BANKERS Association of Zambia (BAZ) chief executive officer Leonard Mwanza has called on individuals holding on to cash outside the banking system to deposit the money in order to help boost the volume of cash in circulation. On Saturday, the Bank of Zambia said there was an unprecedented rise in the demand for cash countrywide during the past few months which had led to the shortage of banknotes and coins. And speaking on the Hot Fm Breakfast show, Monday, Mwanza noted that there was a low volume of cash in...

To continue reading this premium content, login to your account or Subscribe to our ePaper using the buttons below.
Log In Subscribe