The Luapula Province Chiefs Council and Financial Sector Deepening Zambia (FSDZ) have signed a memorandum of understanding to launch the Financial Inclusion through the Traditional Leadership Project in the Province.

The project which is aimed at empowering and improving people’s lives in Luapula province will run for three years at a cost of UK £1.5 million pounds.

Luapula Province Minister Nickson Chilangwa says the signing of the Project is timely as traditional leaders have been facing challenges in their chiefdoms.

Mr. Chilangwa says government will ensure that the launch of the financial inclusion for Traditional Leaders project in the province succeeds and benefits go towards its intended purpose.

ZANIS reports that the provincial minister said this in a speech read on his behalf by Luapula Province Deputy Permanent Secretary Royd Chakaba during a meeting held at the Provincial Administration offices in the conference room today.

And Financial Sector Deepening Zambia Chief Executive Officer Betty Wilkinson says the project will grow financial capabilities among the households and individuals through the establishing of savings groups in the Province.

Ms. Wilkinson says the Financial Sector Deepening Zambia is optimistic that the project will help improve the lives of people in Luapula Province.

Meanwhile, Luapula Province Chiefs Council Chairperson Senior Chief Mwewa of the Ngumbo people has commended FSD Zambia for accepting to work with the traditional leadership and people of Luapula.

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8 COMMENTS

    • These who we are…. Abena Ng’umbo, fwebabelela ukusamba pa nyika.
      It was supposed to be Balotseland, but the Lozi chiefs are …,. Sorry @Ndobo.
      It’s a fact.

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    • During the numerous constitution reviews we had, it has always been proposed that Zambia become a Federal Government but KK could not assent to this. His reasons were that some provinces would suffer since they didn’t have adequate resources and especially that the copperbelt had all the resources that supported the entire country.

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  1. This looks like a genuine organisation with a project brief to provide genuine empowerment programs not PF programs where they handout money to drunkards. It has a long list of partners on its panel drawn from financial service providers, policy makers, civil society, and other stakeholders.

    fsdzambia.org

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    • Yes it is geniune.
      And there meeting are solid.
      They only eat 2 chicken and share a Calabash of katubi at end.
      Powerful people.

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  2. l hope these guys won’t exterminate each other, they are fond of sending others fireworks. That amount can cause a sauvo of crackers

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  3. half BAKED INFORMATION… WHAT ARE THE MOU CONTENTS, HOW WILL THE FINANCIERS BENEFIT? IS IT A SOFT LOAN? WHY SELECT LUAPULA CHIEFS? IS GOVERNMNET ACRUING THIS LOAN AND TREASURY IS PROVIDING GUARANTEES? WHY IS THE LOAN COMING WHEN HON.KALABA RESIGNED? IS IT KALABAS EFFORTS TO WIN LUAPULA FOR HIS 2021 CAMPAIGN ? DID HE GIVE FUNDS TO THIS UK ORGANISATION HIDING IN IT BUT EVERYONE KNOWS ITS HIM? SO MANY UN ANSWERED QUESTIONS

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