Appreciation of Kwacha and food prices

Appreciation of Kwacha and food prices

While the PF Kwacha is ‘appreciating’, prices of food have continued going up as these photos taken from Mandevu this morning prove. When the Kwachaimage image image image was losing value, prices of all commodities and services went up. So if the ‘appreciation’ is genuine, why don’t we see corresponding reductions in prices of food and other services such as bus fares?

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