ZAMBIA’S KWACHA EXPECTED TO CONTINUE STRENGTHENING AMID MINERAL EXPORTS

Economic analysts predict that Zambia’s kwacha will continue appreciating in early 2026, driven by strong copper and mineral exports as well as increased foreign investment. This forecast was highlighted in reports released in the first week of January 2026. 

The currency’s strength is expected to reduce the cost of imported goods, benefiting businesses and households while potentially easing inflationary pressures. Observers see this as a positive signal for macroeconomic stability.

Financial analysts emphasize that maintaining the kwacha’s upward trajectory will require continued adherence to sound monetary policy, careful debt management, and sustained export growth in the mining sector.

Investors are increasingly confident in Zambia’s fiscal management, viewing the kwacha’s appreciation as a sign of a stable and predictable economic environment, which could attract additional foreign direct investment.

Government officials noted that while the currency’s gains are welcome, they will continue monitoring external economic factors and global commodity prices to ensure that benefits are sustainable and inclusive.