Tag Archives: Bank of Zambia

Zambia: Inflation to drop to 8.7%

InflationStory from the Zambia Daily Mail Website

BANK of Zambia Governor Denny Kalyalya yesterday projected that inflation will decelerate to about 8.7 percent in the last quarter of 2016 because of fiscal consolidation and a stable exchange rate. Read More

CLICK HERE FOR MORE ZAMBIAN NEWS WEBSITES

Advertisements

Zambia: Bank predicts remarkable Kwacha appreciation soon

Story from the Lusaka Times Websitenew kwacha notes

The Rand Merchant Bank has observed that the Zambian currency was expected to record tremendous appreciation against major foreign currencies in the next few months. Click here for the Full Story

CLICK HERE FOR MORE ZAMBIAN NEWS WEBSITES

Zambia: KR3 Billion Withdrawn From Circulation

new kwacha notesStory from the Mwebantu Website

THE Bank of Zambia (BOZ) says it has withdrawn about K3.178 trillion (KR 3.178 billion) as at the end of 28th February 2013 and issued about KR three (3) billion (K3.178 trillion) since the new currency was introduced into circulation at the beginning of the year. Click here for the Full Story

CLICK HERE FOR MORE ZAMBIAN NEWS WEBSITES

Zambia: Bloomberg-Kwacha reaches lowest level in 4 years, worlds’ worst perfomer

KWATCHAStory from the Zambian Watchdog Website

Zambia’s kwacha retreated for a third day, reaching the lowest in almost four years, amid speculation mining companies refrained from selling dollars in the market. Click here for the Full Story

CLICK HERE FOR MORE ZAMBIAN NEWS WEBSITES

Zambia: Accept coins, BoZ chief urges public

Story from the Zambia Daily Mail

BANK of Zambia (BoZ) governor Michael Gondwe says the central bank has observed with concern that some members of the public are rejecting change in the form of coins. Click here for the Full Story

CLICK HERE FOR MORE ZAMBIAN NEWS WEBSITES

Zambia: Bank of Zambia urges public to handle new Kwacha carefully

kwachaStory from the Lusaka Times

The Bank of Zambia (BOZ) has called on the members of the public to desist from subjecting the new bank notes to harsh handling or any other form of experiment. Click here for the Full Story

CLICK HERE FOR MORE ZAMBIAN NEWS WEBSITES

Zambia: December 31 2012 to be declared a Bank Holiday-BOZ

Story from the Lusaka Times Website

The Bank of Zambia has proposed that December 31 2012 be declared a Bank Holiday to allow for the smooth transition into the rebased Kwacha. Click here for the Full Story

CLICK HERE FOR MORE ZAMBIAN NEWS WEBSITES

New Zambian Kwacha launches January 1, 2013

Story by the Zambia Daily Mail

THE Bank of Zambia (BoZ) has set January 1, 2013 as the date for the change-over for the rebased currency.
Consequently, the rebased currency will become legal tender on the said date and will be accepted as a medium of exchange in the country. Click here for the Full Story

CLICK HERE FOR MORE ZAMBIAN NEWS WEBSITES

SA company to mint new Zambian coins

THE Bank of Zambia (BoZ) is this week expected to sign a contract with a South African mint company to produce the new coins. Central bank deputy governor of operations, Bwalya Ng’andu says the new coins are expected to be delivered in December.  State House

CLICK HERE FOR MORE