Zambia Enforces Kwacha-Only Payments

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The Bank of Zambia issued new currency directives requiring all domestic transactions to be settled in Zambian Kwacha, effective December 26, 2025. The move reinforces existing law under the Bank of Zambia Act. It follows nationwide consultations with business, government and industry stakeholders. While limited exemptions apply, the directives exclude international transactions and aim to strengthen use of the local currency.