Who regulates lending in Zambia
The answer to who regulates lending in Zambia depends entirely on what kind of lending you're doing. Zambia operates under a tiered regulatory system that separates financial institutions by their activities, capital requirements, and the level of risk they pose to the financial system.
Answering your most asked questions
As requested, here are answers to some of the most frequently asked questions about your go to financial management app, Kolo.
The possible upsides of making GSI the go-to loan repayment method
The Federal government initiated the Global Standing Instruction (GSI) to nip the issue of non-performing loans and unrepentant loan defaulters in the bud. Unfortunately, the implementation of this very powerful tool has been limited.