Important Update: Minister Musokotwane Reinforces No Foreign Exchange Controls in Zambia

Friday, 12 July 2024, 04:24

In a recent statement, Minister Musokotwane reassured the public about the absence of foreign exchange controls in Zambia, emphasizing continued stability. This announcement aims to provide clarity and confidence to investors and businesses operating in the country. The assurance from the minister is likely to positively impact the economic sentiment and foreign investment in Zambia.
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Important Update: Minister Musokotwane Reinforces No Foreign Exchange Controls in Zambia

Minister Musokotwane's Reassurance

In a significant declaration, Minister Musokotwane reiterated the commitment to maintain a free foreign exchange regime in Zambia, fostering trust and transparency.

Stability for Investors

The assurance of no foreign exchange controls offers stability for investors and businesses, encouraging sustained economic growth and development.

Positive Economic Impact

This announcement is expected to bolster confidence in the Zambian economy and attract foreign investment, supporting increased market activities in the country.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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