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Mutinta Lumayi Urges Zambians To Form Cooperatives

Mutinta Lumayi Urges Zambians To Form Cooperatives

  Mutinta Urges Zambians To Form Cooperatives ZAMBIANS must not underestimate the economic benefits of belonging or forming cooperatives. This is because cooperatives can be a form of job creation and also investment opportunities are availed to members. MUTINTA LUMAYI, the Care Cooperative Savings and Credit Society Limited General Manager says cooperatives contribute to the country’s economic growth. Ms. LUMAYI says a number of people have started and cultivated their businesses through the savings and loans obtained from cooperatives. She says Government and the Private Sector can only do so much as far as job creation is concerned adding that the real deal lies in self-employment. Ms. LUMAYI spoke in an interview with Loyola Television News in LUSAKA. Care Cooperative Savings and Credit Society Limited is a credit cooperative which gives out loans and encourages saving among members. It has more than five thousand members and is worth more than 100 000 000 kwacha in loans. Ends/Loy

Congratulations President-Elect; Hakainde Hichilema!

    NATIONAL ASSEMBLY OF ZAMBIA PARLIAMENT BUILDINGS       SPEECH DELIVERED BY THE CLERK OF THE NATIONAL ASSEMBLY AT THE VIRTUAL LAUNCH OF THE NATIONAL ASSEMBLY OF ZAMBIA SAVINGS AND CREDIT COOPERATIVE SOCIETY LIMITED (NAZ-SACCO) ON WEDNESDAY, 4 TH  AUGUST, 2021       REPRESENTATIVES OF THE NATIONAL ASSOCIATION FOR SAVINGS AND CREDIT UNIONS (NASCU);   BOARD MEMBERS OF OTHER SAVINGS AND CREDIT CO-OPERATIVES (SACCOS) PRESENT;   THE INTERIM BOARD CHAIRPERSON OF THE NATIONAL ASSEMBLY OF ZAMBIA SAVINGS AND CREDIT CO-OPERATIVE SOCIETY LIMITED (NAZ-SACCO), MR MICHAEL MUKUKA;   THE ACTING GENERAL MANAGER OF THE NAZ-SACCO, MR SAGE SAMWIKA;   THE INTERIM BOARD OF DIRECTORS OF THE NAZ-SACCO; STAFF OF THE NATIONAL ASSEMBLY OF ZAMBIA;   LADIES AND GENTLEMEN;     Good morning.    On behalf of the Hon Mr Speaker and indeed on my own behalf, allow me to express my sincere gratitude for your attendance at today’s virtual launch of the National Assembly of Zambia Savings and Credit Cooperative Society L

LAUNCH OF THE NATIONAL ASSEMBLY OF ZAMBIA STAFF SAVINGS AND CREDIT COPERATIVE SOCIETY (NAZ SACCO)

    NATIONAL ASSEMBLY OF ZAMBIA PARLIAMENT BUILDINGS       WELCOMING REMARKS BY THE INTERIM BOARD CHAIRPERSON OF THE NAZ SACCO  ON THE VIRTUAL LAUNCH OF THE  NATIONAL ASSEMBLY OF ZAMBIA STAFF SAVINGS AND CREDIT COPERATIVE SOCIETY (NAZ SACCO) HELD ON FRIDAY, 30 TH  JUNE,2021       THE CLERK OF THE NATIONAL ASSEMBLY OF ZAMBIA, MRS CECILIA N MBEWE THE REPRESENATIVES FROM NATIONAL ASSOCIATION FOR SAVINGS AND CREDIT UNION (NASCU) BOARD MEMBERS FROM OTHER SACCOs PRESENT THE ACTING GENERAL MANAGER FOR THE NAZ SACCO, MR SAGE SAMUWIKA THE INTERIM BOARD OF DIRECTORS FOR THE NAZ SACCO STAFF OF THE NATIONAL ASSEMBLY LADIES AND GENTLEMEN   LET ME TAKE THIS OPPORTUNITY TO WELCOME YOU ALL TO THE OFFICIAL LAUNCH OF THE NATIONAL ASSEMBLY SAVINGS AND CREDIT CO-OPERATIVE (NAZ SACCO).   IT GIVES ME PLEASURE THAT FINALLY THE NAZ SACCO IS BEING LAUNCHED TODAY, 30 TH  JUNE,2021 AFTER A LOT OF WORK THAT HAS BEEN DONE IN THE BACKGROUND. I MUST HASTEN TO INDICATE THAT EVERYTHING REMAINING CONSTANT, THE NAZ SACC

NASCU ANNOUNCE THE UNIONPAY INTERNATIONAL PRINCIPAL MEMBERSHIP FOR SACCO MEMBERS IN ZAMBIA

Lusaka, Zambia, 1st December 2020 – The National Association of Savings and Credit Unions (NASCU), the apex organisation for all financial cooperatives in Zambia, today announces the partnership with UnionPay International; UnionPay International is the leading Card Payment organisation in the world. The partnership will promote usual international operations in relation to 179 countries and regions, of UnionPay global network all over the world composed of more than 2300 partner institutions, more than 52 million merchants, 2.9 million automated teller machines, In addition, more than 8.4 billion cards has been issued in more than 61 countries and regions.     The secured principal membership extends NASCU’s financial inclusion program to reach all cooperative society members, savings group and village banking members. Within this environment, NASCU has introduced a secure, efficient, and transparent electronic accounts structure to deliver savings, transacting and loan accounts to me