
President Banda has reduced by 50 percent the prices for the sale of RAMCOZ houses. Similary, the Presidential decree has affected all Zambia Forestry and Forest Industries Corporation (ZAFFICO) houses.
” I wish to inform the people of Luanshya that with immeadiate effect, the price of RAMCOZ shall be sold to sitting tenants at 50 percent of the 2006 price,” he said.
The President said this follows sitting tenants’ petition for him to consider revising the asking price of the said housing units. The move will affect 2000 families.
Mr. Banda stated that prices for the sale of RAMCOZ houses should be sold to sitting tenants at 50 percent of the 2006 evaluation.
He said he had accepted the recommendation from the Vice President George Kunda, as Justice minister and supervisor of the Administrator General, that the houses of be reduced by 50 percent.
He disclosed this during a public rally at Dola Hill in Ndola today.
President Banda announced that the Ministry of Lands has already started processing offer letters to all sitting tenants.
He urged the Ministry of Lands to promptly issue all offers and certificates of title.
President stated that he was not prepared to have delays in the issuance of certificates of title as has been the case with the Zambia Consolidated Copper Mines (ZCCM) houses.
Meanwhile, the President has handed over five letters of offer to sitting tenants of ZAFFICO to purchase their houses at prices ranging from K4 million to K1.5 million.
The beneficiaries include a Mr Bornface Kasote who will pay K3.5 million, Maxwell Kalyamato K4 million and Moleon Muthali who will pay a paltry K1.9 million.
Others are Wisdom Musonda K1,9 Million and Davies Ngulube will pay K 1.5 million for his house.
He said having shelter gives dignity to the family and hence his government was committed to empowering the citizenry with accommodation for them to be economically empowered.
And President Banda has promised to find a person that provide funds to purchase a house for a widow of an ex ZAFFICO employee.
President Banda stated that he was touched when he saw the woman and her children when he inspected the housing units and felt duty bound to find someone who will buy her the house.
About 2, 000 Zambians will benefit from the sale of ZAFFICO and RAMCOZ houses.
ZANIS