What the Bank of Zambia Policy Rate Means for Your Loan
The policy rate is 13.25% but the average lending rate is near 28%. Why the gap exists, what actually moves your repayment, and the three questions to ask your bank.
Tag: monetary policy
Why a Strong Kwacha Is Not Always Good News for Zambia
The kwacha is up 20% this year. It cuts import costs and inflation - but squeezes exporters, tourism and the government revenue base. Who wins, who pays, and why.