Bank of Zambia
Monetary policy, the policy rate and the central bank.
12 stories
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Business
Bank of Zambia Remains Sole Authorised Gold Buyer
The government says the Bank of Zambia remains the country’s sole authorised buyer of gold,...
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Business
Former Investrust Staff In Court as Bank of Zambia Defends Liquidation Process
FORMER employees of Investrust Bank Plc [In Liquidation] have dragged the Bank of Zambia to Court over unpaid benefits, as the Central Bank insists all claims will be handled according to law. In an update, BOZ through Assistant Director – Communications Besnat Mwanza said it…
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Politics
Bank of Zambia Remains Sole Authorised Gold Buyer
The government says the Bank of Zambia remains the country’s sole authorised buyer of gold, as authorities move to tighten regulation of the gold trading sector. Ministry of Mines and Minerals Development Permanent Secretary Hapenga Kabeta says gold purchasing and processing arrangements…
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Business
Bank of Zambia Remains Sole Authorised Gold Buyer
The government says the Bank of Zambia remains the country’s sole authorised buyer of gold, as authorities move to tighten regulation of the gold trading sector. Ministry of Mines and Minerals Development Permanent Secretary Hapenga Kabeta says gold purchasing and processing arrangements are expected to…
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Business
BoZ explains delays in Investrust payouts
THE Bank of Zambia (BoZ) says the liquidation of Investrust Bank Plc is being conducted in line with the law, insisting that no creditor or former employee will receive preferential treatment as the central bank works to maximise recoveries from the failed…
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Business
BoZ opens Govt securities market to all investors
THE Bank of Zambia (BoZ) has clarified that all individuals, businesses, institutions and foreign investors are eligible to invest in Government securities, provided they meet basic account registration requirements. In its “Investing in Government Securities: Frequently Asked Questions” guide, the central bank…
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Business
What Are Foreign Exchange (Forex) Reserves? By Prof Lubinda Haabazoka
Foreign exchange reserves are the **savings a country keeps in foreign currencies and other internationally accepted assets**. They are usually held by a country’s central bank, such as the Bank of Zambia. Think of forex reserves as a **national emergency fund**. Just as a family…
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Business
Treasury bill auction under subscribed, as K1.73 billion subscribed against securities worth K2.2 billion
Last week’s Treasury bill auction was under-subscribed after the government attracted bids worth K1.73 billion against securities worth K2.2 billion offered to investors. According to Bank of Zambia (BoZ) results for Treasury Bill Tender Number 16/2026 held on Thursday, August 20, 2026, the central bank…
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Business
Foreign Exchange Reserves and Their Importance for a Country: The Case of Zambia
Analysis By Professor Lubinda Haabazoka Foreign exchange reserves (often called forex reserves) are one of the most important indicators of a country’s financial strength and external stability. They represent the stock of foreign currency assets held by a country’s central bank to support its currency…
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Business
Watch: Inside ZESCO’s Kariba Control Room During Peak Load-Shedding
Our cameras gained rare access to Kariba North Bank's control room as engineers managed Zambia's worst power deficit in years. See how water levels dictate daily schedules affecting millions of households nationwide.
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Sport
2026 Kenneth Kaunda Day Marathon gets over K3 million boost from sponsors
THE 2026 Kenneth Kaunda Day Marathon has received a major boost, with Professional Insurance Corporation Zambia (PICZ) and Stanbic Bank committing a combined total of over K3 million in separate sponsorships for the event. On April 28, thousands of runners are expected to gather in…
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Business
BoZ Cuts Reserve Requirements: What Does This Mean for You? By Prof. Lubinda Haabazoka
The Bank of Zambia (BoZ) has reduced the Statutory Reserve Ratio (SRR) on Kwacha deposits from 26% to 21%, effective 3 August 2026. At first glance, this sounds like technical banking language, but it is actually one of the most important monetary policy decisions made…
