• The Kwacha has continued gaining from last week’s performance.• The appreciation is largely driven by low demand for dollars on the market.• Last week
• There is some bit of stability on the Kwacha against major convertible currencies.• A number of factors are causing the stability.• One of them
• There hasn’t been a fundamental shift in terms of economic activities as yet.• Recent Kwacha appreciation was backed by sentiments.• The country must move
• The new President is pro-business. • Offshore players are looking at the development as positive for business. • The currency depreciated by 0.3 percent