Bank of Zambia closes K5 billion business support facility
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The Bank of Zambia (BoZ) has closed its K5 billion Stability and Resilience Facility (SRF), which was introduced to support businesses affected by the 2023/24 drought and prolonged electricity shortages. The facility attracted applications amounting to K8.5 billion and recorded full uptake of the allocated K5 billion, with the funds directed towards agriculture, energy solutions and other productive economic activities. In a statement issued on Tuesday, BoZ Assistant Director for Communications, Besnat Mwanza, said the facility’s 12-month access window officially ended on March 31, 2026…
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