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Despite all these advantages and disadvantages, various factors influence Zambia and its interactions with the foreign markets.A better analysis of will be possible with the benefit of hindsight.

This has a number of implications from the Zambian perspective.

To start with, it makes the Zambian Kwacha more expensive relative to other currencies.

In summary, the implications of ‘knocking off’ the zeroes from the kwacha are mainly threefold: (1) The kwacha becomes more expensive relative to other currencies.

(2) Exports from Zambia become more expensive in international markets.

Hence the conclusion, exports from Zambia will be more expensive to foreign markets (all else being equal). S producer of airtime currently sells to Zambia, they get approximately $1 for every K5000 of airtime produced.

This is assuming the current approximate rate of K5000 per U. If this rate suddenly changes to

This is assuming the current approximate rate of K5000 per U. If this rate suddenly changes to$1=K5, the Zambian importer would get $1 worthof U. Presuming the Zambian’s earnings and all else remain equal, Zambian imports are now cheaper by K4,995.Taking airtime as an example, currently there are K5000 airtime scratch cards in Zambia.If a solely Zambian company produces and sells these to the U. However, if the Kwacha is now rebased to K5 for every $1, the airtime selling company would now have to get $1000 for K5000 worth of talk time to an American consumer.If you are Zambian, do not be excited yet because everything becomes messed up when that ‘all else being equal’ is lifted.For instance, if your salary is K5million before the change, you would expect your employers to ‘rebase’ it to K5000 as well-effectively meaning no real change for you.“Knowledge is power” -Francis Bacon That is why I want to be one of the first to add to the body of knowledge over the announcement a few hours ago by the government that it would “rebase the Zambian [currency the] Kwacha by dividing the current notes by 1000”.

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This is assuming the current approximate rate of K5000 per U. If this rate suddenly changes to$1=K5, the Zambian importer would get $1 worthof U. Presuming the Zambian’s earnings and all else remain equal, Zambian imports are now cheaper by K4,995.

Taking airtime as an example, currently there are K5000 airtime scratch cards in Zambia.

If a solely Zambian company produces and sells these to the U. However, if the Kwacha is now rebased to K5 for every $1, the airtime selling company would now have to get $1000 for K5000 worth of talk time to an American consumer.

If you are Zambian, do not be excited yet because everything becomes messed up when that ‘all else being equal’ is lifted.

For instance, if your salary is K5million before the change, you would expect your employers to ‘rebase’ it to K5000 as well-effectively meaning no real change for you.

“Knowledge is power” -Francis Bacon That is why I want to be one of the first to add to the body of knowledge over the announcement a few hours ago by the government that it would “rebase the Zambian [currency the] Kwacha by dividing the current notes by 1000”.

||

This is assuming the current approximate rate of K5000 per U. If this rate suddenly changes to$1=K5, the Zambian importer would get $1 worthof U. Presuming the Zambian’s earnings and all else remain equal, Zambian imports are now cheaper by K4,995.

Taking airtime as an example, currently there are K5000 airtime scratch cards in Zambia.

If a solely Zambian company produces and sells these to the U. However, if the Kwacha is now rebased to K5 for every $1, the airtime selling company would now have to get $1000 for K5000 worth of talk time to an American consumer.

If you are Zambian, do not be excited yet because everything becomes messed up when that ‘all else being equal’ is lifted.

=K5, the Zambian importer would get

This is assuming the current approximate rate of K5000 per U. If this rate suddenly changes to$1=K5, the Zambian importer would get $1 worthof U. Presuming the Zambian’s earnings and all else remain equal, Zambian imports are now cheaper by K4,995.Taking airtime as an example, currently there are K5000 airtime scratch cards in Zambia.If a solely Zambian company produces and sells these to the U. However, if the Kwacha is now rebased to K5 for every $1, the airtime selling company would now have to get $1000 for K5000 worth of talk time to an American consumer.If you are Zambian, do not be excited yet because everything becomes messed up when that ‘all else being equal’ is lifted.For instance, if your salary is K5million before the change, you would expect your employers to ‘rebase’ it to K5000 as well-effectively meaning no real change for you.“Knowledge is power” -Francis Bacon That is why I want to be one of the first to add to the body of knowledge over the announcement a few hours ago by the government that it would “rebase the Zambian [currency the] Kwacha by dividing the current notes by 1000”.

||

This is assuming the current approximate rate of K5000 per U. If this rate suddenly changes to$1=K5, the Zambian importer would get $1 worthof U. Presuming the Zambian’s earnings and all else remain equal, Zambian imports are now cheaper by K4,995.

Taking airtime as an example, currently there are K5000 airtime scratch cards in Zambia.

