Zambian kwacha
The Kwacha (ISO 4217 code: ZMW) is the currency of Zambia. It is subdivided into 100 "Ngwee".
Politics of Zambia
Edgar Chagwa Lungu was sworn in as president of Zambia on January 25, 2015, succeeding acting-president Guy Scott who briefly held the office after the passing of Michael Chiluyfa Sata. Lungu's presidency has thus far been criticised for failing to halt the depreciating Kwacha. There have also been unsubstantiated reports of Lungu's alleged alcoholism, stemming from a reported physical collapse early in his presidency.. The economic challenges facing Zambia, in particular the depreciating Kwacha, have been attributed to the global fall of commodity prices. Zambia derives over 90% of its export earnings from a single commodity, copper, which has lost about 45% of its value on the international commodity market.