THE Zambia Association of Manufacturers (ZAM) says the appreciation of the Kwacha should have a direct impact on price reductions, especially for locally manufactured products. The Kwacha has continued gaining momentum, attaining recognition as the best-performing currency on the globe. By the close of business on Friday, at 15:30 hours, Zanaco exchange rates indicated that the Kwacha was buying at K19.38 and selling at K19.75. In an interview, Friday, ZAM president Muhammed Umar said the appreciation of the Kwacha should also translate into a reduction in the prices of imported finished products. He noted that stability was key, as it allowed for long-term planning decisions to be made. “For any business, stability is key as this allows long-term planning decisions...