119443 ZMW. Through the years, the Zambian kwacha suffered high rates of inflation and forced the Bank of Zambia to establish high-value denominations in 2003, which includes 20,000 and 50,000 kwacha bills to help facilitate transactions. Mvunga Governor. Levels of formal financial inclusion gradually increased from 23 percent of Zambian adults in 2009, to 38 percent in 2015. SAVE PLUS ACCOUNT. 00%. FIRNZMLXXXX. 3 million) originated from Citigroup for accounts housed within the Zambian subsidiary of South African Standard Bank Group, Stanbic Bank Zambia. A series of meetings was held in Lusaka between the World Bank team and the Ministry staff, resulting in the outline of a strategy and next steps. 0 GDP, current US$ billion 29. To cushion such shocks, the Bank of Zambia introduced a 4. 00 K300. Download IZB Corporate Banking and enjoy it on your iPhone, iPad and iPod touch. RM CXKM9P – Zambian banknotes. 00 K110. The 2016 Zambia Banking Industry Survey: Adapt to Thrive is the culmination of several months’ interaction with leaders in the banking sector as well as research into the issues that have come to the fore in recent times. Through the years, the Zambian kwacha suffered high rates of inflation and forced the Bank of Zambia to establish high-value denominations in 2003, which includes 20,000 and 50,000 kwacha bills to help facilitate transactions. 5 ZMW 0. SIMILAR CONTENT. Zambia’s central bank was established in 1964, taking over the functions of the Bank of Northern Rhodesia. ZMW ZAR. P. BP Zambia Pie v Expendito Chipasha & 235 Others, SCZ Appeal No. #Kula. 7962. Exclusively designed savings account to inculcate savings habits in parents and guardians for their children. Zambia's annual inflation rate dropped to a near 3-1/2-year low of 9. It usually looks like a shortened version of that bank's name. Manage your account conveniently through the Internet. 5% with effect from. Zambian Name Meaning. July 1, 2021. Ecobank Zambia. 4% in January, but remains persistently above the bank's 6%-8% target range. ZNBS is wholly owned by the Zambian Government and is the largest building Society in Zambia. Francis. For project-related issues and complaints. App, online and other banking. Zambia’s struggling economy has been given a boost through a $1. 00. Send money with Wise Receive money with Wise. 1% to K196bn. Carr v Allen Bradley Electronics Limited. The Zambian kwacha derives its name. A high-level Zambian delegation led by Finance and National Planning Minister Dr Situmbeko Musokotwane has arrived in Washington DC, United States of America, for the 2023 Spring Meetings of the. S. Terms and conditions apply. Find out how to send money at the best rate and for free and transfer money online to a bank account, mobile wallet, card The bank opened its door to the public on 1st August 2018 and provides a full suit of banking products for MSMEs, Corporate and Retail customers. Zambian exports in 2006. Ecobank Zambia is a full-service bank. Commemorates the day that Jesus Christ's. ZAR. As of February 2018, the World Bank committed $1. We are a proudly Zambian Bank, maintaining our position as one of Zambia’s leading and innovative banks since 1969. 00 K25. Ecobank Zambia Limited. Subsequently, Currency division is responsible for the designing and ordering of banknotes and coins to meet the country' s demand. This marks the fourth consecutive. Between 2002 and 2008 the value of Zambia’s mineral exports grew 500%, from $670m to $4bn, but. This economy profile presents indicators for Zambia for. View Account Balances Monitor cleared transactions, forex rates inquiry vew, print and store electronic copies of your statements. 7 percent of GDP in 2020 to. 76. 24 billion of IDA and IBRD support, of which the largest amount—18 percent—was to the agriculture sector. 50 ZMW 2. 5668: 23. Moreover, less than 8% of Zambia’s adult population had a bank account in 2005. As a local financial institution we understand the Zambian culture and. You are here. ID Bank or Institution City Branch Swift Code; 1: AB BANK ZAMBIA LTD. Currency Management. The period of circulation for this coin was brief as inflation rates skyrocketed. Development Bank of Zambia | 3,916 followers on LinkedIn. You can Sign Up at Payoneer from here. Indo Zambia Bank was formed on 19th October, 1984 by the Government of the Republic of Zambia and the Government of India out of the desire to promote banking facilities to support the economic development of Zambia Zambia National Commercial Bank Plc (ZANACO) was established in 1969 to serve the financial needs of the Zambian economy and it has since evolved into a leading Bank nationwide. Bank code A-Z 4 letters representing the bank. However, the average interest rate on loans in Zambia is 27. 