Bank of Zambia
@BankofZambia
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Central Bank of the Republic of Zambia
Lusaka, Zambia
Joined October 2018
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Pinned Tweet
Public Notice: The Bank of Zambia has issued Foreign Exchange Market Guidelines to enhance transparency, efficiency and effectiveness of the domestic FX market in Zambia.
#BoZ
Gazette Notice:
Explanatory Notes:
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The Bank of Zambia invites applications from suitably qualified individuals for the following positions: Administrative Assistant (4 posts BoZN4), Storekeeper – Receiving (2 posts BoZU3), Storekeeper – Issuing (2 posts BoZU3) & Note Examiner (5 posts BoZU3).
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Join our discussion on Government Securities on Friday, August 26, at 11:00hrs. We look forward to interacting with you.
#BoZ
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Bank of Zambia Director- Human Resources, Ms. Rekha Chifuwe Mhango, has been appointed Deputy Governor - Administration. She takes over from Dr. Tukiya Kankasa-Mabula who concluded her tenure this month.
#BoZ
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The Bank of Zambia wishes to congratulate Dr. Denny H. Kalyalya on his appointment as Governor.
#BoZ
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Public Notice: The Bank of Zambia has taken possession of Development Bank of Zambia, with effect from July 21, 2023, due to non-compliance with the Banking and Financial Services (Capital Adequacy) Regulations.
Full Statement:
#BoZ
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The Bank of Zambia wishes to congratulate His Excellency, Mr. Hakainde Hichilema, and Her Honour, Mrs. Mutale Nalumango, on their election.
#BoZ
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The Bank of Zambia invites applications from suitably qualified individuals for the attached positions. Apply by April 16, 2024. Please note that the Bank only accepts applications submitted through its portal: Female candidates are encouraged to apply.
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Join our discussion on Government Securities on Wednesday, December 27, at 11:00hrs. We look forward to interacting with you.
#BoZ
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Public Notice: The Bank of Zambia has taken possession of Investrust Bank with effect from April 2, 2024. The possession has been necessitated by the bank’s insolvency.
Full Notice:
#BoZ
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Public Notice: The Bank of Zambia announces that it has approved the acquisition of African Banking Corporation Limited (Atlas Mara) by Access Bank Zambia Limited and the subsequent merger of the two entities effective 23 March 2023. Full statement:
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The Monetary Policy Rate has been raised by 100 basis points to 11.0 percent. This decision was arrived at by the Monetary Policy Committee at its Meeting held on November 20-21, 2023. Governor, Dr. Denny Kalyalya, is currently delivering the Statement.
#MPCDecision
#BoZ
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Updated: Bank of Zambia Director - Economics, Dr. Francis Chipimo, has been appointed Deputy Governor - Operations. The position fell vacant following the appointment of Dr. Bwalya N'gandu as Minister of Finance.
#BoZ
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Join our discussion on Fintech and Payment Systems Regulation in Zambia on Wednesday, November 30, at 11:30hrs. We look forward to interacting with you.
#BoZ
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The Monetary Policy Rate has been maintained at 9.0%. This decision was arrived at by the Monetary Policy Committee at its Meeting held on November 21-22, 2022. Governor, Dr. Denny Kalyalya, is currently delivering the Statement.
#MPCDecision
#BoZ
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The Monetary Policy Rate has been raised by 25 basis points to 9.25% from 9.0%. This decision was arrived at by the Monetary Policy Committee at its Meeting held on February 13 - 14, 2023. Governor, Dr. Denny Kalyalya, is currently delivering the Statement.
#MPCDecision
#BoZ
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The Monetary Policy Rate has been maintained at 9.0%. This decision was arrived at by the Monetary Policy Committee at its Meeting held on August 15 - 16, 2022. Governor, Dr. Denny Kalyalya, is currently delivering the Statement.
