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Interest rates should fall, says BAZ

KABANDA CHULU and NANCY SIAME, Lusaka THE Bankers Association of Zambia (BAZ) says it exepects commercial banks to reduce interest rates by about 1.5 percent on all loans following the reduction of the monetary policy rate by the Bank of Zambia (BoZ) from 12.5 percent to 11 percent. On Wednesday, the central bank announced the […]

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