JESUIT Centre for Theological Reflection (JCTR) Executive Director Fr Alex Muyebe has attributed the continued depreciation of the Kwacha to the delayed debt restructuring process, lack of reinvestment in government bonds, among other factors. According to the Bank of Zambia money market rate, yesterday at 12:30, the dollar was buying at 25.7572 and selling at 25.8072. In an interview, Fr Muyebe said the kwacha would continue to be under pressure as long as the country remained an import dependent economy.   “I think the kwacha is under pressure [and] the major issue being that Zambia is largely an import dependent economy. And so as long as that remains the case, there will still be a lot of pressure on the kwacha....

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