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Finance
96 posts
About Zambia’s financial sector.
Bank of Zambia Maintains Policy Rate at 14.5% as Inflation Declines to 13.0%
The Bank of Zambia maintained its policy rate at 14.5% during the August 2025 Monetary Policy Committee meeting. Inflation declined to 13.0% in July, driven by improved maize supply, lower fuel prices, and the appreciating Kwacha. Inflation is projected to reach the 6-8% target band by the first quarter of 2026, supported by currency strength, lower food and energy costs, and ongoing monetary and fiscal measures.
LuSE Named Securities Exchange of the Year 2025 by Pan Finance Awards
The Lusaka Securities Exchange (LuSE) has been named Securities Exchange of the Year 2025 and Most Innovative Multi-Asset Trading Platform by Pan Finance, following its strong market performance, green bond listings, and educational initiatives.
Zambia Fintech Summit 2025 to Be Held in Lusaka on March 24-26
The Zambia Fintech Summit 2025, part of Zambia Digital Week, will be held in Lusaka from March 24-26, focusing on fintech innovation, financial inclusion, and digital transformation.
Bank of Zambia Takes Over Development Bank of Zambia and Betternow Finance Company
The Central Bank of Zambia (BoZ) has informed the public that it has taken possession of two financial…
UK Provides USD 50 Million To Zambian Micro-SMEs Via Local Bank
British International Investment (BII), the UK’s development finance institution and impact investor, has provided a USD 50 million…
Zambia Central Bank Increase Interest Rate to 8.5% in February 2021
On February 15-16 2021, the Monetary Policy Committee (MPG) of the Bank of Zambia (BoZ) decided to adjust…
Paypal’s Money Transfer Service Start in Zambia
Xoom, PayPal’s money transfer service, announced that its customers can now send money transfers directly to mobile wallets…
Zambia Central Bank Reduces Interest Rate to 14% in February 2017
On 22nd February 2017 the Bank of Zambia (BoZ) reduced the Policy Rate from 15.5% to 14%, the…
Zambia Secure USD50m for SMEs
The African Development Bank (AfDB) has approved a USD50m line of credit to the Development Bank of Zambia…
Copper Prices Key to Zambia Currency Strength, WB Say
Global copper prices are of key importance to the strength of the Zambian currency, the World Bank (WB)…