Multinationals siphoning foreign currency out are making Kwacha weak – Dodia

By Isaac Zulu Private Sector Development (PSD)  association chairperson Yusuf Dodia has observed that multinational companies are withdrawing foreign currency in reaction to government’s policy on tracking proceeds, which he said is leading to the depreciation of the Kwacha. In an interview with Daily Revelation, Dodia said that normally the Zambian Kwacha tends to appreciate...

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