#MPCDecision
#BoZ
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Bank of Zambia invites all Zambians aged 18 and above to take part in the 2023 BoZ Photo Challenge and stand a chance to win a Macbook, iPhone, or iPad. How to enter: (1) take a picture that best represents how Digital Financial Services are transforming lives in your community
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The Monetary Policy Rate has been maintained at 9.0%. This decision was arrived at by the Monetary Policy Committee at its Meeting held on February 16 - 17, 2022. Governor, Dr. Denny Kalyalya, is currently delivering the statement.
#MPCDecision
#BoZ
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The Bank of Zambia invites applications from suitably qualified individuals for the following positions: Senior Economist - Macroeconomic Analysis (1 post BOZM6), Economist – Debt (1 post BOZM5), Assistant Manager – Project Management (2 posts BOZM5)
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United States Treasury Secretary, Dr. Janet Yellen, this afternoon held a bilateral meeting with Governor, Dr. Denny Kalyalya, at the Bank of Zambia.
#BoZ
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The Policy Rate has been maintained at 8.5%. This decision was arrived at by the Monetary Policy Committee at its Meeting held on August 30 - 31, 2021. Governor, Mr. Christopher Mvunga, is currently delivering the statement.
#MPCDecision
#BoZ
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Public Notice: The Bank of Zambia regrets to inform members of the public of a cyber security incident affecting the Bank’s Facebook page.
Members of the public are urged not to interact with the affected page until further communication.
#BoZ
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Public Notice: The Bank of Zambia wishes to inform the General Public and investors in Government securities that effective January 2024, Government bonds will be issued at par in the primary market for all new issuances.
Full Notice:
#BoZ
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A Bank shall not charge any fee based on the number of
transactions on a customer’s account, known as transaction fee, activity fee, turnover fee, or any other term such charges may be referred to as. Explanatory notes on prohibited charges in full:
#BoZ
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The Bank invites applications for the following positions: Internal Auditor (1 post, BoZM5) Manager - Security Ops (1 post, BoZM6), Manager - Electronic Security (1 post, BoZM6), Operations Officer (7 posts, BoZU3). Apply on this link by 31st May, 2023:
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The Policy Rate has been adjusted upwards by 50 basis points to 9.0%. Governor, Dr. Denny H. Kalyalya, is currently delivering the statement. Follow the press briefing live here:
#MPCDecision
#BoZ
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The Bank of Zambia congratulates Hon. Bwalya Kanyanta Emmanuel Ng'andu, former Deputy Governor - Operations, on his nomination as Member of Parliament and appointment as Minister of Finance.
#BoZ
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Governor, Dr. Denny H. Kalyalya will launch the Go Cashless campaign today at 12:00hrs on our Facebook page. We invite you to watch and to participate.
#BoZ
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Governor, Dr Denny Kalyalya speaking on a panel titled “Building Resilience: Accelerating Financial Inclusion through Digitalisation” in Washington D.C.
#BoZ
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The Bank of Zambia invites high school students in Grades 8-12 from across the country to take part in an Essay Writing Contest under the topic ‘How can Digital Financial Services help Zambia develop?’
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Q: What is the difference between a Treasury bill and a Government bond?
A: Government securities are debt instruments issued by the Government of the Republic of Zambia through the Bank of Zambia in form of Treasury bills and Government bonds.
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The Monetary Policy Rate has been raised by 150 basis points to 12.5%. This was decided by the Monetary Policy Committee at its Meeting held from February 12-13, 2024.
#MPCDecision
#BoZ
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The Monetary Policy Rate has been raised by 50 basis points to 10.0%. This decision was arrived at by the Monetary Policy Committee at its Meeting held on August 21 - 22, 2023.
#MPCDecision
#BoZ
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The Bank of Zambia (BoZ) and the Bank of Tanzania (BoT) are conducting joint currency sensitisation sessions at the Nakonde/Tunduma Border. This is part of the ongoing implementation of the BoZ and BoT MoU on currency convertibility and repatriation.