22. Other common features include the coat of arms, the signature of the Governor of the Bank of Zambia, and the face value of the sum of the note. 8 Lower middle-income poverty rate ($3. Zambia - Foreign Exchange Controls. Registering made easy. Both exchanges are considered to be beginner-friendly and offer multiple deposit methods and a variety of cryptocurrencies. The report shows that that digital financial services in Zambia have increased significantly since 2016, laying the. Zambia Lifts Key Interest Rate to 9. 06-Dec-2022 CCC Affirmed Long Term Rating Rating History. 353706 ZMW. The Zambian banking sector was until two decades ago controlled by the gover nment, and was characterised by repression, strict regulatio n of credit, interest rates and exchange flows (Simpasa. Its not easy to tell the best bank in Zambia. 18. British International Investment partners with Access Bank Plc to extend US$60 million trade finance facility across five African countries Regulators Approve Merger Between Access Bank Zambia Limited and African Corporation Zambia Limited Access Bank Zambia Limited hands over Adopted BO3 University Teaching Hospital Maternity. Select receipt currency - the recipient can receive money in Zambia in ZMW, USD, EUR. 1:44. This new initiative is the first of its kind on the Zambian market and will allow Stanbic Bank customers to access instant pre-approvedFNB Zambia is a subsidiary of FNB South Africa, a wholly owned division of FirstRand Bank Limited which is listed on the Johannesburg Stock Exchange, and provides personal, commercial & corporate. When buying US dollars or Zambian kwachas money transfer specialists typically offer better rates and cheaper fees than a local bank. 2 In the Zambian banking industry, changes to institutional and regulatory policy framework significantly shaped the financial landscape and impacted greatly on banks‟ profitability, cost structure and efficiency. Last modified on Thu 21 Sep 2023 07. The World Bank Group’s Managing Director and Chief Financial Officer (MDCFO), Anshula Kant, commended Zambia on a strong reform program to restore macroeconomic stability and promote a private sector-led economic recovery from the COVID-19 crisis. Historically, surnames evolved as a way to sort people into groups - by occupation, place of origin, clan affiliation, patronage, parentage, adoption,. Holidays today, tomorrow, and upcoming holidays in Zambia, including types like federal, national, statutory, and public holidays. The banking sector has an important role to play in Zambia’s economy. The banking sector has an important role to play in Zambia’s economy. 3900: 23. Create an account with an exchange. Management can be efficient in one bank, at the some time quick in another. v Martin Musonda and Others CCZ Selected Judgment No. Banks are shifting away from expensive branches and to mobile. By Amb. 10 USD 233. The Currency Structure of 1973-1974Nkongolo Farm Limited vs Zambia National Commercial Bank and others (2007) Z. 11. Bank transfer. Bank Area Branch Zambia National Commercial Plc 01. Kenya's shilling is expected to extend its gradual march lower as foreign-currency demand ramps up from all sectors before the end of the year. Kitwe 26 02 12. The credit released today is part of the World Bank’s $275 million concessional development policy financing (DPF) for Zambia. 22, 2023, 5:41 AM PST Bob Diamond’s Atlas Mara Sued Over Zambian Bank Deal Upmanyu Trivedi Bloomberg News Adelaide Changole Bloomberg News Rajan Mahtani. Its key role is to gain and maintain public confidence in the currency. Bank transfer. 14. Data in doing business 2020 are current as of May 1, 2019. What is the Bank of Zambia. Zambia National Commercial Bank Pie v Joseph Kangwa, SCZ Appeal No. 4 billion of debt relief from 2022 to 2025 under a new restructuring framework backed by the. the Bank of Zambia website Dr. Bank of China Zambia LimitedZambia's debt restructuring has been a complex, three-year process, which suffered a serious setback on Monday when bilateral creditors, including China,. m FREE FREE K50. Bank transfers are an easy way to send money to Zambia but they charge extra for the convenience and are often slower than other methods. 