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.
Tag: mineral royalties
Copper and the Kwacha: How the Link Actually Works
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.