Comments on: Kwacha To Have New Features

By: ichikulya echikupempula

ichikulya echikupempula — Wed, 08 Jul 2015 12:27:15 +0000

foreign currency found in zed banks n bureaus sh’d oso hv th features if this move is realy 4 gud.

By: Blackout Phiri

Blackout Phiri — Tue, 07 Jul 2015 20:47:55 +0000

Let’s rebase it again

By: Zambian for Zambians

Zambian for Zambians — Tue, 07 Jul 2015 20:00:44 +0000

By: SHi Ali

SHi Ali — Tue, 07 Jul 2015 18:53:40 +0000

Was iin de budget,o its jst dat each presido dat cums in,he/she wil hav hs own currency,,,ba pf tym 4 playn arund z long gone,,,n’way ur leader told de entire nation dat he hs no vision nd wat do u xpct?????

By: MD

MD — Tue, 07 Jul 2015 16:38:05 +0000

Zambia zambia Where are will going

By: IBAZ-IAZ

IBAZ-IAZ — Tue, 07 Jul 2015 16:04:23 +0000

PF ministers and President know that foreign insurance companies in league with foreign insurance brokers are depriving Zambian insurance brokers and Zambian owned insurance companies of any business from foreign contractors, mining houses and financial institutions. Why are they not bringing in 70% shareholding for Zambians in every insurance and brokering company to stop this rot? Why are they issuing and renewing permits of Vince Witt of Aon, Anand Sharma of Marsh and so many Zimbabweans, Indians, South Africans and Kenyans working for brokering and insurance companies when so many Zambians with better qualifications and experience are without jobs? These foreigners are conduit for externalising millions of dollars every year overseas. Why the Pensions and Insurance Authority not enforcing compulsory reinsurance with three local reinsurance companies? Why Hollard, Nico and Professional Insurance (90%, 90% and 75% respectively owned by foreigners) are allowed to externalise more than 80% of their fire and engineering business? Why Zambia allows these companies and brokers to provide forex to overseas infestors operating in the guise of insurance companies? Professional Insurance (75% foreign owned), Nico (90% foreign owned) and Hollard (90% foreign owned) are conduits to externalise premiums in millions of dollars (over 30 million dollars was externalised by them in 2014) which rightfully belongs to three reinsurance companies operating in Zambia? Africa Life is another company that is busy externalising millions to South Africa, its holding company without paying any taxes? They have easy and legalised way of using so-called reinsurance mechanism. If they need reinsurance why not reinsure with Zep re, Zam Re and Prima Re? What is Pensions and Insurance Authority doing about it? What is BOZ doing about such huge payments going under their nose?

By: Kwati like so

Kwati like so — Tue, 07 Jul 2015 15:09:52 +0000

Sad news ! These pf chaps r very lazy. Mwebakweteko amano sambilisheni abanenu! Nez,famous idiot,jjb,hello haters ichito iyo bane! Have seen crooks law being at center stage . Bakabolala,baletusecha ne chalo chonse n we r watching,others cheering! Wat a pipo !

By: twetwe

twetwe — Tue, 07 Jul 2015 11:58:52 +0000

All those with the idea we are being robbed hands up.. Yes there is something fishy. There is no value addition encripted in this and it costs foreign exchange we are grappling with. I am not insensitive to our visually challenged bros and sis but begs this question..How long has our currency gone (42 odd years) without these features and today some lumberjack with a chain saw wants to rip our already tattered economy to shreds? I see, every job has akalilo. Watch out here comes your value for money!!!!

By: bd

bd — Tue, 07 Jul 2015 11:50:48 +0000

Iwee danderhead who told you cadres are responsible for making such decisions? do you even know what a cadre is?

By: kck

kck — Tue, 07 Jul 2015 11:44:35 +0000

I smell a rat here! Somebody wants to loot big time from this scheme! Watch the space! We are in trouble from these illiterate cadres!