kwacha kwacha

Definition(s):

  1. (n) the basic unit of money in Zambia
  2. (n) the basic unit of money in Malawi

Synonym(s)

Usage(s):

  • Four years and two months from the day it finally won kwacha freedom Zambia last week held its first parliamentary election as a sovereign state.

News

  • Zambia inflation rises to 7.3 pct y/y in June

    LUSAKA (Reuters) - Zambia's inflation quickened to 7.3 percent year-on-year in June from 7 percent in May as both food and non-food items prices rose, official data showed on Thursday. Zambia also recorded a trade surplus valued at 267.8 million kwacha in May 2013 from 329.5 million kwacha in April 2013, the statistics agency said.
    on June 27, 2013     Source: Reuters via Yahoo! News

Quotes

  1. "If the government paid all the Zamtel bills, Zamtel would be very viable. The government owes Zamtel trillions of kwacha and that is what has created problems," Sata said.
    on Dec 24, 2009 By: Michael Sata Source: Reuters South Africa

  2. "I have resisted a lot of pressures to devalue the kwacha and I will continue to do so. I want to give the business community a stable forex regime so that they are able to plan properly for their production and investments," said Mutharika.
    on Jun 11, 2009 By: Bingu wa Mutharika Source: Malawi's Daily Times

  3. "It is not sufficient to be given 20 kwacha (0.4 US cents) and say you go and demonstrate. That 20 kwacha will not create wealth or employment to you," Mwanawasa said.
    on Mar 5, 2007 By: Levy Mwanawasa Source: People's Daily Online

Word of the Day
fathom fathom
/ˈfæ ðəm /