(2 minutes read)
- Market players have urged Zambians to continue working hard and support President-elect Hakainde Hichilema’s economic recovery policies
- Mr Hichilema, a former chief executive officer at accounting firm Grant Thornton, now faces the task of trying to revive Zambia’s fortunes whose economy has been facing a mix of challenges including debt, depressed commodity prices and the slowdown in economic activities caused by coronavirus
Market players have urged Zambians to continue working hard and support President-elect Hakainde Hichilema’s economic recovery policies.
Mr Hichilema, a former chief executive officer at accounting firm Grant Thornton, now faces the task of trying to revive Zambia’s fortunes whose economy has been facing a mix of challenges including debt, depressed commodity prices and the slowdown in economic activities caused by coronavirus.
Association of Bureaux de Change president Paul Kalumba said that any slight appreciation in the foreign exchange market will be temporary since it will be out of market sentiments. He said that the voice of Zambians has been heard through the ballot. As a country, Zambia should increase production, export goods and services and earn forex. The incoming President is widely acclaimed as business-friendly.