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This research study posits that uncertainty surrounding the future direction of monetary policy is a critical determinant of volatility in government securities. In particular, it emphasizes that fluctuations in the policy rate often used as the primary instrument of monetary authorities play a...

Since independence in 1964, there has been an urgent need for economic development in Zambia, which led to the establishment of the Development Bank of Zambia (DBZ) as a source of long-term finance for development.This thesis examines the role of DBZ in the development of the country,particularly...