DE$-$DOLLARISATION: THREAT OR OPPORTUNITY? In general terms, the concept of de$-$dollarization refers to the process of reducing reliance of an economy on the United States $($US$)$ dollar$-$the world's reserve currency. In Zambia's context, this means discouraging the use of dollars in domestic transactions, and promoting the use of the Kwacha. The process is complex and its implementation can have both positive and negative effects on the economy. The Bank of Zambia $($BoZ$)\text{'}$s proposed policy aims to promote the use of the Kwacha as the sole legal tender within the country. They are on firm ground legally. While de dollarization offers potential benefits, such as enhanced monetary policy control and reduced exchange rate risks, its implementation poses challenges. REQUIRED: In the foregoing, discuss and delve into the advantages and disadvantages of de dollarization, exploring successes and failures which are key to providing valuable insight, and recommend Zambia's path forward.