• The continuous free falling depreciation of the Kwacha against major convertibles is quickly turning into a serious business nightmare.• Local small and medium businesses
• The upward movement in the basket is attributed to increased prices in food items.January saw an increase in mealie meal prices.• JCTR remains concerned
• Over 50 percent of that is coming from investment in government securities.• Part of the big investment in government securities had come during the
• If the country is able to restructure its debt, most of the available resources will go towards financing the social sectors.• China’s positive response
• Discussions are going on to try and come to a conclusion.• Zambia does not negotiate with the G20 but International Monetary Fund official creditors.•
• The Kwacha has continued to depreciate against major convertible currencies, the dollar, the Euro, and the Pound.• This is despite the Central Bank intervening