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Kwacha Rebasing – Jan 29,2012

Last updated on February 18, 2012

Finally the Zambian Govt has agreed to do what we have been calling on for many years on diaspora Voice, the rebasing of the Kwacha or droping off the three zeros. On this show we look at the advantages of disadvanges of this move which the Central Bank says should be completed withing 6 months. We also look at the appointment of Mupanga Mwanakatwe, PhD as Chairman and CEO of Zambia Telecomunication Company (Zamtel). What are challenges of Nationalization of a company that moved from about 1,000 cell phone subscribers to more than a million subscribers in a short time of being privatised.

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