Zambia one hundred kwacha note
The one hundred kwacha note of Zambia is a denomination of the Zambian currency.
The current paper note, first issued in 2013 features the Freedom Statue in Lusaka, the issuing authority of legal tenders in Zambia, in the middle there is the National Assembly, the face value of the banknote in words in the lower left corner, and in numerals in the other three corners and the new printer imprint Giesecke & Devrient at the lower right corner, there is also a Buffalo on the reverse. The obverse features the African fish eagle which is considered as the primary recognition of the Zambian banknote, together with the coat of arms, the signature of the Bank of Zambia Governor and obligation to pay the sum indicated on the banknote, and the face value of the specified banknote and the Baobab Tree.
It is the highest denomination of banknote issued by the Bank of Zambia since January, 2013 when the three zeros from the preexisting denomination K500, K1,000, K5,000, K10,000, K20,000 and K50,000 were removed.
Zimbabweans in Zambia
Among Zimbabweans who have moved to Zambia are a small number of white Zimbabwean farmers, whose numbers had reached roughly 150 to 300 people . They farm a variety of crops including tobacco, wheat, and chili peppers on an estimated 150 farms. The capital they brought, combined with general economic liberalisation under the late Zambian president Levy Mwanawasa, has been credited with stimulating an agricultural boom in Zambia. In 2004, for the first time in 26 years, Zambia exported more corn than it imported. Zambia was considered the "easy option" for Zimbabwean farmers as compared to other potential destinations such as Malawi or Nigeria due to the close resemblance between the soil and climate of Zambia and that of Zimbabwe, as well as Zambia's relative stability; however, farmers who relocated to Zambia typically took on heavy debts denominated in Zambian kwacha while selling their produce abroad for U.S. dollars, which put them into difficulties when the kwacha appreciated almost one-third against the dollar in 2006.