BOZ Maintains Policy Rate as Liquidity Pressures Keep Funding Costs Elevated

The Bank of Zambia (BOZ) has maintained the Monetary Policy Rate at 14.25%, signalling a continued commitment to controlling inflation despite persistent liquidity constraints in the financial system. According to market data for 28 November 2025, interbank lending rates showed marginal easing throughout the day but remained high, reflecting tight conditions faced by commercial banks…

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ZICB Pays First-Ever K9 Million Dividend

Zambia Industrial Commercial Bank Delivers First Dividend Payout, Signals Rising Strength of Local Banking Sector The Zambia Industrial Commercial Bank (ZICB) has declared and paid out its first-ever dividends, totaling K9 million, marking a major milestone for the fully Zambian-owned bank. The payout was officially handed over to shareholders during a media breakfast held today…

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