Central Province Minister Ackimson Banda says financial literacy is key to Zambia’s development and poverty mitigation. Mr. Banda has noted that with a better understanding of finances, people can be able to build their own financial resources in their communities and sustain their livelihoods.
He was speaking yesterday at the official launch of an initiative called Banking on Change Partnership between Barclays Bank and Plan International.
ZANIS reports that the Minister noted that the initiative is not only in line with the Millennium Development Goals (MDGs) but also with Government’s vision of becoming a middle income country as spelt out in the vision 2030.
Speaking at the same occasion, Acting Barclays Bank Managing Director Bedah Salasini said the partnership between the two will provide a great opportunity for them to complement Government efforts in addressing issues of basic financial needs for the poor.
And Plan International Country Director Tim Badge pledged his organisation’s commitment to achieving the intended target.
So far, under this initiative 143 groups have been mobilised in Mazabuka district of Southern Province while 146 have also been organized in Chibombo district,
ZANIS
Stifles a huge yawn and turns the page……..
The inconvinient truth is this plan doomed right fron the start.One clue to that there is no persons here blogging about it and #1 is an indicator to that.If it were politics then you’d have very numerous blogs but “poverty alleviation” and “financial literacy” are subjects that don’t interest zambians.The trajedy is it is the same people complaining of poverty in zambia.The reason zambia will remain poor is many just want employment and nothing to think too hard or boring like”financial literacy” and such stuff and this is why our companies fail and we get foreign investors to rescue us because we fail to improve our business skills or be serious about them.