FORMER Bank of Zambia Governor Christopher Mvunga says there is nothing new about signing legislation that will protect the Central Bank Governor and his deputies from being fired without valid reasons, arguing that PF was also moving that direction before being voted out. Recently, President Hakainde Hichilema signed into law a new legislation that will protect the Central Bank Governor and his deputies from being fired without valid reasons. Explaining the move in a Facebook post, Monday, Lusaka lawyer Dickson Jere said the new law – Bank of Zambia (BOZ) Act No. 5 of 2022 – would require the President to setup a three-man tribunal headed by Judge or former Judge to probe any allegations levelled against the Bank of…...

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