ECONOMIST Dr Lubinda Haabazoka says the continued appreciation of the Kwacha is a sign that the country is on the path to economic recovery. Dr Haabazoka has attributed the Kwacha’s appreciation to investor confidence, payment of taxes by mines and low demand on imported products, among other factors. The Kwacha has remained stable for the past few months, trading around K24 to a dollar but it is now trading around K21 in some bureaus. In an interview, Saturday, Dr Haabazoka said this appreciation was unusual as the Kwacha normally depreciates this time of the year. “Looking at the traditional trend of the Kwacha, during this time, the Kwacha actually, is normally under pressure. It’s supposed to be losing value against...






















