Kwacha to stabilise this week as tax obligations are due
Published On August 13, 2024 » 472 Views» By Times Reporter » Business, Stories
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By KETRA KALUNGA –
MOST tax obligations are due to the Government this week and the Kwacha is expected to stabilise, economic expert Emmanuel Zulu has said.
Mr Zulu said in an interview that there would be an increasing demand for the kwacha to meet tax obligations and this would lead to the stable performance of the kwacha this week.
He said the expected stability in the performance of the kwacha against the dollar was still dependent on how much of the foreign currency would be demanded for the Government to meet its external obligations and balance of payment obligations.
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