Bloomberg News

Zambia Planning New Law to Make Central Bank Independent

June 28, 2011

June 28 (Bloomberg) -- Zambia’s central bank is planning a new law to make it independent from the government, Mathew Chisunka, the bank’s secretary, said.

The move will probably make the Bank of Zambia “more efficient” as it won’t have to seek advice from the government, Chisunka said in an interview published in the Lusaka-based Post today.

To contact the reporter on this story: Anthony Mukwita at

To contact the editor responsible for this story: Gordon Bell at

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