BOZ warning to dubious firms timely – Analyst
Published On June 6, 2024 » 320 Views» By Times Reporter » Business, Stories
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By KETRA KALUNGA –
Economic analyst Partner Siabutuba says the Bank of Zambia (BoZ) caution to fraudulent financial institutions engaged in illegal financial services is timely because the increasing trend has a ripple effect of the flow of money in the financial market.
Mr Siabutuba said these fraudulent financial institutions were getting money from the financial market and keeping it in places where it was not deployed into the main financial activities in the country.

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