force. Yesterday, after a meeting with financial institutions, Government […]



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