Zambia's Economic Storm

In October, the Zambian Kwacha had the unenviable record of being the worst performing currency against the US Dollar in 2015.

The Zambian Kwacha

Whilst this may be good for tourists travelling to the country, it is symptomatic of a serious underlying economic crisis that has been building in the country over the last 4 years: persistent government mis-management and poor rains has combined more recently with a Chinese slowdown and collapsing commodity prices creating the perfect economic storm.
Our travelling economist friend Stuart Block goes into more detail…..


http://www.beyondthebike.org/blog/beyond-the-bike-2011-13/entry/triple-deficits-and-economic-crises-in-zambia