The President of the Association of Bureau De Change, Paul Kalumba, has noted that the Bank of Zambia directive requiring all domestic transactions to be conducted in Zambian Kwacha and Ngwee has negatively affected bureau de change businesses.
The directive, which was issued on 26 December 2025, mandates that all local transactions be settled in the local currency.
Speaking in an interview with Zambian Business Timess-ZBT, Kalumba said the policy has significantly reduced demand for r foreign currency……Read the details on this week’s ZBT publication.Get your copy via link https://zambianbusinesstimes.com/subscribe_to_zambian…/
