Kwacha rules apply, says BoZ
By BUUMBA CHIMBULU THE Bank of Zambia’s (BoZ) Currency Directives that took effect on December 26, 2025 have reinforced the role of the Kwacha as the country’s principal medium of exchange by requiring all domestic transactions to be settled in local currency, according to the latest edition of Zambanker magazine. The publication, issued by […] To continue reading, you must subscribe to either DAILY, WEEKLY or MONTHLY Plans.
By BUUMBA CHIMBULU THE Bank of Zambia’s (BoZ) Currency Directives that took effect on December 26, 2025 have reinforced the role of the Kwacha as the country’s principal medium of exchange by requiring all domestic transactions to be settled in local currency, according to the latest edition of Zambanker magazine. The publication, issued by […]