Very few people will actually use K500 notes says Ndulo!
University of Zambia economics lecturer Professor Manenga Ndulo says the introduction of new notes will not change the value of the currency.
On Tuesday, the Bank of Zambia announced the introduction of a new family of Zambian currency, to be launched on March 31, 2025.
The Central Bank said that the new currency family consists of six banknotes (K500, K200, K100, K50, K20, and K10), and six coins (K5, K2, K1,50N, 10N, and 5N).
-News Diggers
Determined not to let the side down !!!
The picture and the article dont match. The picture is of Muna Ndulo a Cornell Professor of Law and the article speaks of Malenga Ndulo.
Zambian Observer lets deal with facts and not embarass yourselves or the people you report on.
Soon we shall read… apologies to Prof. Muna Ndulo…
It is not first time though.