By NATION REPORTER
THE Private Sector Development Association has questioned utilisation of the US$7.7 billion processed through local commercial banks last year using the Export Proceeds Tracking Framework, wondering why the Kwacha has kept on deteriorating.
The Bank of Zambia (BoZ) last week announced that it had recorded export proceeds amounting to US$11.2 billion through its Electronic Balance of Payment (e-BoP) monitoring system as of December 2024.
Of the total export earnings, the BoZ noted that US$7.7 billion was processed through CLICK HERE TO READ MORE
