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Examples
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A Malawi newspaper, the Nyasa Times, reported that Minister of Presidential and Parliamentary Affairs David Katsonga had angered President Bingu wa Mutharika by taking the "billions of kwachas" meant for the president after he broke ties with Taiwan to recognize Beijing late last year US$1=141 kwachas.
Archive 2008-01-01 Michael Turton 2008
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Muluzi, who has business interests in real estate, media, transport and retail sales, allegedly pocketed nearly 1.4 billion kwachas (12 million dollars/9.5 million euros) between April 1999 and November 2004.
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He was whisked from there to a magistrates 'court, where he was released on 1.5 billion kwachas'
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It means that a Zimbabwe dollar can now be bought for 10 Zambian kwachas, after years of worthlessness on the southern side of the Victoria Falls.
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The tribunal will investigate the alleged diversion of some two billion kwachas (750,000 dollars) in government funds by the trio for use by the governing Movement for Multiparty Democracy (MMD).
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The Zambian currency has fallen to a new record low of 3,900 kwachas to the dollar.
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The rest could be procured locally with Zambian kwachas.
Strategic Management in Developing Countries Case Studies James E. Austin 2000
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Exhibit 5 Estimated Cost of the Project and Sources of Finance in thousand kwachas
Strategic Management in Developing Countries Case Studies James E. Austin 2000
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The court ordered Mpinganjira, who Thursday pleaded not guilty to receiving 2,000 US dollars in bribes when he was education minister two years ago, to pay 200,000 kwachas (2,667 US dollars) in bail after he spent two nights in custody.
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Mpinganjira pleaded not guilty to charges of receiving bribes in cash totalling 67,000 kwachas (about 2,000 US dollars) to induce him to award 440,000 US dollars worth of tenders to a contractor to build government schools.
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