149 3. 5700: 23. 2. 3000: 23. A Zambian savings account gives Zambian the ability to store ZMW money in a secure location in Zambia, which is a Zambian bank. 50% as inflation in the copper-rich nation remained high. This is the IMF Country Report No. ii. Over the medium term, growth should hold steady in 2015 and then accelerate to around 6–7 percent per year in 2016–2018. Minimum investment amount of ZMW100,000 for local bonds and USD50,000 (or equivalent) for foreign bonds. Steps on how to change your alert settings. Use its powerful functionality with a simple-to-use intuitive interface to fill out Mobile loans in zambia online, e-sign them, and. He claims in documents prepared for the London trial that he got less than a quarter of the agreed $215 million for the bank. 5700: first capital bank zambia: 23. It highlights recent improvements in corporate governance regulation, makes policy recommendations, and provides investors with a benchmark against which to measure corporate governance in Zambia. Printing and scanning is no longer the best way to manage documents. These are some of the best in all of Zambia currently. 25 ZMW 19. The Strategy is designed to assist Zambia sustain economic growth while diversifying the economy and strengthening country competitiveness. The following is a list of all the registered Banks within Zambia: Registered Commercial Banks PDF. 4. Login to view send rates. On this basis, Bank of China had grown to become the eighth largest bank in Zambia albeit operating with only one branch. In July 2013, the bank was acquired by a group of investors led by FMBcapital Group and rechristened as First Capital Bank. ACCESS BANK ZAMBIA LIMITED ACCESS PO. 10 ZMW 0. The partnership will ensure that identity verification – and the benefits it provides – is accessible to all. 100 USD 2,335. Zambia’s strategy aims to see 70 percent of adults using formal financial services by 2022. Following the deal, Zambia’s kwacha became the world’s best. workshop the World Bank was requested to work with the Ministry to draft a strategy for improving the corporate governance of state-owned enterprises in Zambia. 2410. 50 and 100 Kwacha 2009 / 2010, showing fish eagle. Longer loan periods up to 25 years. zm) listed on the Lusaka Securities Exchange under the Banking sector has released its 2023 interim results for. Tracking Systemic Risk Over the Credit Cycle_____24. Bank of Zambia has the sole right to issue bank notes and coins in the country. Competitive exchange rate. id bank city branch swift code; 1: ab bank zambia ltd. This is a list of commercial banks in Zambia. Zambian Kwacha to United States Dollar. 793669061 ZAR. 10 ZMW 7. 7% to K5. A beacon of excellence and partner of choice in development financing | About DBZ The Development Bank of Zambia (DBZ) was established in 1972 pursuant to section 3 of the DBZ Act Chapter 363 of the Laws of Zambia as a joint venture between the Government, Public Sector Financial. How to open a Company Bank account In Zambia. Zambia’s investment climate has remained broadly favourable although the macroeconomic conditions deteriorated in 2020. For the Zambian banking sector, a possible explanation for this could be that since the post-entry period coincided with the global financial crisis, banks were forced to cut unit costs in order to survive or as hypothesized above, it reflects entry-level subsidisation. +260 21 127 8443. This is for informational purposes only. The Bank of Zambia will increase the statutory reserve ratio requirement for local- and foreign-currency deposits by 3 percentage points to 14. This 2013 study, published by the Chief Economist Complex of the African Development Bank, evaluates the degree of competition in the Zambian banking sector in the wake of dynamic market shifts induced by financial reforms, entry of new foreign. 5835: 23. 2,523 views. Set rate alerts for USD to ZMW and learn more about US Dollars and Zambian Kwacha from XE - the Currency Authority. There is over 20 best banks in Zambia, registered legally, operating nationwide and offering best financial services to clients. Payment Systems Statistics. 