New currency fading faster than old one- Chipata residents

Some Chipata resident have questioned the quality of the new rebased Kwacha saying the new money has already started fading when it has only been in circulation for a month.

A businessman who operates at the Central business district, Charles Tembo, charged that the new money easily fades off and when comes into contact with water or sweat the ink easily fades.

And a trader Richard Banda of kapata market expressed concern that the money may be faded before the old kwacha is completed phased out because the quality of the new notes is questionable.

Mr Banda said there is need for the Bank of Zambia to monitor the new notes and ensure that the money is durable because changing the money again would be costly for the government.


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