#BoZ
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Press Statement on cash withdrawal allegations: The Bank of Zambia does not hold accounts for individuals. Members of the public cannot access cash directly from the Bank. Full Statement:
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The Bank of Zambia invites applications from suitably qualified individuals for the position of Nurse (BoZN4). Apply by 26th September, 2023:
#BoZ
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Notice: The Monetary Policy Committee is holding its quarterly meeting on February 13 - 14, 2023. This will be followed by the Announcement and Press Briefing in the Bank's Auditorium on February 15, 2023. Press Briefing attendance is strictly by accreditation.
#BoZ
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The Bank of Zambia invites suitably qualified individuals for the position of Assistant Manager - Human Resource Operations (BoZM5). Apply by December 26, 2022:
#BoZ
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The Bank of Zambia invites applications from suitably qualified individuals for the following positions based in Lusaka: Examiner (6 posts, BoZM5), Examiner - ICT (1 post, BoZM5) and Young Professional - ICT (5 posts, BoZC4) Apply by April 18, 2023.
#BoZ
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Visit the Bank of Zambia website and learn more about Government securities:
You may also listen to this recording of our Twitter Space:
#BoZ
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Government securities are debt instruments issued by the Government through the Bank of Zambia. These debt instruments are in the form of Treasury bills and Government bonds. Learn more about investing in Government securities:
#BoZ
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The Bank of Zambia welcomes the initiative of village banking. Village banking groups are an important vehicle for saving and increasing financial inclusion.
#BoZ
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Public Notice: Join us for an update on Investrust Bank Plc (In Possession) tomorrow, April 11, at 10:00hrs.
#BoZ
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The Policy Rate has been adjusted upwards by 50 basis points to 8.50%. This decision was arrived at by the Monetary Policy Committee at its meeting held on February 15 - 16, 2021. The Governor, Mr. Christopher Mvunga, is currently delivering the statement.
#MPCDecision
#BoZ
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The Monetary Policy Rate has been raised by 25 basis points to 9.50% from 9.25 %. This decision was arrived at by the Monetary Policy Committee held on May 15 -16, 2023. Governor, Dr. Denny Kalyalya is currently delivering the Statement.
#MPCDecision
#BoZ
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The Bank of Zambia has continued issuing into circulation banknotes that have been upgraded with new security features.
The existing banknotes will not be withdrawn until the end of their circulation life.
#BoZ
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The Bank of Zambia wishes to congratulate Hon. Situmbeko Musokotwane on his appointment as Minister of Finance.
#BoZ
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A media briefing on Investrust Bank Plc (In Possession) is currently underway at the Bank of Zambia Head Office.
#BoZ
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Join our discussion on Financial Literacy - Loans on Wednesday, March 27, at 10:00 hrs. We look forward to interacting with you.
#BoZ
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Saving involves putting money away for a future need in a low-to-no risk account, while investing generally involves money that you are trying to grow over the longer term.
#BoZ
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The Policy Rate has been lowered by a further 125 basis points to 8.0%. The decision was arrived at by the Monetary Policy Committee at its quarterly meeting held on August 17 - 18, 2020. Governor, Dr. Denny Kalyalya, is currently delivering the Statement.
#MPCDecision
#BoZ
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Public Notice: The Bank of Zambia has completed the process of consolidating claims for investors in Destiny Helpers International (DHI) and payments shall commence on June 1, 2023 via mobile money. The total claim amount is K17,877,245.00 from 4,893 claimants. [Cont]
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The Bank of Zambia invites applications from suitably qualified individuals for the following positions: Senior Accountant - Payroll (1 position), Senior Economist (4 positions), Senior Researcher - Prices (1 position) Apply by 10 Feb, 2020.
#BoZ
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Governor, Dr. Denny Kalyalya, has just concluded a meeting with World Bank Regional Vice President for Eastern and Southern Africa, Dr. Victoria Kwakwa and her delegation. Also present in the meeting were the Deputy Governors and other
#BoZ
staff.
