BY NOEL IYOMBWATHE Kwacha has continued to appreciate against major convertible currencies because the markets are expecting the Patriotic Front (PF) to continue in government after the August 12 general elections, former Finance Minister Alexander Chikwanda has said.Mr Chikwanda has dismissed with contempt assertions by United Party for National Development (UPND) leader Hakainde Hichilema who has attributed the appreciation of the Kwacha to himself and his party.He said the markets and investors are expecting the PF government to continue governing hence creating confidence of continuity of good policies, resulting in the appreciation of the Kwacha.Mr Hichilema who has in the past claimed that the Kwacha would continue to depreciate and only gain if his party formed government has made an economically strange claim that the Kwacha has been appreciating because the markets were expecting regime change.He said the markets and investors are expecting the PF government to continue governing hence creating confidence of continuity of […]
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