Why a Strong Kwacha Is Not Always Good News for Zambia
The kwacha is up 20% this year. It cuts import costs and inflation - but squeezes exporters, tourism and the government revenue base. Who wins, who pays, and why.
The kwacha is up 20% this year. It cuts import costs and inflation - but squeezes exporters, tourism and the government revenue base. Who wins, who pays, and why.
Copper sets the kwacha, and the kwacha sets almost everything else in Zambia. The full chain explained - production, price, currency, inflation and your borrowing costs.
Zambia does not have an access problem. It has a conversion problem. What economic diplomacy is, what machinery Zambia has, and the five reforms that would make it work.