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The kwacha is not over-valued. It is over-defended.
Defending a price you cannot afford is not stability. It is denial with a calendar.
Columns and commentary.
Defending a price you cannot afford is not stability. It is denial with a calendar.
The grain board has been a fiscal cost-centre for a decade. The numbers no longer leave room for sentiment.
Twelve trillion kwacha in annual transactions deserves more than a regulatory addendum.