BANK of Zambia Governor Dr Denny Kalyalya says one of the major reasons why the Central Bank has decided to introduce new notes is the challenges it is having to keep inflation down. And Dr Kalyalya says the introduction of new notes has nothing to do with the 2026 general elections. Speaking on ZNBC’s Sunday Interview, Dr Kalyalya said the Central Bank had decided to introduce K500 and K200 notes because the K100 had lost so much value against the dollar. “One [reason for the introduction of new notes], I already indicated that our highest denomination was becoming more transactional rather than a store value and then the lower denominations also were becoming problematic, the K2 note and the K5...
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