Kwacha falls further

Kwacha falls further

One US Dollar is now fetching K12.50, according to Zambia National Commercial Bank. In private bureaux, the Kwacha is is even weaker and is likely to sell at K13 per dollar by midweek.

Meanwhile, Russian trained economist Lubinda Habazoka has attributed the depreciation of the Kwacha to comments by Zambians on Facebook and Twiter.

Habazioka who heads the economic association of PF says the government is doing a good job but citizens are making the Kwacha lose value.

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