By Kalata News,
LUSAKA – The Bank of Zambia (BoZ) has ordered that commercial banks to restrict money in supply in an effort to arrest the rising costs of things.
In a circular number 31 of 2023 dated November 21 and signed by Deputy Governor Francis Chipimo, the Central Bank announced that the Statutory Reserve Ratio will be increased to 17 per cent from 14.5 per cent with effect from Monday November 27.
The Kwacha –Dollar relation has seen the Kwacha lose value every week as the demand for dollar keeps on rising.
This week the dollar is trading between K22 to K24 to a dollar.
FRANCHISING IN ZAMBIA: What It Costs to Own a Steers, Chicken Licken, Nando’s, KFC, or…
Namwala - President Hakainde Hichilema on June 1 in Namwala at his Ibamba Ranch put…
Anyone Can Register Company Name with “Airtel” Name in it By Dickson Jere When Bharti…
By Kalata News Lusaka, May,2025 – INVESTMENTS follow countries where there is good governance and…
Inflation in Zambia The annual inflation rate in Zambia is currently at 16.5%. In January 2025,…
By Kamphembele Ngulube The Bank of Zambia (BoZ) has maintained the Monetary Policy Rate at…