By Tyndale Muchiya
The Bank of Zambia (BoZ) has announced a substantial increase in its gold purchases for the third quarter of 2025, with acquisitions soaring to $21.5 million, an approximate 160% rise compared to previous quarters, which averaged around $8 million.
This comes shortly after a revelation by ZBT indicating that the Bank of Zambia’s (BoZ) gold purchases had stagnated, with quarterly purchases averaging around $8 million, despite a significant increase in national gold production.
Speaking at the third quarter media briefing, BoZ Governor Dr. Denny Kalyalya, however, revealed that the central bank purchased.. ……….Read the details in the weekly ZBT edition. Get copy via link https://zambianbusinesstimes.com/subscribe_to_zambian…/
