ANNOUNCEMENT 18 May 2012
In May 2012, the government of Zambia announced a change for private foreign currency usage.
NUMBER OF INTERVENTIONS
1
Control on personal transactions
On 18 May 2012, Zambia through Statutory Instrument No. 33 of 2012 prohibited quoting, paying, demanding to be paid or receiving foreign currency for any domestic transactions as a legal tender.
The above instrument was revoked on 21 March 2014.
AFFECTED SECTORS
AFFECTED PRODUCTS