ECONOMIST Trevor Hambayi says the Bank of Zambia (BoZ) is only postponing the challenges of high cost of living in the country by increasing the minimum Statutory Reserve Ratio. On Monday, BoZ announced that the minimum Statutory Reserve Ratio will be increased by three percentage points to 14.5 percent from 11.5 percent with effect from Monday, November 13. Commenting in an interview, Hambayi said it was unfortunate that the Central Bank had continued to limit liquidity on the market. “Firstly, I find it unfortunate that the Central Bank has continued its strategy of having to limit liquidity on the market to be able to deal with the economic challenges the country is facing. The first issue around what they are...