Rebasing of the Zambian Currency: How does this affect your Accounting and Financial System?
The Bank of Zambia announced the rebasing of the Zambian Kwacha currency. The currency rebasing exercise covers the replacement of all Zambian banknotes and coins currently in circulation with the rebased currency.
In order to ensure preparedness, the Bank and all stakeholders have identified areas that will be impacted by the impending currency rebasing exercise. From a financial systems point of view, the rebasing process has massive impact on your accounting and financial system.
AccTech has engaged with several clients and have progressed successfully to the completion of phase one in preparation of rebasing. We have a unique approach to ensure your financial and accounting system of a smooth transition.
We urge all Zambian companies to contact us for more information. Click HERE to contact us…
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