zambia

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May 15, 2016
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Zambia
Dear Sir,

I was purchased an asset in 2014 with cost of $250000/- from India to Zambia,
my accountant taken this Transaction at Exchange Rate 5.9545 per USD, Total ZMW. 1488625.00
Due to Financial crises kwcha was fall down to 10.9906 per USD,
kindly advise me, I want apply for Renewal my Investor permit, i need to submit Fixed assets report authorities for renewal ,
Now . 1488625/10.9906 = 135378/- very low...
kindly advise me to how to Increase my assets as per Exchange Agin

Thanks
Aspual
 

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