4 million in. Absa Bank Zambia Plc; Access Bank Zambia Limited; Atlas Mara Bank Zambia Limited; Bank of China Zambia Limited; Citibank Zambia Limited; Ecobank Zambia Limited; First Alliance Bank Zambia Limited; First Capital Bank Zambia Limited; First National Bank of Zambia Limited; Indo-Zambia Bank Limited 5. The Bank has a compelling employee. ZMK replaced by ZMW. It provides Wholesale, Retail, Investment and Transactional Banking services to governments, financial institutions, multinationals, local companies, SMEs and individuals. Mazabuka 26 36 13. Zambia National Commercial Bank Plc (ZANACO. Section 3 outlines the transformation of Zambia’s monetary policy overAccess Bank Plc had said it has signed an agreement with Atlas Mara Limited on a proposed merger between African Banking Corporation Zambia Limited (Atlas Mara Zambia) and Access Bank Zambia Limited. org. BACK TO TOP. As at 31 December 2021, Bank X accounted for 13% and Bank Y accounted for 17\%, of the Zambian banking sector's total assets and deposits, respectively. FCB is part of the by FMBcapital Group which has banking operations in Malawi, Mozambique. Chungu, Chanda (2020) "Richard Musenyesa v. LUSAKA, May 17, 2021 –The World Bank is providing $105 million to help secure the livelihoods of at least 300,000 of the poorest and most vulnerable households in Zambia, including women and girls, amidst the ongoing shocks from the COVID-19 pandemic. Demand for car loans also rose, following the introduction of a new motor vehicle scheme by two large banks (Chart 3). Chilanga, Zambia. Bank Name. They offer 8%+ on their normal Target Savings Account, as well as rates up to 14% -> 15% on their term deposits and high-networth accounts. Inputs for. United States Dollar to Zambian Kwacha. customerservice. Of those. After the sale, Atlas Mara “thwarted” a. LUSAKA: ABBAZMLU: 2: ABSA BANK ZAMBIA PLC: KITWE: KITWE PROCESSING CENTRE: BARCZMLXKPC: 3: ABSA BANK ZAMBIA PLCZAMBIA Table 1 2022 Population, million 20. This page contains a national calendar of all 2024 public holidays for Zambia. Zambia Inflation Rate Climbs to 1-1/2-Year High of 12%. Latest news and information from the World Bank and its development work in Zambia. ecobank zambia: 23. The consequences of these failures led to China canceling US$158 million in Zambian debt in 2006, eventually resulting in a US$392 million write-off. Absa Zambia offers personal, business and corporate banking solutions that will cater to all your unique needs. June 22, 2021. Supporting You. This rapid acceptance leads to poorly planned projects that quickly fail, thus wasting Chinese capital and hurting their image in African nations. The banks include Indo-Zambian Bank, Zambia. Development Bank of Zambia and Mary Ncube (Receiver) vs Christopher Mwansa and 63 Others, SCZ/ 08/103/ 08-J2-7. ZM BANK OF CHINA LU BANK OF CHINA LUSAKA B5 ZAMBIA LOCAL BANKS 190001 No No. The Kwacha ( ISO 4217 code: ZMW) is the currency of Zambia. Currency Management. Source: Bank of Zambia Note: Bars below zero mean low demand, above zero high and zero (no bar) means unchanged. For the Zambian banking sector, a possible explanation for this could be that since the post-entry period coincided with the global financial crisis, banks were forced to cut unit costs in order to survive or as hypothesized above, it reflects entry-level subsidisation. 1:22. 1. In 2016, Zambia began work on a system to account for its valuable natural resources. In the event of permanent disability, death and retrenchment, your insurance policy will cover. Lusaka, Zambia. (Concentration ratio, 2nd table in the AfDB report) The four largest banks accounted for an average of about 2/3 of total assets and deposits between 2002 and 2011, while for loans the proportion was much higher. Mobile money. 1. 1% in 2024. Banking. the banking industry in Zambia. In 2007, GRZ sold. Valid email. ( 1 ) United Nations Population Division. ($462. The report shows that that digital financial services in Zambia have increased significantly since 2016, laying the. AB BANK ZAMBIA LIMITED AB BANK PO. This SWIFT code is for the FIRST NATIONAL BANK ZAMBIA LIMITED. 3billion. Lusaka 00 00 01 Ndola 00 01 02. Balance of Payments Statistics. Central 0 0 3 0 0 2 0 0 0 0 2 0 2 0 0 1 2 0 0 4 16 Commercial Banks Access AB Bank Atlasmara Bank ABC BOC Absa Cavmont Capital Bank Citibank Ecobank FAB FNB Finance Bank Indo-Zambia ZICB FCB. Contacts: Bank of Zambia Bank Square Cairo Road P. 81% and the Most Favored Nation (MFN) Weighted Average tariff is. FINANCIAL AND OTHER STATISTICS 1 Table 1: Selected Macroeconomic Indicators, 2012 - 2021 *The GDP numbers for 2021 are prelimimnary Source: Bank of Zambia, Zambia Statistics Agency and Ministry of FinanceThe Bank of Zambia has raised the Monetary Policy rate to 9-percent from 8. The minimum payment you can transfer to your Zambian bank account is $50. 