Zambia: finance key to economic development
Diversification and strengthening of financial institutions, instruments and markets, is a prerequisite for Zambia's further economic development, said Denny Kalyalya, a deputy governor of the Bank of Zambia.
Speaking at a conference of chartered accountants in Livingstone, Kalyalya cited the most recent survey of financial services. According to the survey, 77.5% of Zambians have never had a bank product or service and only 34% of the population are financially served, either by the formal or
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