PROFESSOR Lubinda Haabazoka has warned that the kwacha could react to the outcome of the elections, depending on how citizens perceive the winning candidate. Prof Haabazoka has attributed the stability of the kwacha during the election period to good macroeconomic fundamentals, the bumper harvest and government fiscal discipline. In an interview, Friday, Prof Haabazoka said it was the first-time government was showing fiscal discipline during an election period. “I think that the Zambian kwacha has been stable against the US Dollar and other currencies because the market has reacted to the strength in the macroeconomic fundamentals. Businesses, I think, are comfortable with Zambia having over $6 billion in reserves. Businesses now understand that inflation is now in single digits at...