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Tuesday, August 3, 2021

Gilbert Nkamba: Covid-19 contributing to depreciation of the Zambian Kwacha

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Trade Expert Gilbert Nkamba says the adverse effects of Coronavirus-Covid-19 has contributed to the depreciation of the Kwacha.

Mr.Nkamba says the pandemic has not only posed health risks but also economic shocks world wide.

He was speaking in an interview in Lusaka today.

Mr.Nkamba has called on government to heighten production especially in the mining sector for the country to reverse the depreciation of the kwacha .

He says heightened production is key to earn the country earn foreign exchange, there by stabilising the local currency.

In Other News: 29-year-old Nakonde woman arrested for raping and intoxicating 15-year-old boy

Police in Nakonde have arrested a 29-year-old woman for allegedly defiling and intoxicating a 15-year-old boy.

Muchinga Province Police Commissioner Lizzy Machina confirmed the development to Chete FM and named thelearn more

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