‘Kwacha appreciation increased profitability’
Published On March 19, 2024 » 741 Views» By Times Reporter » Business, Stories
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By ANDREW MULENGA –
THE appreciation of the Kwacha against the Dollar after the Bank of Zambia (BoZ) monetary policy interventions have provided prospects for profitability, importers have said.
Importers also encouraged the central bank to be consistent in the application of such policy interventions in order to guarantee the stability of the local currency while ensuring profitable import businesses.
Car Dealers Association of Zambia (CDAZ) spokesperson Kelvin Kameta said the appreciation of the Kwacha against the greenback provided an opportunity for members to land cars at a lower cost.

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