mulwanaka
JF-Expert Member
- Feb 19, 2017
- 5,262
- 12,838
Kama unafikiri na rahisi kuondowa zero tu arafu uchumi ukaendelea vizuri jaribu ufanye kwenye Tz shilling yetu, uone muziki wake, acha siasa katika uchumi currency ya kwacha ya Zambia inapambana vizuri dhidhi ya $ kuliko shilling yetu.....Kwa taari yako sasa hivi Uchumi wa Zambia unazidi kuporomoka maradufu kwacha inazidi kushuka siku hadi siku.
USA amepunguza sana kununua copper, amebaki Mchina janja janja ndio Kwanza amewanyang'anya uwanja wa ndege next itafuatia ZESCO shirika lao la umeme baada kushindwa kulipa madeni yake.
Wakati wanapunguza hiso sifuri 1$ ilikuwa sawa 5k sasa hivi 1$ sawa na 14k...
Raisi anatangaza kabisa kuwa wananchi waiombee nchi yao uchumi usiporomeke zaidi wewe unasema wanauchumi mzuri.
Soma taarifa ya serikali ya Zambia sababu ya kutoa hizo sufuri
Zambia Redenominates the Kwacha: Zambia Has Finally Agreed to Redenominate Its Currency, Which, Following Periods of Inflation, Has Become Unwieldy. Nawa Mutumwena Reports
Mutumwena, Nawa, African Business
The Zambian Cabinet has approved the redenomination of the country's currency, the kwacha, by removing three zeros from the current denominations of the 1,000 kwacha and above notes.
Minister of Finance and National Planning Alexander Chikwanda, explained what this will mean. "For example," he said, "K1,000 will be K1, K5,000 will become K5, K10,000 will become K10, K20,000 will become K20, and K50,000 will become K50. In addition, the Bank of Zambia will also reintroduce coins for lower denominations."
The much-anticipated redenomination is expected to address the accumulated loss in the value of the currency experienced during episodes of high inflation that undermined the kwacha's basic function as a store of value, medium of exchange and standard of value.
"The loss of value is typically as a result of high inflation rates over a prolonged period of time and the high denominations that characterise the existing currency are a consequence of high inflation rates that Zambia experienced over a long period of time," observed Kanguya Mayondi, Bank of Zambia's (BoZ) head of public relations.
"During the recent years, inflation has declined to single-digit levels such that in December 2011, it stood at 7.2%. This low level of inflation coupled with favourable macroeconomic conditions provides for an opportune time to rebase the Zambian currency," he added.
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Pointing out the benefits or a rebased currency, Minister Alexander Chikwanda said, "In the accounting sphere, redenomination of the kwacha will reduce time taken to input financial data and time spent by management to review it. It will also reduce the cost often incurred in customising standard accounting packages that are purchased by businesses."
Most of the current international accounting packages are developed in jurisdictions where values, at maximum, tend to be in millions. The present situation in Zambia is that some organisations, especially banks, record values of trillions of kwacha and hence require further customisation of such packages to widen data fields. Therefore, redenominating the kwacha will be of great value to businesses and will reduce inputting errors. …
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