Kwacha use regulations: BoZ consulting
Published On August 16, 2024 » 367 Views» By Times Reporter » Business, Stories
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. Kalyalya

By KETRA KALUNGA –
THE Bank is Zambia (BoZ) is soon expected to conclude consultations with stakeholders on the regulation of the use of the Kwacha and Ngwee as the sole legal tender in domestic transactions in the country.
BoZ Governor Denny Kalyalya said the bank have been engaging stakeholders to get their views on how to implement the local currency regulations.
Dr Kalyalya said a number of stakeholders have so far been engaged in Lusaka and the central bank would soon conduct consultation meetings in other places.
He said contrary to a misbelief that the bank has already implemented the currency regulation it was still engaging stakeholders to come up with the best guideline.

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