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Zambia Forum/Politics

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VIDEO: TONSE ALLIANCE Position on the Introduction of K500 and K200 Bank Notes

zambianobserver.com/video-...

submitted about 1 year ago by FlawlessGift

VIDEO: TONSE ALLIANCE Position on the Introduction of K500 and K200 Bank Notes

submitted about 1 year ago by FlawlessGift

VIDEO: TONSE ALLIANCE Position on the Introduction of K500 and K200 Bank Notes
  • Opposition leader Sean Tembo criticized the UPND government for introducing K500 and K200 banknotes, saying it shows the country's economic problems.
  • He warned that if the government doesn't change its policies, Zambia could face hyperinflation like Zimbabwe did in 2008.
  • Tembo suggested that the government should focus on local production and stop giving tax breaks to foreign companies to solve the economic issues.
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