Regulatory Alerts2024-01-01
Bank of Zambia Circular No. 20/2024: Change of Service Provider for ZIPSS, CSD and EBoP Networks
The Bank of Zambia is onboarding Fibrecom Limited as an alternative service provider, requiring all ZIPSS, CSD and EBoP participants to migrate from the LIQUID network in a single-step transition beginning February 22, 2025. Fibrecom will extend last-mile connectivity to participant sites between December 16, 2024 and February 21, 2025 while participants verify basic link connectivity without making configuration changes. Commercial banks and money transfer operators are instructed to disseminate this notice to their information technology teams to ensure timely infrastructure preparation and seamless network migration.
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