2. 00 K25. Postal Address First National Bank Zambia Limited PO Box 36187 Lusaka, Zambia. The Zambia Strategic Country Gender Assessment (ZSCGA) is a collaborative effort between the World Bank, Government of Zambia and Zambian gender experts. Bank of China (Zambia) is a 100% subsidiary of Bank of China which went through a successful initial public offer (IPO) and has resulted in Bank of China being a top tier globally listed bank. Enter an amount. Zambia National Commercial Bank, commonly known as Zanaco, listed on the Lusaka Securities Exchange, serves retail customers, large corporations, agri-business and public sector clients. Up-to-the-second details of your account Access anytime, from anywhere No queues to stand in, or turns to wait for. 100 ZMW 79. 5%. Zazu is Zambia’s fintech start-up that was launched in 2015 to provide digital payment services via its digital wallet and financial education courses to the Zambian. 5700: 23. Bank Deputy Governor- Operations, Dr. Pearson, Jr. zm@absa. Phone number. 00 K7,500. In a Zambian context, “Financial Institution” is any legal entity registered by the Patents and Company Registration Agency (PACRA) and licensed and regulated by the Pensions and Insurance Authority and, for Commercial Banks, by the Central Bank of Zambia–BOZ. (1) National Savings And Credit Bank Of Zambia (8) New Capital Bank Plc (1) Pangaea/emi Securities Limited (1) Stanbic Bank (zambia) Limited (1) Stanbic Bank Zambia Ltd. Also, $11. During this period the Zambian pound circulated alongside the Zambian Kwacha until 31st January 1974 when the withdrawal process was completed and the sole legal tender became the Kwacha and ngwee. If You wish To open a Bank account for your Company in Zambia, you must provide these documents. It is a commonly held view that the full impact of Zambia’s pre-Covid-19 economic challenges and the further complications brought on by the Covid-19 pandemic are only now becoming apparent. Get the latest 1 Zambian Kwacha to US Dollar rate for FREE with the original Universal Currency Converter. Rates change according to market price. Explain HTTP, FTP, TCP/IP protocol etc. The Currency Act of 1967 replaced the Zambian po. Zambia’s economy has picked up in 2017 from the tough conditions of 2015 and 2016. Indo Zambia Bank was formed on 19th October, 1984 by the Government of the Republic of Zambia and the Government of India out of the desire to promote banking facilities to support the economic development of Zambia. The Constitution of Zambia Act, 1991. Zambia is a developing country, and it achieved middle-income status in 2011. Margaret Mhango Mwanakatwe is a Zambian politician who was the Minister of Finance from 14 February 2018 to 14 July 2019. Samuel Munzele Maimbo, as its Vice President for Budget, Performance Review and Strategic. Available in USD, GBP, EUR and ZMW. The Bank of Zambia ( BoZ ), is the central bank of Zambia . Date Day Holiday; 1 Jan: Mon: New Year's Day: 8 Mar: Fri: International Women's Day: 12 Mar: Tue: Youth Day: 29 Mar: Fri:The last auction of the Bank of Zambia on 23 March, 2023, performed badly. By Zambia National Commercial Bank Plc (ZANACO. 8% in October, after rising by 0. They tried a few ventures that all started out promising but left them both broke and nearly broken. Address: Central Park Prestige Banking Farmers House, Lusaka, Zambia, Zambia. BOX 35273, LUSAKA […] Tuesday's study estimated that $7. 3 billion) 38-month ECF arrangement for Zambia to help restore macroeconomic stability and foster higher, more resilient, and more inclusive growth. ZICB is mandated to support the commercialisation and industrialization of the Zambian economy by stimulating the growth of the MSMEs and local corporations. Emmanuel Mwamba. 2 International poverty rate ($2. When buying US dollars or Zambian kwachas money transfer specialists typically offer better rates and cheaper fees than a local bank. O. 00 K30,000. With increased mobile phone. 