Retailers and other business operators across the country have raised concerns that the circulation of higher-value notes such as the K500 and K200 is creating difficulties in giving customers adequate change. The Bank of Zambia (BoZ) launched the new heritage currency family on March 31, 2025, introducing six banknotes and six coins aimed at modernizing the monetary system and May 14, 2026, the Central Bank announced that it had successfully collected 97 percent of the old currency, with only 3 percent remaining unwithdrawn and now officially demonetized. However, stakeholders have questioned whether there is sufficient circulation of lower denominations such...
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