Zambia's kwacha has hit a series of record lows since the start of the year as a severe drought keeps the pressure firmly on the copper-producing Southern African country's economy.

Analysts had hoped Zambia's emergence from default early last year would have helped sentiment, but the currency is now roughly three percent below where it was before its debt restructuring deal.

For more on this story Peter Ndoro spoke to Emmanuel Zulu, Economics Association of Zambia Board member.

Zambia's kwacha has hit a series of record lows since the start of the year as a severe drought keeps the pressure firmly on the copper-producing Southern African country's economy.
Analysts had hoped Zambia's emergence from default early last year would have helped sentiment, but the currency is now roughly three percent below where it was before its debt restructuring deal.
For more on this story Peter Ndoro spoke to Emmanuel Zulu, Economics Association of Zambia Board member.

Advertisement