Economic Expert Kelvin Chisanga has indicated that the growing use of Kaloba among civil servants is less about addiction to borrowing and more of a symptom caused by a deeper household liquidity crisis. Speaking in an interview with Zambian Business Times-ZBT, Chisanga said workers are increasingly turning to short-term lenders because their salaries are heavily committed to formal loans, leaving them with little disposable income when emergencies arise. “The growing use of Kaloba amongst civil servants is less about addiction to loans or a borrowing culture and more about a symptom of a deeper household liquidity crisis because when salaries...
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