NEW CURRENCY TO HIT THE MARKET AS GOVERNMENT ORDERS BOZ TO PRINT DIFFERENT KWACHA NOTES
submitted 10 months ago by FlawlessGift
submitted 10 months ago by FlawlessGift
- The Bank of Zambia has printed a new currency and will be phasing out the current notes in the early part of this year, with the President ordering the change due to suspicions of hoarding by the former regime.
- Financial experts caution that changing the currency may not solve the issue of people holding onto old notes, and there are concerns about lack of public awareness and potential complexities in the process.
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