ECONOMIST Trevor Hambayi says the Bank of Zambia’s strategies aimed at stabilising the Kwacha against major convertibles have so far not yielded positive results. And Hambayi says government needs to create a conducive business environment for small-scale miners rather than pouncing on them for failure to pay taxes. The Bank of Zambia Monetary Policy Committee (MPC) recently decided to raise the Monetary Policy Rate by 100 basis points to 11.0 percent. According to the Bank of Zambia exchange rates, as at yesterday, the Dollar was buying at K 23.90 and selling at K23.95. In an interview, Hambayi said the measures being taken by the Central Bank were not working as the Kwacha had continued to depreciate. “The reason the Central...