FINANCE and National Planning Minister Dr Situmbeko Musokotwane has expressed skepticism regarding predictions of the Kwacha’s depreciation to the extent of trading at K30 against the United States dollar. Economist Lubinda Haabazoka recently forecasted that the Kwacha was on track to reach K30 against the US dollar within two weeks. In response to inquiries about this projection in an interview, Dr Musokotwane emphasized the unpredictability of exchange rate forecasts, stating, “No one can accurately predict exchange rates; people can only speculate.” He disclosed that the investor for Mopani, IHR, had injected $80 million into the mine, which he said would help support the Kwacha’s recovery. “I cannot predict because no one can do so, no one has ever managed to...