Economists Welcome Government Mining Currency Policy By Ellen Hambuba and Report by Daisy Mulenga Financial Economist BRIGHT CHIZONDE says the government’s decision to allow some mining companies to pay their tax obligations in Chinese currency is a progressive step. Mr. CHIZONDE told ZNBC News that the move will help reduce the government’s cost of debt servicing. He noted that Zambia’s gross international reserves are not entirely denominated in US dollars, despite being reported as such. Mr.

GOVERNMENT CLARIFIES USE OF CHINESE CURRENCY Government has clarified that the decision to allow the payment of some mining taxes in the Chinese currency, the Yuan, also known as Renminbi, is a strategic and cost-saving measure aimed at improving debt management and reducing foreign exchange conversion costs. Minister of Finance and National Planning, Situmbeko Musokotwane, says the measure should not be interpreted as a shift from the Zambian Kwacha, which remains the primary legal tender for d

International payments in yuan made up 18% of China’s total value of goods traded in 2022 and is emerging as an attractive alternative to the US dollar. Why is the yuan becoming an anchor currency in commodities trading? Read more: bt.sg/5Kt4 | The Business Times | Facebook

7M views · 159K reactions | "En una propiedad tan grande con una colección tan extensa a Jersey y a mí nos gusta dividirnos para analizar cada capa adentrarnos en la maleza y evaluar cada pieza." Mike #CazadoresDeTesoros | HISTORY | Facebook

540K views · 15K reactions | Un grupo de geólogos exploraba los Montes Urales cuando descubrió restos metálicos de origen desconocido. Al investigar, identificaron estructuras con formas no convencionales, similares a OVNIs. El hallazgo causó asombro y especulación científica. Aún se desconoce el origen de los objetos encontrados.  Todo esto y más en tu pantalla de History #AlienígenasAncestrales | HISTORY | Facebook