High Living Costs Despite Stable Kwacha

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Economics Association of Zambia President Oswald Mungule says the high cost of living persists despite a stable kwacha due to low productivity and inflation eroding incomes. He cited poor infrastructure, inefficient logistics, and high transport costs as key drivers of rising prices. Mungule urged the government and private sector to boost productivity, support MSMEs, improve access to finance, and align fiscal policies to reduce inflationary pressures.