Friday, March 29, 2024

Alex Muliokela explains the weak Zambian Kwacha

Share

21 COMMENTS

  1. ….imagine we had to cut Africa into two segments from the line of equator…to form Two countries….united states of Northern and Southern Africa….assuming no wars within….with little traces of gullible and selfish people…whatever is referred to as heaven could definitely been next to these two countries…..talk of minerals…game…weather etc….
    …tho it is something historical…can someone explain why we still trade from LME..??

  2. That’s an economist analysis… no finger pointing, just articulating how we need and must get hold of natural resource and use it to benefit us and not Anglo-American and their rich peoples in Zambia.

    Bo Muliokela, you have my vote in 2016!!!!

  3. Lesson Learnt from the learned politician.
    Determine the price of copper or your product by using your currency. Why do we have to use dollar or pound?

  4. At least he sad something. Bashi Tasila is still mute, observing and getting updates on the sliding kwacha. No analysis from him what so ever.

  5. At least he said something. Bashi Tasila is still mute, observing and getting updates on the sliding kwacha. No analysis from him what so ever.

  6. THIS IS COMEDY WE NEED TO LAUGH. HOWEVER WHEN WE COME TO REALITY THINGS ARE TOUGH IN ZAMBIA. FOR YOU TO ENJOY YOU NEED TO WEAR A GREEN CHITENGE WITH A PORTRAIT OF SOME ONE LAUGHING AS THOUGH THINGS IS FINTU

  7. What happens elsewhere does not stay there in world markets Bo MULYIOKELA with currencies held and traded as “RESERVES” You will need to make your KWACHA or AFRICAN REGIONAL currency compete to be widely acceptable as a reserve currency in the world of Global Investments supported by the markets in demand and supply for those assets in commodities

    You can see these effects in the characteristics seen in the recent devaluation of the YAUN and the Chinese as a result diving in their reserves to try and arrest the fall by pumping in USD 93 Billion in reserves to support the currency
    It’s important also to see through that though China has a heft reserves now to the tune of USD 3…

  8. It’s important also to see through that though China has a heft reserves now to the tune of USD 3.56 Trillion it’s not bottomless pit to deep in , it’s therefore not sustainable to through good money against the Bad by further Deeping in the reserves to support the currency hoping that it reverses the CAPITAL outflow as a result which is in some way the case scenario trying to happen in Zambia spurring from Chinas led commodity slump in Demands its futile as not fundamentally supported only opening up the capital markets to induce more players to move in cash flows could help address that as they move another step towards fixing the YAUN to have it acceptable by the IMF as one…

  9. which is in some way the case scenario trying to happen in Zambia spurring from Chinas led commodity slump in Demands its futile as not fundamentally supported only opening up the capital markets to induce more players to move in cash flows could help address that as they move another step towards fixing the YAUN to have it acceptable by the IMF as one of its reserve currencies, along with the U.S. dollar, the Japanese yen, the British pound, and the euro , fixing of the Chinese currency with its market rate is an essential step before the International Monetary Fund will consider making the yuan a reserve currency the same is for the Kwacha positioning it appropropriately in currency characteristics
    That is the…

  10. That is the process should also be for the Kwacha long-term currency planning as I agree with Litumezi Kwaulo
    If you also look at the cooling effect in Chinese economy and bigger 5 emerging markets like brazil and Russia (commodity driven) with the growth prospects being stable to average in US –USD and UK Look at also the effects of the rate Hikes by FED on Our China exposed economy Then you need to see the Direction of the Kwacha ,also with growth momentum in the USD and Pound Countries expected to be well above average
    Therefore the slowdown in our china with china and related parties slowing down to emerge from slump seen recently will have some knock off effect…

  11. Therefore the slowdown in our china with china and related parties slowing down to emerge from slump seen recently will have some knock off effect on the kwacha it’s a circle Regardless, the consequences for China’s slowdown has already had global consequences. Chinas voracious appetite for raw materials from copper to ,wheat and other minerals we have has fuelled the commodities bubble that has now burst. Remember prices for commodities were it pick and since then have now fallen sharply it’s not then strange that as a consequence there are surplus mining capacity in many commodity driven countries in metals and oil like Australia and brazil including Saudi Arabia have seen the adverse effects now being…

  12. were it pick and since then have now fallen sharply it’s not then strange that as a consequence there are surplus mining capacity in many commodity driven countries in metals and oil like Australia and brazil including Saudi Arabia have seen the adverse effects now being seen in Zambia
    Now rather than looking more on the parity between the US and Pound including the Euro You need to expand your tracking and exposure to the BRICS CURRENCIES and see the performance scenario to Kwacha Dollar Euro Pound

  13. Thinking and Planning the CURRENCY kwacha and our ASSETS in commodities should be a composite not in isolations bo Mulyokela

  14. Trade with more than one major Nation, it is a simple as that. Our Minister of foreign affairs, commerce minister need to brain storm; but alas our wise words fall on deaf ears.

  15. Is Muliokela the new Kadansa? For those of you who are young, Kadansa was a social commentator when Zambia was a one party state. He was obsessed with Kaunda and talked about better times coming if he was leader. He was a scatter brain who made Chainama mental hospital his home. He was in and out of Chainama so many times. Sorry to say most politicians of these days like Mpombo, this guy Muliokela and sometimes the late Sata remind me so much of Kadansa. Kadansa is now late. He used to entertain people during lunch time as people eat groundnuts, roasted maize etc. Mostly people laughed at his utterances because they were so grandiose. Muliokela and Kadansa could have made good bedfellows.

Comments are closed.

Read more

Local News

Discover more from Lusaka Times-Zambia's Leading Online News Site - LusakaTimes.com

Subscribe now to keep reading and get access to the full archive.

Continue reading