(Bloomberg) -- Wednesday’s Bank of Zambia interest-rate increase has barely slowed the kwacha’s slide, with the currency sinking to a fresh record low against the dollar. The kwacha extended its ...

Zambia’s central bank is still consulting over plans to curb the use of foreign currency in domestic transactions, with Governor Denny Kalyalya calling out a “frenzy” of critics publicly questioning ...

By Chris Mfula LUSAKA, May 13 (Reuters) - Zambia's central bank lowered its main interest rate on Wednesday, saying it saw inflation staying within its target range despite risks associated with the ...

LUSAKA, May 13 (Reuters) - Zambia's central bank lowered its benchmark lending rate by 25 basis points to 13.25% in a decision announced on Wednesday. Economists polled by Reuters had predicted that ...

Policymakers also revealed favourable weather conditions, stronger copper prices, and improving macroeconomic stability as key positive drivers for Zambia’s economy.

Zambia’s central bank aims to raise about 8.9 billion kwacha ($378 million) by asking banks to sell dollars and use the proceeds to buy local-currency bonds as it seeks to secure funds to pay ...

Zambia, in common with several neighboring countries, is exploring a potential central bank digital currency (CBDC) and expects to complete its research later this year, according to a Bloomberg ...

In a development signalling Africa’s accelerating transition toward a unified digital financial ecosystem, the Bank of Zambia (BoZ) has officially authenticated the AKL Lumi endorsement letter issued ...

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