Comments on: BOZ Says Lending Interest Rates Will Not Exceed 18.25%

By: masauso

masauso — Tue, 25 Dec 2012 12:52:45 +0000

they have always been around 18%. what happened to the 9% policy rates has is failed BOZ has also started hallucinating

By: Big Chilolo

Big Chilolo — Sat, 22 Dec 2012 17:31:54 +0000

Why not 11% for instance. And when will the government introduce proper car dealerships like it happens in RSA?
The banks finance such loans by paying off the car dealer and then an individual owes the bank.
Also the issue of TOLL GATES must be implemented as soon as posbo and revenue strictly used 4 road project and not 4 political campaigns. If the president doesn’t have technocrats to deal with this issue,let him appoint me to lead RDA and I’ll bring sanity to this God forsaken agency!

By: Morious

Morious — Sat, 22 Dec 2012 13:30:13 +0000

This rate is only attractive to those who earn more..

By: Ba game

Ba game — Sat, 22 Dec 2012 13:23:42 +0000

increase it further at 81.9% that will be good enough.

By: Democrat

Democrat — Sat, 22 Dec 2012 12:50:27 +0000

Slip of the thumb, (18.25% and not 18.9%)

By: Democrat

Democrat — Sat, 22 Dec 2012 12:45:40 +0000

Still 18.9% is too much. Pipo in western countries are rich bcoz of good loan offered by banks thru govt’s fiscal decisions on maximum interest rates. Zambian banks will still fuz in some hidden costs and it will go beyond 18.9%.

By: PSYCHOLOGIST

PSYCHOLOGIST — Sat, 22 Dec 2012 12:38:01 +0000

reduce it further 18.25% not good enough.