KITWE Chamber of Commerce president Emmanuel Mbambiko says if actualised, the investments by those showing interest in Zambia after the debt restructuring deal will help strengthen the Kwacha. Mbambiko has however expressed fear that if the local currency gains too much, to a point of hitting K18 against US1, that may affect exporters negatively. On Wednesday, Zambia’s Ambassador to the United States Chibamba Kanyama said news about the country’s success in debt restructuring had generated significant interest in the USA market. In an interview, Thursday, Mbambiko said Zambia had now become less risky to invest in following the debt restructuring deal. “Those guys that are showing interest it means that if they have extra funding they can then come and...

This premium content is for paid ePaper subscribers.
Subscribe
Already a member? Log in here