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The Bank of Zambia invites applications for the following positions: Assistant Director - Shared Services and Employee Relations (BOZM7), Senior Analyst - ICT (BOZM6) and Assistant Manager - Human Resources (BOZM5): Apply by 8th April, 2019.
#BoZ
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We wish to congratulate our Board Member, Mr. Shebo Nalishebo, on his appointment as an Alternate Executive Director for the African Development Bank Group 1 Constituency.
#BoZ
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The Policy Rate has been raised by 50 basis points to 10.25%. This decision was arrived at by the Monetary Policy Committee at its meeting held on 20th - 21st May, 2019. The Governor, Dr. Denny H. Kalyalya, is currently delivering the statement.
#BoZ
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The Bank of Zambia has this morning launched the inaugural Monetary Policy Report (MPR) in line with the new BoZ Act, 2022.
Governor’s Keynote Address:
Monetary Policy Report:
#BoZ
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Minister of Finance, Dr. Situmbeko Musokotwane, this afternoon visited the Bank of Zambia Pavilion at the ongoing Agricultural and Commercial Show in Lusaka. He was welcomed by Director - Banking and Currency, Mr. Lazarous Kamanga, and AD - Communications, Ms. Besnat Mwanza.
#BoZ
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Notice: The Monetary Policy Committee is holding its quarterly meeting on August 30 - 31, 2021. This will be followed by the Announcement and Press Briefing on September 1, 2021. The Press Briefing is strictly by accreditation. Full notice:
#BoZ
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The Bank of Zambia (BoZ) and the Bank of Tanzania (BoT) have in place a Memorandum of Understanding (MoU) which allows the two countries to accept each other’s currencies along the border between Tanzania and Zambia.
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Governor, Dr. Denny Kalyalya, this afternoon welcomed President Hakainde Hichilema to the Bank of Zambia pavilion at the ongoing Zambia International Trade Fair in Ndola.
#BoZ
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International Monetary Fund (IMF) Executive Director, Mr. Willie Nakunyada, this afternoon paid a courtesy call on Governor, Dr. Denny Kalyalya. This is ahead of IMF Managing Director, Ms. Kristalina Georgieva’s upcoming visit to Zambia.
#BoZ
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Watch the Monetary Policy Committee Announcement and Press Briefing today, May 18, at 11:00hrs on ZNBC TV, Diamond TV and Bank of Zambia Facebook page.
#BoZ
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The Bank of Zambia invites applications from suitably qualified individuals for fifteen (15) positions Apply by 25th February, 2020.
#BoZ
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Notice: The Monetary Policy Committee is holding its quarterly meeting from February 12 - 13, 2024. This will be followed by the Announcement and Press Briefing on February 14, 2024. The Press Briefing is strictly by accreditation. Full Notice:
#BoZ
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Employment Opportunity: The Bank of Zambia invites applications from suitably qualified individuals for the attached positions. Apply by May 2, 2024. Please note that the Bank only accepts applications submitted through its portal:
#BoZ
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Public Notice: The Registrar of Financial Service Providers has cancelled operating licences of Esna Bureau de Change Limited, Big Deal Bureau de Change Limited and Easy Cash Financial Services Limited with effect from March 23, 2023.
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An investment option that promises high returns that are too good to be true is usually a first sign that it may be fraud. Ensure that you only deal with licensed financial service providers.
#BoZ
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Governor, Dr. Denny Kalyalya, today led a delegation of senior members of staff in paying their respects to the family of the late former Minister of Finance, Hon. Alexander B. Chikwanda.
#BoZ
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The Bank of Zambia has this morning signed a Gold Purchase Agreement with Kansanshi Mining PLC, a subsidiary of First Quantum Minerals. Governor, Mr Christopher Mvunga, signed the agreement on behalf of the Bank.
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Deputy Governor - Administration, Ms. Rekha C. Mhango, yesterday officially launched the Standard Chartered Bank Agency Banking service. Ms. Mhango said the service would enhance convenience for people wishing to access banking services. Full speech:
#BoZ
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The Policy Rate has been maintained at 9.75%. This decision was arrived at by the Monetary Policy Committee at its meeting held on 18-19th February, 2019. Governor, Dr. Denny H. Kalyalya is currently delivering the statement.
