State House has said that President Hakainde Hichilema’s emphasis on the need for NAPSA to transition towards a partial access model which allows contributors to tap into their contributions at the peak of their work is a clear demonstration of his desire to see workers given the opportunity to invest for the future.
Presidential Spokesperson Anthony Bwalya said that President Hichilema is aware of the challenges workers face when attempting to source conventional capital, including high-interest rates and demanding collateral requirements.
He said this is why he is placing a high premium on the success of the proposed public pension reforms for partial access to contributions so that these traditional challenges can be mitigated.
Mr Bwalya said that the President and the new administration are deeply passionate about the role of the private sector in spurring sustainable economic growth through aggressive job creation and that the government has established the Public-Private Dialogue Forum so that traditional barriers to private sector-led growth can rapidly be resolved.
Mr Bwalya said that President Hichilema has further demonstrated his commitment to broader and inclusive legislative representation for women, the youth and the differently-abled by prodding the need to progressively transition towards a proportional representation parliamentary model.
He said that this will ensure public policy becomes more and better inclusive of the needs of women, the youth and the differently-abled in society.
Hh wants this hh wants that but he never gets any of it done. Ale sabayila fye like he was bewitched. Fuseke
HH WILL GET IT DONE EVENTUALLY
ITS NOT AS SIMPLE AS SOME THINK
FIRSTLY PEOPLE IN HIGH POSTIONS HAVE TO HAVE THEIR MINDSET REALIGNED
Great plan by HH and the UPND.
With the high levels of personal debt in many Zambian households.The can help relieve the stress and provide some breathing space.
The PF passed on this disease of debt to the ordinary citizens.
Not everyone can be an entrepreneur. All over the world entrepreneurs are a tiny minority
Most people hv to make do with working for this tiny minority.
This is a good model allowing members to partial cash out its also available on some private pension schemes in the UK. AVIVA allows its members to partially withdraw some of their pension when they attain the age of 55.
Nemwine – Stop contradicting yourselves and thinking out aloud.
So the Gary saga is now water under the bridge! Awesome
@Dontcare: Where else did you think it was? In your underwear?
One thing is known, president HH is 5th best president in Africa. KZ, Henry, Saulos, Nemwine etal, should congratulate the president
Yeah. I thought so. In my underwear
Implement please when is it going to be done?
You should say starting July we are implementing the following as Regards NAPSA
I think it’s good move & direction to civil servants who have worked for twenty years in service.HH go ahead & implement currently lifespan is short.