Business

Critical investments vital for Kwacha

ELLY NJOMBO and ESTHER MSETEKA, Siavonga
THE Common Market for Eastern and Southern Africa (COMESA) has urged Government to concentrate on critical investments that will sustain Zambia’s currency as it is key in attracting investors and foreign direct investment (FDI).

In the recent weeks, the Kwacha has been under pressure against the United States dollar and is trading in the range of K9.50 and K9.60 levels, with calls from some stakeholders that the central bank should intervene to stabilise the local bourse.

COMESA director for investment promotion and private sector development Thierry Kalonji said most investors are READ MORE

 

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