#BoZ
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The Policy Rate has been maintained at 11.50%. This decision was arrived at by the Monetary Policy Committee at its Meeting held on February 17-18, 2020. The Governor, Dr. Denny H. Kalyalya, is currently delivering the statement.
#MPCDecision
#BoZ
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The Bank of Zambia wishes to warn members of the public to be wary of a company trading as Mineral Pay. Full Statement:
#BoZ
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Governor, Dr. Denny Kalyalya, has assumed the Chairmanship of the Association of African Central Banks (AACB). He thanked all previous Chairpersons, and pledged commitment to the Statutes of AACB during the Bank of Zambia’s tenure. More Pictures:
#BoZ
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Scam Alert: Members of the public are urged to be wary of a purported recruitment exercise by the Bank of Zambia. This is the work of unscrupulous parties. The Bank only uses one recruitment portal accessible on
#BoZ
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Governor and Champion for Financial Education in Zambia, Dr. Denny Kalyalya, currently speaking at the national launch of the 2022 Financial Literacy Week.
#FLW2022
#FLWZambia
#FLW10
#GMW2022
#BoZ
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We join the rest of the World in commemorating this International Women’s Month.
#BalanceforBetter
#BoZ
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The Bank of Zambia invites applications from suitably qualified individuals for the following positions: Senior Economist (x2,BoZM6);Performance Management Specialist (BoZM6); Software Engineer (BoZM5);Procurement Officer (BoZU4); Driver (BoZU2)
#BoZ
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The Bank of Zambia together with the Zambia Development Agency, Zambia Statistics Agency and other collaborating institutions have released the results of the 2020 Survey On Foreign Private Investment and Investor Perceptions in Zambia.
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Employment Opportunity: The Bank of Zambia invites applications from suitably qualified individuals for the Young Professionals Development Programme (5 positions) – Economics: Apply by Mon 29th April, 2019.
#BoZ
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The Policy Rate has been raised by 125 basis points to 11.50%. This decision was arrived at by the Monetary Policy Committee at its Meeting held on November 18 - 19, 2019. The Governor, Dr. Denny H. Kalyalya is currently delivering the statement.
#BoZ
#MPCDecision
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Notice: The Bank of Zambia will continue to supervise the financial sector as well as print and issue currency of the Republic of Zambia through enabling provisions in the Bank of Zambia Act. Full Statement:
#BoZ
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The persistent depreciation of the Kwacha against major currencies as well as elevated food (maize and maize products) and energy (fuel) prices continued to push inflation up in the fourth quarter of 2023.
#MPCDecision
#BoZ
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Notice is hereby given to Investrust Bank Plc (In Possession) depositors that the deadline for the initial payment has been extended to 17th May, 2024.
#BoZ
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The Bank of Zambia signed a Partnership Memorandum of Understanding with Zambia Federation of Associations of Women in Business -ZAFAWIB, to promote women’s access to financial services. Deputy Governor – Administration, Ms. Rekha Mhango, signed on behalf of the Bank.
#BoZ
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Governor, Dr. Denny Kalyalya, and Deputy Governor - Operations, Dr. Francis Chipimo, visited some financial sector institutions at the ongoing Agricultural and Commercial Show. More pictures:
#BoZ
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Notice: The Bank of Zambia has put in place a set of comprehensive measures to safeguard financial system stability, promote digital financial services and mitigate the negative effects of the COVID-19 pandemic on the economy. See full statement:
#BoZ
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The Bank of Zambia and the Bank of Tanzania this morning signed a Memorandum of Understanding on currency convertibility and repatriation. The ceremony took place at
#BoZ
in Lusaka. The MoU was signed by Governors Dr. Denny Kalyalya of Zambia and Prof. Florens Luoga of Tanzania.
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