BoZ calls for innovative growth projects


THE Bank of Zambia (BoZ) has called for innovative developmental projects to promote growth and stability in the economy, especially in key monetary sectors such as agriculture.
BoZ Governor Denny Kalyalya said Zambians need to be innovative and take up the challenge to invest in the development of raw materials in agro-processing as the country has vast potential that needs to be further exploited.
Dr Kalyalya said at a Common Market for Eastern and Southern Africa/ Zambia Association of Manufacturers Africa Business Council meeting during a panel discussion on Financing for Economic Diversification and Growth that Zambians in the business industry need to be innovative and find alternative solutions to finance their business projects as majority do not have the capacity to borrow from banks.

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