If a solely Zambian company produces and sells these to the U. However, if the Kwacha is now rebased to K5 for every $1, the airtime selling company would now have to get $1000 for K5000 worth of talk time to an American consumer.

If you are Zambian, do not be excited yet because everything becomes messed up when that ‘all else being equal’ is lifted.

For instance, if your salary is K5million before the change, you would expect your employers to ‘rebase’ it to K5000 as well-effectively meaning no real change for you.

“Knowledge is power” -Francis Bacon That is why I want to be one of the first to add to the body of knowledge over the announcement a few hours ago by the government that it would “rebase the Zambian [currency the] Kwacha by dividing the current notes by 1000”.

||

This is assuming the current approximate rate of K5000 per U. If this rate suddenly changes to$1=K5, the Zambian importer would get $1 worthof U. Presuming the Zambian’s earnings and all else remain equal, Zambian imports are now cheaper by K4,995.

Taking airtime as an example, currently there are K5000 airtime scratch cards in Zambia.

If a solely Zambian company produces and sells these to the U. However, if the Kwacha is now rebased to K5 for every $1, the airtime selling company would now have to get $1000 for K5000 worth of talk time to an American consumer.

If you are Zambian, do not be excited yet because everything becomes messed up when that ‘all else being equal’ is lifted.

worthof U. Presuming the Zambian’s earnings and all else remain equal, Zambian imports are now cheaper by K4,995.

Taking airtime as an example, currently there are K5000 airtime scratch cards in Zambia.

If a solely Zambian company produces and sells these to the U. However, if the Kwacha is now rebased to K5 for every

This is assuming the current approximate rate of K5000 per U. If this rate suddenly changes to$1=K5, the Zambian importer would get $1 worthof U. Presuming the Zambian’s earnings and all else remain equal, Zambian imports are now cheaper by K4,995.Taking airtime as an example, currently there are K5000 airtime scratch cards in Zambia.If a solely Zambian company produces and sells these to the U. However, if the Kwacha is now rebased to K5 for every $1, the airtime selling company would now have to get $1000 for K5000 worth of talk time to an American consumer.If you are Zambian, do not be excited yet because everything becomes messed up when that ‘all else being equal’ is lifted.For instance, if your salary is K5million before the change, you would expect your employers to ‘rebase’ it to K5000 as well-effectively meaning no real change for you.“Knowledge is power” -Francis Bacon That is why I want to be one of the first to add to the body of knowledge over the announcement a few hours ago by the government that it would “rebase the Zambian [currency the] Kwacha by dividing the current notes by 1000”.

||

This is assuming the current approximate rate of K5000 per U. If this rate suddenly changes to$1=K5, the Zambian importer would get $1 worthof U. Presuming the Zambian’s earnings and all else remain equal, Zambian imports are now cheaper by K4,995.

Taking airtime as an example, currently there are K5000 airtime scratch cards in Zambia.

If a solely Zambian company produces and sells these to the U. However, if the Kwacha is now rebased to K5 for every $1, the airtime selling company would now have to get $1000 for K5000 worth of talk time to an American consumer.

If you are Zambian, do not be excited yet because everything becomes messed up when that ‘all else being equal’ is lifted.

For instance, if your salary is K5million before the change, you would expect your employers to ‘rebase’ it to K5000 as well-effectively meaning no real change for you.

“Knowledge is power” -Francis Bacon That is why I want to be one of the first to add to the body of knowledge over the announcement a few hours ago by the government that it would “rebase the Zambian [currency the] Kwacha by dividing the current notes by 1000”.

||

This is assuming the current approximate rate of K5000 per U. If this rate suddenly changes to$1=K5, the Zambian importer would get $1 worthof U. Presuming the Zambian’s earnings and all else remain equal, Zambian imports are now cheaper by K4,995.

Taking airtime as an example, currently there are K5000 airtime scratch cards in Zambia.

If a solely Zambian company produces and sells these to the U. However, if the Kwacha is now rebased to K5 for every $1, the airtime selling company would now have to get $1000 for K5000 worth of talk time to an American consumer.

If you are Zambian, do not be excited yet because everything becomes messed up when that ‘all else being equal’ is lifted.

, the airtime selling company would now have to get 00 for K5000 worth of talk time to an American consumer.

If you are Zambian, do not be excited yet because everything becomes messed up when that ‘all else being equal’ is lifted.

For instance, if your salary is K5million before the change, you would expect your employers to ‘rebase’ it to K5000 as well-effectively meaning no real change for you.

“Knowledge is power” -Francis Bacon That is why I want to be one of the first to add to the body of knowledge over the announcement a few hours ago by the government that it would “rebase the Zambian [currency the] Kwacha by dividing the current notes by 1000”.

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