ECONOMIST Trevor Hambayi says the K1 billion government support to offset Investrust Bank PLC deposits doesn’t seem to be enough and he expected the state to offer more so that people could get their full payments. On Thursday, the Bank of Zambia (BOZ) disclosed that its estimates at the point of takeover showed that the insolvency level of Investrust was in the order of K850 million, revealing that government would offer a K1 billion support as a buffer. BOZ also disclosed that it planned to make the first payment to former Investrust customers on April 26, 2024. But commenting on this in an interview, Friday, Hambayi said while this pronouncement was positive, K1 billion didn’t seem like a lot of...

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