PNUP President Highvie H. Hamududu writes…✍🏻
Change of currency notes and coins, doesn’t cause inflation.
Dealing with inflation is a long-term process by addressing underlying economic factors.
This government is ably addressing the underlying factors such as debt restructuring, securing IMF support for reforms, revitalizing key economic sectors such as mining, energy, key infrastructure, Agriculture, manufacturing, ICT etc
Mining production has started rising, electricity diversification and investment is picking up, Public Private Partnerships infrastructure is showing up etc.
The future is looking bright, yes, for now the cost of living remains a challenge and its cause is historic, it can’t be addressed overnight but the treatment is in motion. It is a process.
International and independent experts project Zambian economy to be one of the fastest growing economy in Sub Saharan Africa from 2028/29/30/31 onwards because of the foundational economic reforms being undertaken now.
Let us believe in the process, support the process and the process (President HH and UPND) must win 2026 elections and beyond to safeguard the economic recovery process
How surprising, NOT.
You are very united you guys. We can learn a lot from you people.
Your kachema must be very proud of you.
Vote like they do.
Vote wisely in 2026.
What do you mean by kacema when you can’t even keep a dog! Whether you vote like them or not HH7 is here to stay
Vote wisely vote for HH7 in 2026/31
That delinquent armchair critic thinks the T-bone steak he cherishes so much comes from Ituri forest in the Congo. He doesn’t know that it comes from the same kacema.
Only in your head it doesn’t cause inflation. But in the country it causes Inflation. Just by end of March even things like bread which most Zambians can’t afford now, will be costing K30 or more. There are a lot of factors which trigger inflation after change of currency, this man called politician needs to be educated on. Firstly it’s the cost of printing the new notes, government has just borrowed money to print enough notes to be used in all parts of the country, very costly unnecessary expenditure. Secondly, it’s because goods which where costing less in price will suddenly double so that it’s easier to change a K500 note, in short goods and services will now be based on K500 note and not a K100 note. Thirdly, smaller denominations will become worthless, of no value in procuring goods and services. So the more a country introduces higher denomination notes, the more smaller denomination notes become worthless because of inflationary triggers! In the end even the bigger notes will become worthless, the Zimbabwe scenerio! So sir, introduction of bigger notes does cause inflation. Don’t just defend for the sake of! Think of the future of your children, and also that of the children of your children.
Only baboons like indigo, lungu, sampa, lubinda, lusambo think so.
All of these effers are uneducated corrupt effers
New denomination notes can contribute to inflation. Because prices may be set to match the new rounded note.
What is outlined in the article are measures to counter inflation. Stop and think about what the article says. Inflation is not the increase in tne price of certain items. We allow those item price increase cause we continue to buy them even when the price increases. Some increased cause of loadshedding. And the price will only stay that way if we allow the producers think we can not do without them.
Have to love the fact that the curriculum is changing. Economics fundamentals should be taught so that folks are not so easily misled by naysayers and Pied pipers…