If Zambia’s Kwacha Is Up, Why Aren’t Prices Down? (Explained Simply)

Описание: Zambia’s Kwacha has strengthened — but prices in shops are still high.

So what’s really going on?

In this episode of The Awakening with Kelvin Phiri Podcast, part of the Bridges to Prosperity series, we respond directly to the questions many of you have been asking:

If the Kwacha is up, why aren’t prices coming down?
Why does life on the ground still feel hard?
What does a stronger currency actually mean for ordinary people, investors, and the diaspora?

In this episode, we break it down simply and honestly, without politics or hype.

We look at:

1) Zambia’s 2020 debt default and why it matters today
2) Why stabilisation comes before lower prices
3) How inflation really works (in plain English)
4) A real construction example using cement prices
5) Why prices don’t fall immediately when the currency strengthens
6) How a stronger Kwacha affects people in the diaspora
7) Whether currency strength scares away foreign investors
8) Why stability is not the same as prosperity — but it is the starting point

This is not about celebrating or criticising any government.
It’s about understanding process, trade-offs, and economic fundamentals — so we can have better conversations about what must come next.

If you’ve ever felt confused by headlines or frustrated by the cost of living, this episode is for you.

Disclaimer

This content is for educational and discussion purposes only.
It is not financial, investment, or political advice.

Join the Conversation

Do you think currency stability will eventually translate into lower prices?
What changes do you want to see next for ordinary Zambians?

Share your thoughts respectfully in the comments.

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