“This is the challenge. Focus on what we need to do today to start that journey and do it again.”
Brad Stevens on the Celtics’ upcoming season 🗣️
(via @NBCSCeltics)
Today, our Managing Director announced the successful registration of our USD200 million Green Bond.
This announcement marks another significant milestone in our renewable energy journey and Zambia's green energy transition.
#CECaddingvalue#sustainableCEC#COP28UAE📷
Breaking news
@CECinvestor issues $200m Green Bond becoming the first company to issue this instrument in Zambia.
Listen to CEC CEO making the announcement in Dubai UAE @ @CECinvestor
The project will deliver over 200MW of renewable solar energy.
Get to know….
While not an exact science, a quick, albeit imprecise method to estimate monthly fuel price adjustments compares the daily average Brent Crude oil prices in Kwacha between November and October 2023. This method primarily focuses on the percentage change in these prices.
Expectations of a fuel pump price increase, stemming from the Kwacha's depreciation in November 2023 relative to October 2023, did not materialize, as prices remained stable. This stability directly relates to a commensurate decrease in international oil prices, effectively offsetting the local currency's depreciation.
The daily average Brent Crude prices in ZMW were:
- November 2023: 1,888.288
- October 2023: 1,883.058
This represents a nominal percentage change of +0.28%. As this change lies within the +/- 2.50% threshold that the ERB uses to trigger adjustments, the decision to keep the current fuel prices unchanged is justified.
#zambia #erb #fuel #oil #inflation #costofliving #kwacha #dollar #usd #dxy