The People’s Newspaper
FORMER Bank of Zambia (BoZ) Governor, Jacob Mwanza, has cautioned the central bank to use the Statutory Reserve Ratio instrument in a sparing manner as it has potential to cause economic havoc.
THE Bank of Zambia (BoZ) has launched the first publication of the Monetary Policy Report (MPR), presenting a detailed assessment of the path of inflation over the next eight-quarters.
THE Bank of Zambia (BoZ) has raised concern at the existing gap of how many people have formal accounts and financially included, worse off when comparing between the urban and rural population.
ZAMBIA’S foreign exchange market is still deemed to be operating in a manner that is consistent with market principles, as evidenced by the absence of parallel structures such as the black market.
…in an attempt to curb the escalating inflation, further driving upwards the borrowing rate from banks By BUUMBA CHIMBULU BUSINESSES and individual citizens should brace for hard economic times as … Read More
MULTINATIONALS externalizing huge amounts of hard currency are behind the demand pressure depreciating the Zambian Kwacha, therefore the Bank of Zambia should consider implementing foreign exchange control in the short term to stem the tide, a Zambian economist has proposed.
By BUUMBA CHIMBULU GOVERNMENT in its efforts to deal with its indebtedness, last month released K4.2 billion to service the dues owed both externally and domestically. These funds are part … Read More
FORMER Bank of Zambia (BOZ) Governor Christopher Mvunga has sued Matero Member of Parliament Miles Sampa for accusing him of releasing money from the Central Bank vault which is alleged to have been found with Faith Musonda.
BANK of Zambia (BoZ) has lost an appeal filed in the Court of Appeal against then High Court’s decision which entered judgement in favour of the 260 erstwhile Police officers seconded to the central bank, demanding payment of their allowances.
ECONOMIST Lubinda Haabazoka has wondered why the Bank of Zambia (BoZ) has stopped declaring gold reserves when it has been giving confidence to the outside community that the country has enough reserves.
