By BUUMBA CHIMBULU
THE Bank of Zambia (BoZ) has explained that the value of the country’s highest denomination note, the K100, has lost value over time, hence the introduction of the K500 and K200 bills.
The central bank has also indicated that the new K500 and K50 bank notes may not immediately be available after the rolling out process.
BoZ Governor, Denny Kalyalya explained that the K100 was meant to be used as a store of value bank note and not for transactions CLICK HERE TO READ MORE