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Kalyalya wants lower interest rates

DENNY Kalyalya.

CHIMWEMWE MWALE, Livingstone
BANK of Zambia (BoZ) Governor Denny Kalyalya (right) says the high cost of borrowing should not entirely be blamed on the central bank because it is a reflection of some adverse concerns in the financial sector.
He said BoZ is making efforts to address the policy monetary rate and provide a conducive environment for commercial banks to further reduce interest rates to enable private sector to growth.
Dr Kalyalya said this here yesterday during a meeting with the Livingstone Chamber of Commerce and other stakeholders.http://epaper.daily-mail.co.zm/




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