The Southern Cross Border Traders Association says their business are still operating at a loss despite the stability in the Kwacha.
Speaking in an interview with Money FM News Association Secretary General Jacob Makabwe says the stability in the kwacha is not an indication that business is operating at a profit.
“Cross border traders would like to see a situation where the kwacha can gain more strength against major convertible currencies.” He said.
He however says the stability in the kwacha is an advantage to cross border traders as it will allow them to plan for their business for a long time.
Mr Makambo adds that constancy in the kwacha has also helped the traders to maintain the stocks they buy from outside the country.
In the last three months the US dollar has been buying at eleven kwacha seventy Nine ngwee and selling at twelve kwacha.
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