Saturday, May 3, 2025

BoZ worried with counterfeit bank notes

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The Bank of Zambia (BoZ) has expressed concern at the increasing reports of counterfeit bank notes circulating in the country.

BoZ acting Manager for Currency at the Ndola regional office Kamuti Chama-Shichilenge said the Central Bank has continued to receive reports of fake Kwacha notes and other foreign currencies being circulated on the local market.

Mrs. Shichilenge said this when she led a team of officials’ from the BoZ regional office in paying a courtesy call on Kasama District Commissioner Lieutenant Colonel Steven Chanda at his office yesterday.

She noted that the high value denominations of K20,000 and K50,000 where the most common counterfeit notes in circulation.

Mrs. Shichilenge noted that recently some farmers in the country complained of being cheated during the last crop marketing season after some bogus businessmen bought their produce using counterfeit Kwacha notes.

She has since urged members of the public to be vigilant when handling money especially during the coming festive season because most unscrupulous individuals usually take advantage of the period to circulate fake currencies in the country.

Mrs. Shichilenge also revealed that the Bank of Zambia has embarked on a sensitization programme in Northern Province to raise awareness among members of the public on the need for them to be alert and distinguish original bank notes from fake ones.

The BoZ Official further said the sensitization meetings would be held in Kasama, Mpika, Isoka, Chinsali and Nakonde Districts respectively.

And BoZ Regional Investigations Officer Charles Hamalala said people who were involved in circulating of counterfeit notes were sophisticated because they targeted unsuspecting members of public when releasing their fake currencies on the market.

Mr. Hamalala has since advised Zambians to always report to the police anybody found circulating counterfeit bank notes so that the law could take its course.

He however, warned people that the law was clear on anyone found in possession of fake banks notes adding that expressing ignorance in the court of the law was no defence because merely possession any fake currency was enough proof for one to be convicted.

57 COMMENTS

  1. BREAKING NEWS
    PF President Michael Chilufya Sata has been found with Hiv aids and some failing lungs. Doctors have attributed the problem to his heavy smoking and alcoholic habits. Sata who is rushed to Lusaka based Hilltop hospital now in the hands of Dr. Boniface Kawimbe(MD). Friends and distant family members have been advised to allow him time for improvement. Sata has been loosing his gray hair and weight on an alarming late since july 2007.He is a husband of 3 with Joyce Nonde being 4th.

  2. Why is it that people in zambia like fabricating stories. Since when did sata get sick? He is also a person like you and bound to be sick of any disease just like Mwanawasa and the late Mazoka. A point of correction again is that you claim Sata to be being seen by Dr Boniface Kawimbe (MD) which is again wrong. For your own information Dr Kawimbe left Zambia in October last year and has since not been back home. All these facts makes me that this is wrong info and don’t with bashi-chilufya that.

  3. Chachinde,

    Presido Sata like anybody else is a human being. You don’t make funny of sickness except for Chuchu. It is very immoral of you to take over the role of our party spokesman to announce the misfortune of our Presido.Presido is a pure and holy man. We suspect the HIV virus found was just administered by either the MMD operatives or some Chinese porter like they did to Chiluba. Even in a wheel chair he will still rule. Ba Willie Nsanda will preside for him in state house.

  4. This is what some single digit IQ imbeciles came into diaspora to learn insults. Not even civilization can rehabilitate your rotten head. Should go back home

  5. For long I have forewarned you kids that this culture of insulting us your parents is a curse you are carrying. There is an insane boy here respecting himself as “Ba Joze”. All he does around the clock is come stay on the blog insult Levy and his wife. He calls himself a hard nut who goes in the Bedroom to insult the Head of state for Sata. I have personal Cell Phone #s for most PF senior leaders. I have asked them about this Chinama patient claim he is assigned to defame Levy for PF online.

  6. Sata doesn’t know him. Just this week Joze’s commitment has been to post here that he Levy is very sick nokusunda. Lt has found that as acceptable. Now Sata is alleged sick, insults are here. You are cursed.

    I will post 3 phone numbers for senior PF leaders including Sata’s private number on which some you could register your disgust should he pull through.

  7. Long time boys and girls, ati bwa? Elyo na landing from Dubai, ninjisa nentundu. I will talk to you tommorow, naya mukutusha first te

  8. TO: THE EDITOR-LUSAKA TIMES
    ARE YOU PLEASED WITH THE KIND OF POSTINGS WHICH ARE HITING THIS BLOG OF LATE? THIS BLOG COULD BE A GOOD FORUM WHERE INTELLECT OF THINKERS CAN BE EXHIBITED AND DEBATE INTELLECTUALLY. BUT THIS IS NOT THE CASE. ALL YOU READ ABOUT ARE INSULTS FROM SMALL AND LOW CALIBER BOYS. EVEN FREEDOM OF EXPRESSION HAS ITS LIMITS. WHAT ARE YOU DOING ABOUT THIS? I SUGGEST YOU MAKE SOME CHANGES TO THE SYSTEM SO THAT YOU MANTAIN THE INTENDED PURPOSE OF THIS BLOG RATHER THAN JUST INSULTS.

