BoZ refutes issuing notice to phase out cheques

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https://zedgossip.net/

The Bank of Zambia has disclosed that it has not issued any notice making rounds on social media to phase out cheques.

BoZ further states that consultations on the possibility of phasing out cheques are still ongoing with stakeholders and once concluded members of the public will be notified.

Social media in Zambia Monday morning was buzzing with stories that the bank had issued a notice to phase out cheques.