A man displays a 50,000 Kwacha note in Lusaka, in a file photo.
“We have put our economy on a positive growth trajectory in the last 12 months and we project the economy to bottom up from this negative growth,” Hichilema told parliament, and forecast an economic expansion of 4% in the medium term. Inflation stood at 24.4% in August 2021 but fell to a single digit of 9.8% as at August 2022, the official statistics agency, Zamstat said.
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Zambia is an example of fruits of great leadership ,currently the Zambian Kwacha is trading stronger than the rand 1 Kwacha gives you R1.0951