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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Fitch Upgrades Zambia to B- as Global Economic Outlook Boosts Investment Opportunities

Lusaka, Zambia – Zambia has received a major boost in investor confidence after Fitch Ratings upgraded the country’s sovereign credit rating from Restricted Default to B– with a Stable Outlook. The upgrade comes amid a moderate global economic growth forecast and falling oil prices, creating favorable conditions for Zambia’s economy, businesses, and job market. Global…

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