BANK of Zambia Governor Denny Kalyalya says the Central Bank is not seeking a full-scale de-dollarisation, but wants to minimise the use of the dollar as a medium of exchange in the country. Dr Kalyalya has insisted that the function of the dollar as a store of value will remain. Speaking during the 2024 Mid-Year Budget Economic Review, Wednesday, Dr Kalyalya explained that the Kwacha/Ngwee was the sole legal tender in the country, and the Central Bank was only trying to implement that law, hence the de-dollarisation agenda. “There is this current debate which is going on on the draft currency regulations that we are proposing to introduce. It looks like we are really not accustomed to consultations because it...