FINANCE and National Planning Minister Dr Situmbeko Musokotwane says by the end of this year, the Kwacha should be stabilised and prices of some commodities will reduce. Speaking during Diamond TV’s “Diamond Live” programme, Friday evening, Dr Musokotwane said the expansion of old mines like Lumwana and First Quantum would bring foreign exchange on the table which would eventually lead to the stabilisation of some commodity prices. “First Quantum, Lumwana, these old mines are also expanding. So, by the end of this year, next year, certainly the Kwacha should be a much more stable currency than we have seen in the last two years, why? Because these two mining companies would bring foreign exchange on the table and help to...

This premium content is for paid ePaper subscribers.
Subscribe
Already a member? Log in here