United Kwacha Alliance (UKA) Chairperson for Communications, Jackson Silavwe, has challenged the Bank of Zambia to disclose the cost of printing the new banknotes it intends to introduce on the market next month.
Yesterday, the Central Bank announced to the nation that it will roll out new bank notes on March, 31st, 2025.
But Mr. Silavwe who is also Golden Party of Zambia President said that the printing of new bank notes is mistimed, saying that it comes at a time when the nation is passing through economic challenges.
He said this when he featured on Christian Voices’ Chatback program on the topic, “ National Matters”.
“The move is good but it is not priority because the process of changing bank notes is expensive,” said Mr. Silavwe.
He has therefore challenged the central to be open with the Zambian people on how much the process cost the nation.
Angel Kasabo
