ECONOMIST Lubinda Habaazoka says the Bank of Zambia will likely maintain the current Monetary Policy Rate at 13.5 per cent for the remaining quarter of 2024. In an interview, Monday, Habaazoka said the Central Bank would not want to jeopardise or further squeeze out liquidity from the economy, hence the chances of maintaining the MPR being high. “When you look at the high cost of capital now and their interest rates, but still with pressures in terms of the value of the Zambian Kwacha, I think the Central Bank will maintain the Monetary Policy Rate. I don’t think they want to jeopardise or further squeeze out liquidity from the economy. So, I think the Bank of Zambia will maintain the...

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