Tamara was the Senior Manager in charge of the Vault room on the fourth floor of the Bank of Zambia Building along Cairo Road. The building’s entrances featured allegorical sculptures by Mpundu Chisanga, a famous sculptor in Zambia, representing security and integrity flanking the Cairo road while the chained hand faced the adjacent close. She reported to the Director of Corporate Affairs and National Debt Management on all matters related to the strong room. Her boss was the one directly responsible for the macroeconomic policies and indicators of the domestic economy. Of late, the director had pressure since the Kwacha had depreciated markedly amid increasing concerns over the state of Zambia’s public finances, which, coupled with rising inflation and deteriorating sentiments, likely bruised private consumption and investment activities. The economic growth outlook remained bleak amid concerns over macroeconomic stability due to soaring public debt, an increasing fiscal defic
Last Updated : 2021-07-12 Read more