SPEAKING at a Monetary Policy Committee media briefing, yesterday, Bank of Zambia (BoZ) Governor Dr Denny Kalyalya said the country’s economic situation is far from normal, stressing that the interventions that the Central Bank is applying to manage the Kwacha volatility, though contradictory, are necessary to control the situation. He warned that things might get worse if action is not taken. DR Denny KALYALYA: “Colleagues, the situation is far from being normal unless maybe others are not seeing. If inflation is rising, it’s eating away in your purchasing power. If the exchange rate is rising at the rate it is, it is also eating away from your purchasing power. Now we have a choice to let these continue and then...