387]"banking business". Join experts from Standard Chartered Bank as we deep dive into the global insights and financial analysis that matter to help you make better financial decisions. Indo Zambia Bank was formed on 19th October, 1984 by the Government of the Republic of Zambia and the Government of India out of the desire to promote banking facilities to support the economic development of Zambia. #Kula. 1% in 2024, WB Forecasts. The headquarters and main branch of the bank are located at 6907 Cairo Road, in the city of Lusaka, the capital city of Zambia, and its largest metropolitan area. The authorities’ program, supported by the ECF-arrangement, will advance the authorities’ homegrown reform plan to restore. Purpose – This study aims to evaluate the degree of competition in the Zambian banking sector in the wake of dynamic market shifts induced by entry of new foreign banks and privatisation of the state‐owned bank. Ndola Branch 26 01 03. Set rate alerts for ZAR to ZMW and learn more about South African Rand and Zambian Kwacha from XE - the Currency Authority. Login Have you forgotten your password? View and pay. Available In Multiple Currencies. About Us; Monetary Policy; Financial Stability; Statistics; Research and Publications3. Zambia currently has six banknotes and four coins in circulation. INDO-ZAMBIA. Supporting You , Developing Zambia | Indo Zambia Bank was formed on 19th October, 1984 by the Government of the Republic of Zambia and the Government of India out of the desire to promote banking facilities to support the economic development of Zambia. 3500: 23. Atlas Mara Bank Zambia Limited 4. A SWIFT/BIC is an 8-11 character code that identifies your country, city, bank, and branch. Companies That Accept Cryptocurrency, Uk; Entry-level Software Developer. Bob Diamond’s Atlas Mara has been accused of failing to pay what it owed to acquire a Zambian bank in a lawsuit against the former Barclays chief executive’s lender that opened on Wednesday in. RM RA78DK – 20 Zambian kwacha. 00 ZMK to 700 ZMK maximum. Set rate alerts for ZMW to USD and learn more about Zambian Kwacha and US Dollars from XE - the Currency Authority. In this Act, unless the context otherwise requires—"Bank" means the Bank of Zambia established under section three;"bank" shall have the meaning assigned to it in the Banking and Financial Services Act;[Cap. 00 NIL NIL 15 Standard Chartered Bank Zambia PlcOn a monthly basis, consumer prices increased by 0. The Indo-Zambia Bank was established in 1984 as a joint venture between the government and three state owned Indian banks, and in 1987 the Zambia Export and Import Bank was founded to supply trade finance. The Role and Functions of the Bank of Zambia. You must provide a medical certificate from your doctor or hospital in Zambia verifying your need to seek medical attention in a Schengen country. You won’t receive this rate when sending money. This has been because each bank has its own way of operation. This company has no reviews. Geographical and historical treatment of Zambia, a landlocked country in south-central Africa. Working at Zanaco means you have the opportunity to have an impact and play a hand at shaping the. Francis Chipimo revealed that over 50 percent of the profit was as a result of massive investment in government securities. It is part of Zambia’s banking history. The certificate must be in English or in one of the corresponding. 00 p. ”. 04:13 PM. 8%, amid the ongoing. 99 of 2013. There are currently 19 banks in Zambia with the largest four banks holding nearly two-thirds of total banking assets. Introducing the Action Panel – Bringing your banking features front and center, like payments, transfers, my cards, and cash withdrawals. Supporting You. Loans and mortgages. Developing Zambia. 0 GDP per capita, current US$ 1449. 3700: 23. 00%. SWIFT Code. Below is a full list of registered banks in Zambia(2023/2024) NO BANK NAME SHORT NAME POST ADDRESS CITY TELEPHONE 1. US Dollar To Zambian Kwacha - Quick Conversions. Create an account with your email address. 936690606 ZAR. The Bank of Zambia will increase the statutory reserve ratio requirement for local- and foreign-currency deposits by 3 percentage points to 14. 366906064 ZAR. March 08. Therefore, the government controls part of the banking sector to ensure monetary policy. Follow US. Ecobank Zambia is a full-service bank. Follow US. This is obviously part of the strategy to improve fiscal discipline and IMF’s economic program. 1078: 23. 2 International poverty rate ($2. These are: K100, K50, K20, K10, K5, K2 banknotes K1, 50N, 10N, and 5N coins. 2374, Kelvin Siwale Road, Show Grounds, Lusaka, Zambia. There have been forced bank mergers in the last two years. 00 shipping (DN) Zambia 10000 Kwacha 1992 P-42. 1, Article 12. The Central bank sold K797. BOX 38173, LUSAKA +260-211-220835/36/38/40 LUSAKA 2. 85)a 91.