1996-01-01

Bank of Zambia Circular 11/1996: Operating Bureaux de Change

The Bank of Zambia issued Circular 11/1996 to publish a revised roster of authorized operating bureaux de change and formally revoke the license of Goldmark Bureau De Change. The directive mandates that all foreign exchange transactions governed by Statutory Instrument No. 44 of 1994 must be exclusively conducted through the companies appearing on the attached licensed list. Commercial banks and bureaux are required to restrict all currency exchanges to these verified entities to maintain statutory compliance.

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Zambia

Bank of Zambia

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Tel. 228888/228903-20

BANK OF ZAMBIA
P.O. Box 30080 Lusaka
10101

15 August 1996

C B Circular No.11/96

TO : All Commercial Banks and Bureaux De Change

Dear sirs,

OPERATING BUREAUX DE CHANGE

We have attached the latest list of licenced and operating Bureaux de change in the country as at 15 August 1996.

Please note that Goldmark Bureau De Change is no longer licenced to operate a bureau.

All foreign exchange transactions covered by Statutory Instrument No. 44 of 1994 must be restricted to the companies licenced as bureaux de change appearing on the attached list.

Yours faithfully,

S Musoktwane (Dr)
ACTING DEPUTY GOVERNOR

encl:
OPERATING PRIVATE BUREAUX

| NAME OF BUREAU | PHYSICAL ADDRESS |
|----------------|------------------|
| 1. C & A FINANCE | PLOT 2109 GROUND FLOOR WOODGATE HOUSE CAIRO RD LUSAKA |
| 2. STERLING (NDOLA) | PLOT 4508 COMPESATION HOUSE BROADWAY ROAD NDOLA |
| 3. STERLING (KABWE) | PLOT 89A INDEPENDENCE WAY KABWE |
| 4. KAPIRI | 12 MAIN ROAD KAPDI SUPERMARKET PREMISES KAPIRI MPOSHI |
| 5. MILL | PLOT 6915 CAIRO ROAD GROUND FLOOR CENTURY HOUSE LUSAKA |
| 6. CONTINENTAL | 1ST FLOOR LISO HOUSE MUSI O TUNYA RD LIVINGSTONE |
| 7. E.R.Z | PLOT 682 CAIRO RD NOTHIEND LUSAKA |
| 8. D.F BUREAU | GROUND FLOOR DBZ HOUSE CHIACHACHA/KATONDO STREET LUSAKA |
| 9. PRUDENCE | SOCIETY HOUSE MEZANINE FLOOR CAIRO ROAD LUSAKA |
| 10. TOFS | PLOT 216 KATANGA ROAD CHINGOLA |
| 11. UNIFINANCE (LUSAKA) | CAIRO ROAD NEXT TO BANK OF ZAMBIA LUSAKA |
| 12. UNIFINANCE (NDOLA) | SHOP NO. 4 SECURITY HOUSE BUTEKO AVE. NDOLA |
| 13. PROFESSIONAL | PLOT 226 FINSBURY HOUSE BUTEKO AVE. NDOLA |
| 14. PRIME | PLOT 628 1ST FLOOR CUSA HOUSE CAIRO RD LUSAKA |
| 15. QUICKSERVICES | PLOT 17 CAIRO RD LUSAKA |
| 16. ZAMFOREX (LUSAKA) | PLOT 3520/3521 LUANGWA HOUSE CAIRO RD LUSAKA |
| 17. ZAMFOREX (KITWE) | PLOT 16 MATUKA AVE. KITWE |
| 18. ABC | 24C NKWAZI RD 1ST FLOOR TECHNOLOGIST HOUSE LUSAKA |
| 19. MONEX | PLOT E14/A ARUSHA STREET NDOLA |
| 20. D.K BUREAU | PLOT 7393 INDECO HOUSE SAPELE RD LUSAKA |
| 21. Y.M.F BUREAU | PLOT 189/190 JUNCTION OF LUMUMBA AND NKWAZI ROADS LUSAKA |
| 22. ATICS | PLOT 1024 FREEDOMWAY LUSAKA |
| 23. EXPRESS | NEXT TO YMCA REFUGEE CENTRE OFF KARACHI STREET KAMWALA LUSAKA |
| 24. SOUTHEND | PLOT 106 MUSI O TUNYA RD LSTONE |
| 25. VALOUR | PLOT 7928 CHOZI RD NORTHMEAD LUSAKA |
| 26. VALOUR | SHOP NO. 3 GROUND FLOOR SOCIETY HOUSE BUILDING CAIRO ROAD LUSAKA |
| 27. I.M.S | PLOT 7218/7219 KACHIDZA RD LUSAKA |
| 28. DELTA | PLOT 3518 GROUND FLOOR AMBIA HOUSE CAIRO/NKWAZI ROADS LUSAKA |
| 29. IMPERIAL | PLOT 718 KALUNDWE ROAD LUSAKA |
| 30. AFRICA DIRECT | PLOT 8606 ADDO APPLIANCES BUILDING LUMUMBA ROAD LUSAKA |
| 31. FINANCE | PLOT 6988 KARACHI STREET KAMWALA LUSAKA |
| 32. HAZIDA | PLOT 8484 LUMUMBA ROAD LUSAKA |
| 33. FUNFAIR | PLOT 97 CHINDO ROAD KABULONGA LUSAKA |
OPERATING BANK OWNED BUREAUX

| NAME OF BUREAU | PHYSICAL ADDRESS |
|----------------|------------------|
| 1. UNION - LUSAKA | ZIMCO HOUSE CAIRO ROAD LUSAKA |
| 2. CAVMONT | TAZARA HOUSE GROUND FLOOR DEDAN KIMATHI ROAD LUSAKA |
| 3. MANIFOLD | PLOT 628 CUSA HOUSE CAIRO ROAD LUSAKA |