Zambian president fires central bank governor

Photo of Zambia currency

Zambia’s central bank governor has been dismissed by the country’s president, less than a week after he warned of the country’s growing economic difficulties.  

In a statement on August 22, president Edgar Lungu announced he had dismissed Denny Kalyalya. Lungu appointed the deputy secretary to the cabinet’s finance and economic development department, Christopher Mvunga, with immediate effect.

Denny Kalyalya

Several local media reports described Mvunga as a close ally and friend of the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: