PF blames central bank for rotten Kwacha

PF blames central bank for rotten Kwacha

The Patriotic Front says the Bank of Zambia is deliberately sabotaging the Kwacha. Speaking on behalf of the ruling party, PF member of the Central committee Kennedy Kamba said junior workers at BoZ are not given permanent jobs hence the Kwacha is losing value. He has told BoZ directors to resign.

Just last week, the PF were blaming Covid 19 for the worthless local currency.

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COMMENTS

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    That’s dumb!! Things went wrong from the fiscal policy side!! There was and still is fiscal indiscipline!!

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    dodalawaka 2 weeks ago

    Please my fellow Literates. kindly do not lose your energy talking about these idiots who do not a clue on what is happening to our economy
    Kick them out in 2021 and usher in people with integrity, apssion and empathy to our suffering masses
    Do not stress too much. Lets work smart to remove these minions

    Doda

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    Nyambe the Hero 2 weeks ago

    Jokers.

    Cadres are experts in hacking people not economic policy.

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    cecil 2 weeks ago

    just passing

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    What has junior employees contracts got to do with depreciation of the kwacha?

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    CryMyBelovedCountry 2 weeks ago

    Imwe Bantu sure who is Kennedy Kamba to be talking about BoZ?  What does he take us Zambians for? Why does the President allow such illiterates to talk about things they hv no knowledge about?  Your interest is to push in your cadres into BoZ like u did with Zesco and make it a trading place like Katondo.  It Shall not happen, we won’t let you.  Stick to your lane please.  Put yr Focus on Bus Stations and Buses…  May God Arise in his Fury and Burn you to chaf 

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    What a retard, to make matters worse he is a senior government official. He claims that junior BOZ officers have lost morale because they have not been given permant bank positions and this has caused the kwacha to lose value. OMG, what kind of BS is that

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    ‘The Kwacha is the most useless currency in the SADC.’ Michael Chilufya Sata (on campaign trail in 2011. When it was K8 rebased to a $1). He must be turning in Embassy park.

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    These are the real advisers to Lungu. What ever they say to him he follows without question. Ever heard of Necklacing? We need to start Necklacing these people. Remember they were gassing people, now is ouoowr turn to turn the tables and show them who is the boss.

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    Kolokombwa 2 weeks ago

    People all over the world want an independent Central Bank! PF is advocating interference in BOZ operations. Good governance has disappeared under this regime

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    the question is, is the central bank the government? what does boZ have to do with that this is total no sense now