Hoarding of coins worries BoZ
Published On August 18, 2021 » 1099 Views» By Times Reporter » Business, Stories
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. Bank of Zambia

By CHATULA KANGALI-
THE Bank of Zambia (BoZ) has urged members of the public to utilise digital platforms when making payments to reduce on hoarding coins. The Central Bank is worried about the hoarding of low denomination coins like five and 10 ngwees by members of the public. BoZ head of corporate affairs Besnart Mwanza encouraged customers to use digital platforms when making payments to avoid leaving change.

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