COPPER SURGE STRENGTHENS KWACHA AGAINST THE DOLLAR

The Zambian kwacha strengthened against the U.S. dollar this week as global copper prices rallied toward record levels. As one of Africa’s largest copper producers, Zambia’s economy is closely tied to commodity market movements.

Analysts say the currency boost reflects strong demand for copper, particularly from major importers preparing for supply constraints. A stronger kwacha can help reduce import costs and ease some inflationary pressures.

Mining sector stakeholders believe sustained copper demand will be crucial for export revenues and foreign exchange earnings in the year ahead. They note that global markets remain volatile but positive for producers.