ZACCI ZACCI
Get A Form
  • Home
  • Who We Are
    • Activities
    • Our Team
  • Publications
  • Chambers
    • Kitwe Chamber
    • Livingstone Chamber
    • Luapula Chamber
    • Mazabuka Chamber
    • Ndola Chamber
    • North Western Chamber
  • News
  • Email
  • January 11, 2021
  • Dingani Daka
  • 0 Comments
  • News

BoZ’s Purchase of Gold will help Zambia Further Build Gold Reserves

FacebookTweetPinLinkedInEmail

The Bank of Zambia has purchased 47 kilograms of Gold from the Zambia Gold Company Limited, under ZCCM Investments Holdings.

Central Bank Governor Christopher Mvunga says the recently purchased gold is currently sitting in the central bank’s vault.

Mr. Mvunga who has confirmed in an interview with ZNBC News in Lusaka recently, but could not disclose the value of the gold.

He said the move will help to further build the country’s gold reserves.

Mr. Mvunga said the investment will also build and enhance the market’s confidence in the Bank’s ability to fulfill its mandate of price and financial system stability.

The Bank of Zambia recently signed a Gold Purchase Agreement with the Zambia Gold Company Limited, a subsidiary of ZCCM Investments Holdings

Prev PostSurvey – Essential Business Skills Courses for ZACCI Members
Next PostFuel pump prices remain unchanged-ERB
Related Posts
  • ZACCI SIGNS MOU WITH BUSINESS RUSSIA August 8, 2022
  • FOOD AND AGRICULTURE WOMEN BUSINESS FUND August 5, 2022

Leave a Comment Cancel Comment

Your email address will not be published. Required fields are marked *

Recent Posts

  • ZACCI SIGNS MOU WITH BUSINESS RUSSIA
  • FOOD AND AGRICULTURE WOMEN BUSINESS FUND
  • NATIONAL TECHNOLOGY BUSINESS CENTRE CALL FOR CONCEPT NOTES FOR INNOVATIVE PROJECTS.
  • MSMEs CALL FOR DIGITAL SOLUTIONS

Categories

  • Advertisements
  • Business news sponsored by Professional insurance
  • Business Opportunities
  • Business Training
  • Chamber Spotlight
  • Commodities by Briefcase Trader
  • COVID-19 UPDATES
  • Events
  • Invest in Zambia
  • News
  • Press Release
  • Publications
  • Successful Advocacy
  • Trade Facilitation
  • Uncategorized
  • UpComing Events

Login

Please follow & like us :)

Follow by Email
Facebook
Twitter
LinkedIn
secretariat@zacci.co.zm Send us an Email
+260 211 253 020 Call Us Now
Financial Services Lane Showgrounds Lusaka Zambia Visit us Today
Copyright 2022 ZACCI, All rights reserved. Designed by PIXELSPECK
Share this ArticleLike this article? Email it to a friend!

Email sent!