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Central Bank of Zambia – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Sat, 06 Jul 2024 04:26:39 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Central Bank of Zambia – DIGIT INFO https://www.digit.info 32 32 Zambia to Outlaw Use of Foreign Currency, Criminals Could Face Jail Time for up to 10 Years https://www.digit.info/zambia-to-outlaw-use-of-foreign-currency-criminals-could-face-jail-time-for-up-to-10-years/ Sat, 06 Jul 2024 04:26:39 +0000 https://www.digit.info/2024/07/06/zambia-to-outlaw-use-of-foreign-currency-criminals-could-face-jail-time-for-up-to-10-years/ Read more]]> Zambia to Outlaw Use of Foreign Currency, Criminals Could Face Jailtime for up to 10 YearsThe Bank of Zambia has proposed a new series of guidelines that seek to outlaw the use of foreign currency, including the U.S. dollar, for local transactions. If finally approved, the document would establish harsh penalties for infringement, including jail time for up to ten years and hefty fines. Zambia to Punish Illegal Use of […]

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