denny h kalyalya : keynote address - conference and meeting of the community of african banking supervisors ( cabs ) keynote address by dr denny h kalyalya, governor of the bank of zambia, at the conference and meeting of the community of african banking supervisors ( cabs ), lusaka, 29 april 2024. * * * the executive secretary of the association of african central banks aacb ), dr djoulassi kokou oloufade, mr. vasily pozdyshev, senior advisor, financial stability institute of the bank for international settlements, representatives of the association of african central banks, representatives and resource persons from the international monetary fund, the world bank, bank of england, bank for international settlements, african development bank, making finance work for africa, the currency exchange fund ( tcx ), distinguished speakers and delegates, ladies and gentlemen, good morning. it is an honour and privilege to officiate at the 2024 conference and meeting of the community of african banking supervisors ( cabs ). let me start by welcoming you to lusaka, zambia and to the mulungushi international conference center. the mulungushi international conference centre, where we are holding these meetings today, has some historical significance not only to zambia but to the concept of pan africanism. it was at this conference centre that the summit of the organisation of african unity ( oau ) formulated the mandate that translated the transformation of the oau into the african union ( au ) in july 2001. aside from rekindling the genesis of the au, this conference centre also hosted a few historical events including the third summit of the non - aligned nations in 1970. this is the organisation that spearheaded the independence of most the countries in the southern africa. and from the entertainment world, in the 70s, the centre hosted the late famous ambassador of soul music, james brown, perhaps most of you were young then or not yet born and could not remember the legendary musician, james brown. back to the agenda, i wish to note that the cabs conference and meeting are being held at a very challenging time. barely recovering from the impact of the covid - 19 1 / 4 bis - central bankers'speeches pandemic, the global economy is faced with a myriad of challenging vulnerabilities and risks that have potential to destabilize the african region. you will agree with me that africa is a living example of occurrences of climate change events and nature

caleb m fundanga : the new k10, 000 banknote in zambia opening remarks by dr caleb m fundanga, governor of the bank of zambia, at the official launch of the new k10, 000 banknote, bank of zambia, lusaka, 16 june 2008. * * * • members of the press • official from commercial banks present • ladies and gentlemen i wish to welcome you all to the bank of zambia. the objective of this press briefing is to announce the introduction of the new k10, 000 banknote in our economy. the new k10, 000 banknote will be put into circulation as early as this week. by showing you the new k10, 000 banknote first, we expect that you will, in turn, help us to inform the public about this new banknote. in order for us to help you understand the new k10, 000 banknote, we have produced posters and will make a short power point presentation. the posters are showing the main public recognition and security features of the new k10, 000 banknote. let me from the outset inform you that although we are calling it a new k10, 000 banknote, most of the features on the banknote are still the same as those on the current k10, 000 banknotes. the differences can best be detected by comparing this new k10, 000 banknote with the current k10, 000 banknotes in circulation. ladies and gentlemen the new features on the k10, 000 banknote are as follows : on the front of the banknote – there is a new bright silver demetallised holographic lead representing a fish eagle. this has replaced the old hologram of the head of a fish eagle. on the back of the banknote – the area around the value numeral, k10, 000 in the right top corner, is printed with a special ink which shifts colour from copper to green when angle of view is changed. these are the two changes that have been made to the k10, 000 banknote. all other features are basically the same. the reason for the introduction of these two features is mainly to enhance the security of the banknote. the bank of zambia would further like to inform the public that the new k10, 000 banknote and the current circulating k10, 000 banknotes shall circulate side by side. the new and current banknotes will therefore all be legal tender. the current k10, 000 banknotes will