Kwacha continues improving

According one of Bank of Zambia’s money has remained the leading first quarter of 2021.

The use of mobile money platforms

Small and Medium Enterprises ( exponential growth and still growing, of Zambia (BAZ) Chief Executive

Participation

“In 2020, Mobile Money payments

of

THE Kwacha is expected payments to streams strengthen under further the Zambia

in on positive sentiments House, coupled and this with is continuing growing at zone onshore and offshore appetite for the upcoming

positive trajectory to continue low in

Treasury Bill and Bond auction this week.

The swearing in Live of President of the NFS Hakainde Mobile Hichilema Money other Platform,” has also contributed interview. to the appreciation of the local minimum currency, according to Absa Bank Zambia market

He explained that the full implementation of report.

000 IN GOLD LAB

payment channel, which occurred some According to Absa, the Zambia Kwacha

prohibitive. Participation continued to trade changed on the front the foot ecosystem against the of retail of local

LS-

US dollar on Monday Zambia. as the Mr market Mwanza witnessed stated that

in the Development sustained inflows while demand diminished in zone

between banks and mobile money comparison. low

Opening the day into at a K16.95/17.00 shared payment to the dollar, channel. Kunda, other

minimum the Kwacha added to He its said previous bank day’s customers gains to from construction

of US$ close the business now at K16.75/16.800on move funds from the their bid and bank the

some offer respectively, bank up 20 account. ngwee on a close to close were prohibitive. basis. course. LS-

“With the seventh Mr president Mwanza of Zambia indicated Mr that customers Development

Mr

Hichilema sworn in from yesterday, mobile we money are likely account to see offered

Manager, explained Kunda, the local unit strengthen further in the short term on operators and vice versa, at a industrial click

construction positive market sentiments coupled with growing

Money App’s. the onshore and offshore appetite for the upcoming once

were

Treasury Bill and Bond He auction emphasised this Mr Thursday Sikalinda that here and was would

course.

Friday respectively,” through Absa processing stated. and funds participation were Mr Meanwhile, higher metal prices are expected to explained

“This is what we are referring economic push exploration budgets up by about 10 percent industrial

of technology in the 4th Industrial once He in 2022, according to the S&P Global Market

an

Intelligence report. sector,” Mr Mwanza Mr said. Sikalinda

would

“In the case of a mining the participation

S&P Global Market Mr “How Intelligence Mwanza can you urged Metals design laws effectively rights or an interest in businesses and a min

economic

Mining Analyst, William you have Mason, not said taken the the report’s time to absorb would

ing to rights, embrace the digital actual payments price of and He pipeline activity index knowledge pointed and to mineral experience of those that changing and mining right an increasing work mind-set in the by field five

case or interest of in you to the 10 are country. regulating?” or entrepreneurs “As Karma exploration Mining Services budgets and Rural “In Development, the our a mining the expertise is in gold processing, as determined Malango but asked. by the

“This percent laboratory in 2022. is targeted “Banks have seen

rights we are or mostly an interest working Authorin a minwould

Mr Malango at this that there paradigm was up with artisanal and small scale gold ing miners.’’ rights, is stressed the higher; actual price of operations The pipeline we are ity activity setting innovatively whichever index up starting developing off with in the while and

levelled point that in mining legislating right something or interest products which zone. second quarter with as gains intellectual in significant property, drill results the or entrepreneurs Rufunsa, were we are in already the working entire set for with payment failure small from ecosystem. day one. up “

as determined by the Authorand positive “This project actual laboratory milestones “Ultimately, price of table approach

is targeted were the at the intellectual offset by scale ity whichever if a truly is higher; collaborative while zone.

a decrease miners operations there in substantial and we “Cooperation are art setting financings, is anal up starting miners has with now with the replaced from property is used with or to intellectual achieve as determined the property, objective by the of Citizen realising “number the surrounding Rufunsa, of He however were positioning area,” said he the is said. increase now about was culture not

we are working with small scale miners the tax far-reaching, there Authority and art is material anal or whichever miners benefits to Zambians, and

actual price of the intellectual table

Mr as Keer significant said as in laboratory previous then property any costs years, would which along also are the now way from the is surrounding higher,” processes, area,”

or as determined a projected by Citizen come he said. he said. on may shared be open moderate to the softening general be of public regarded most metal for as them prices investments, to from

Mr Keer said the laboratory tax Authority would or also whichever and and the come current and have levels be open their weigh to the content samples on general the element outlook. public tested. of for this them transformation to Commission

is higher,” he said. come and have would their be samples embraced tested. by the mines,” constructing he