My OperaSunday, January 15, 2012 9:19:10 AM
ECONOMIST Predicts Stability Of The
KWACHA A Lusaka based economist Trevor
Simumba has expressed confidence
that the current volatility that the
Kwacha has faced against major
currencies will soon normalize.
In an exclusive interview with Qfm, Mr. Simumba says the instability is
temporal and that there is no need for
Punic.
Mr. Simumba explains that as soon as
the Patriotic Front government begins
to implement various projects, the Kwacha will appreciate.
He has also called on the Bank of
Zambia to intervene using its market
instruments to ensure that the local
currency stabilizes.
On the future of Zamtel, Mr. Simumba has backed Justice Minister Sebastian
Zulu’s statement that government is
ready for negotiations with Lap Green
on shareholding and the way forward.
He says nationalizing the parastatal
will not work in the best interest of the firm as Lap Green has invested
huge sums of money in Zamtel. Qfm
KWACHA A Lusaka based economist Trevor
Simumba has expressed confidence
that the current volatility that the
Kwacha has faced against major
currencies will soon normalize.
In an exclusive interview with Qfm, Mr. Simumba says the instability is
temporal and that there is no need for
Punic.
Mr. Simumba explains that as soon as
the Patriotic Front government begins
to implement various projects, the Kwacha will appreciate.
He has also called on the Bank of
Zambia to intervene using its market
instruments to ensure that the local
currency stabilizes.
On the future of Zamtel, Mr. Simumba has backed Justice Minister Sebastian
Zulu’s statement that government is
ready for negotiations with Lap Green
on shareholding and the way forward.
He says nationalizing the parastatal
will not work in the best interest of the firm as Lap Green has invested
huge sums of money in Zamtel. Qfm
kyzwit musandakyzwitmusanda # Sunday, January 15, 2012 9:19:42 AM