  9. I suggest the Editor start monitoring IP addresses of in-coming mails and blocking them. Tedious as the work may be, we are focused on having a clean forum. This sites will be turned into another BWANJI. Work extra hard Bwana Editor. If you want help, we can where we could. thanks

  10. Bola panshi bola panshi bane, Sata amaule yamu Campaign alenyenga free of charge yamupela shikipolomya. Alenyafye umulopa uncontrollably. Ci Pragmatist naiwe chi fact i hope now you are celebrating.I hope in your duty for Chuchu you didn’t sponsor amaule for Sata to fall prey to.Otherwise naine nkami sponsela ba kabolala the chiluba way on Penza and paul Tembo.

    Its HH, its HH, HH for P1 sata alenya careless.Ali pa RV

  11. The problem of counterfeit notes as worldwide. As long as there is a black market there are bound to be such woes. All that can be done is to work with law-enforcement to reduce the number of these dealers.

  12. “Sata amaule yamu Campaign alenyenga free of charge yamupela shikipolomya”……..hahahahahahaahahahaha sorry guys cud not help it

  13. #Talk about Sata’s illness is true then his followers must begin to act otherwise PF wil end up like UPND after Mazoka. I also wathed levy on main news reacting to Chiluba you can clearely see that he is not in the best of health ,his muoth was twitching and his speech was slurring.Levy is also a sick man.

    We should begin looking for leaders among the promising young minds like Given Lubinda, Reuben Lifuka and those who are still shying away from the limelight.

  14. CHACHINE BATILA ABATI BAKOLWE BASEKENE IFIPANTO – Surely Dr Chuchu is not the best person to laugh or talk about Chiluba’s illness, becoz his disease is worse off. Ichipumputu chali mwikata, he want into conversions for weeks, thats why he was not seen in public for some days until yesterday when someone dragged him to attend the mozambique function.

  15. I send SOS to you all!!! Mwebantu ala am I run away out-patient of Chainama Hills. I need to go back and finish my treatment. Help help help help meeeeee pliiiiiz!!!!!!

  16. FTJ made mistakes, some serious. But he also did a lot of good things which are there for all to see. But again the post editor is at it today. They are confirming their being sworn ernemies of FTJ. Just because Chiluba cant write about them the way they do about him. It seems they r still angered by Chimumbwa’s loss of Nchanga seat, since it is the genesis of LPM’s frustrations and threats on FTJ.It is amzing hw the New Deal and the Post hate Kafupi. It appears ka Kafupi is still very popular.

  17. you see guz,just wait for LPM to step down in 2011,pipo today who are seemingly close to him will be the one who will persecute him plus his sickness i tell you he will be worser than Kafupi,abena Zed ni ba muselela kwa kaba,you just dont know who to trust,not even your own shadow…

  18. Wow guys,very interesting comments coming forth hey?The Lusaka Times Editor really needs to take some time and view some of the comments that have been coming out these days and device a plan of how we could stop all these insults.Just like #11,I dont think this blog was meant for insults and should this continue going on I think that it will not achieve it’s intended purpose.Everybody,I thought we would be more mature than this and only air our views as INTELLECTUALS that I believe we ALL R.

  19. Concerning counterfeit Kwacha notes, as long as people need to make ends meat out there, these things will not stop especially with the accumulating rate of foreigners in the country. BOZ & Law-enforcement or whoever (POLICE) they should take action especially during this festive season so that innocent people should not be found held up by the officials as a result.ONE ZAMBIA, ONE NATION!!!!.

  20. Dr Chuchu’s chipumputu is making him to forget easily. Shouldnt he also appreciate and be grateful to FTJ who immediately evacuated him SA when he had that nasty incident.

  21. life @ Zed is interesting and it will always be a blessing for me to be a Zambian if i had a chance of choosing a nationality @ birth io would have chosen to be a Zambian,thank God he give Mother Zambia though pipo dont Vote wisely plz 2011 vote Wisely imagine i havent eat my Breaky nt coz i chose to, but i dont have it let make our future worth living by Voting wisely in 2011 so we can @ list have good meals in a day like THEM.

  22. Is this SATA story true? Where can I get the whole info? I hate to say sometimes our pres gets so petty at times.He should let pipo judge him not sing his successes.He has definately done better, but he tends to undo himself so often he comments or answers silly petty issues.

    Lets not be xenophobic,the moment we start using the word “foreigner”, we will be judged like that.Lets be welcoming pipo while saying “1 Zed 1 Nation”.

  23. # Illness is like death you do not mock or rejoice when it afflicts others including your enemies. Levy, Chiluba and Sata have all taken turns at each to mock.
    Look at them one has a heart condition which inhibits home from enjoying the pleasures of a stolen woman and money, another has a speech and memory problem which stops him from responding sacarstically to to every Ji and JACK. The other one is shitting blood and his lungs are full of fluid. He is without strengt to insult.

  24. #25, are you sure you have not had your breakfast?Iye I feel for you mwandi especially that you are so proud of our country. I think we should start a campaign just for you to make sure that you eat your breakfast every morning. (Dee)Another Proud Zambia. Given a chance & Choice to choose & to be born again……I would choose Zambia no doubt.

