1994-01-01
The Bank of Zambia issued Circular 20/1994 to designate new authorized signatories for its Financial Markets Department, including retail securities and open market operations. Effective 30 December 1994, Dr. Situmbeko Musokotwane and Mr. Austin Matale are appointed to Category A, while Mr. Lawrence Chokolo and Mr. Bright Simwanza assume Category B signing authority. Commercial banks are instructed to immediately update their records by deleting the signatures of outgoing officials Mr. C. Sinyangwe and N. Bweupe.