Zambia’s central bank said it refused to pay ransom to a group known as Hive that was behind a cybersecurity breach that caused minimal damage to its systems. “All of our core systems are still up and running,” Greg Nsofu, information and communications technology director at the Bank of Zambia, told reporters in Lusaka, the […]
Zambian central bank refuses to pay ransom to hackers Read More »
The Bank of Zambia (BOZ) has maintained the Monetary Policy Rate (MPR) at 9.0 percent. Speaking during the Monetary Policy Committee Announcement and Press Briefing attended by the Zambian Business Times-ZBT, Bank of Zambia Governor Dr. Denny Kalyalya said the decision to maintain the MPR at 9.0 percent is due to the continued deceleration in
BOZ holds key interest rate at 9% Read More »
Technology and Science Minister, FELIX MUTATI says Government is working with various stakeholders to enhance security for mobile money operators in the country. Mr. MUTATI says government is working with a cyber security team, financial institutions and security wings to ensure mobile operators are protected. He says government is also looking at implementing an insurance
GOVT TO ENHANCE SECURITY FOR MOBILE MONEY AGENTS Read More »
COMESA says about $425 Million financed by the World Bank has been allocated for the provision of loans to viable infrastructure projects with private sector interest. COMESA Energy Economist Malama Chileshe says the off-grid the renewable energy project will be co-implemented by COMESA and the Trade and Development Bank, aims at supporting the creation of
COMESA secures almost half a billion dollars for viable infrastructure projects. Read More »