  25. Why on earth should an acting Currency Manager from Ndola Region be paying a courtesy call on Kasama’s District Commissioner?

  26. SPECIAL ANNOUNCEMENT FROM ZBS (Zed Boasting Services): I, chuchu, the current presdo of Zed hereby, nominate Fred Mmembe to be next presdo of Mad Muwelewele Devils party and substantialy republic presdo becoz now he has come to his senses and his comments are always in my favour. He critisises me not, becoz I had already whispered to him for this important job.

  27. I welcome the Editor’s move to curtail posting of irrelevant material on the site but do differ with the methods of trying to achieve this. Firstly, this should not have been put to a vote. It’s one thing we all have found annoying and an urgent solutions begs. Secondly, the options available don’t help much. I thought the Editor would tackle this administratively and help clean this site. Displaying the IP addresses of the lunatic postings wont help much but curtailing is what will help. Thanks

  28. Sata is not sick, he is merely underground strategising on how best to undress the chinese and the Movement for Money Delivery MMD,watch is space for details…

  29. Finally we are going to have a blog site where mature views can be expreesed. Well done bwana editor, we were sick and tired of these insults.

  30. KUKU are you the true one then welcome back. We miss you. How was Dubai? I would suggest that LT keep records of IPs and in case of investigations today its easy to trace imposters. Look at that teacher in Thailand who was making porngraphics with a twisted face, he was caught and now he is behind bars. Now back to the issue of notes BOZ should ensure that the culprits are brought to book. We cant have a such a situation where our currency can be easy be copied imagine if they land in hands of–

  31. ctd innocent pipo. We need a notes which are easily to copy. Also shops and business houses should have a machines to detect these notes.

  32. Prof Chirwa links road traffic jams to collapsed rail system. He is partly right and do agree with him but we have to discuss some issues.

  33. what nonentity is #18 (investor) parading; get the bugger back to his cage and lock it don’t leave it open this time because living the his cage open again will amount to treason.

  34. #16

    Given Lubinda and Reuben Lifuka are not ‘transparent’ enough to be Presidents of Zambia. We don’t want sellouts or people who take tribal sides. We need clean and uniting leaders not divisionists!!

    #30 & 31

    If it is true that homo fred has failed his exams then he should stop writing anything to do with law in his “BS” paper bcoz he has no clue on law issues. Didn’t he also fail his AIDS test some time back? I’m told one of his boy friends is dying in Chilenge!

  35. Sata chinyengenyenge chamuletela chinyenyenyee, chinyenyenyee, chinyenyenyee. Mwebanthu, sata chinyengenyenge chamuletela chinyenyenyee, chinyenyenyee, chinyenyenyee.

  36. With ba Boss in a fallen state, its either Ba Kambwili, nangu Ba Willie Nsanda or Wife Peggy takes over bu Presido, otherwise i must confess we have our hands full in a quagmire. Aids is a bad terminal disease that has deprived the nation of its best. We need a fighter to guide us not Lubinda a compromised Chuchu’s fellow lenje plant in PF.

  37. Chinese Investment in Africa and Implications for International Relations, Consolidation of Democracy and Respect for Human Rights: The Case of Zambia

    By

    Michael Chilufya Sata
    President
    Patriotic Front, Zambia

    Paper presented to the Harvard University Committee on Human Rights Studies Events Series, October 24, 2007, Harvard University, Cambridge, Boston, MA
    Chinese Investment in Africa and Implications for Internati

  38. pf1000

    Sata chinyengenyenge chamuletela chinyenyenyee, chinyenyenyee, chinyenyenyee. Mwebanthu, sata chinyengenyenge chamuletela chinyenyenyee, chinyenyenyee, chinyenyenyee.

  39. guys,common with the jokes.The chap that wrote that sata was sick and being treated is an liar working to promote a ver unnecessary debate.First Dr. kawimbe for over one year has been living in conecticut, secondly there are better sources we could have hear from, thirdly;How many of you commenting know your status? sickness like death is not a laughing matter, one way or another we will all go, just the means are diffrent.And am sure among u are family members with HIV. quit stigmatizing pliz.

  40. #45 imposter,
    ba joze is out there in space shattle to mars and will start posting in 2k8.If anything he supports Guy Scott to take over and that,s why they differed with Sata.Meanwhile Sata is fit and disease free but the post has wadged war against him.

  41. Guys vote for RB Sata is living on string of stollen property. If you do not agree ask him why he was fired as a constable in the colonial police, ask also where he got his houses in Avondale, ask him about MEZAF Scandal, where he go us$27,000 confiscated in RSA, why Levy resigned as a vice president in 1993? ask him about the ANC houses in Kabwata estate. let us talk over tea if you want more infor.

  42. Now that politics are over can you apologse for such senseless ulterences

    Remember we are all human and we have feeling.

  43. Bushit!
    LT is useless.
    Tall stories instead of newsworthy stories & u people actually read this shit!
    I’m sure mos’ of u aint in Zed.

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