ZAMBIA SCOOPS GLOBAL CONSUMER PROTECTION AWARD

ZAMBIAhas scooped the second category of the International Consumer Protection and Enforcement Network BUUMBA CHIMBULU ance of new Special Drawing (ICPEN) award which Rights (SDR) at the Internation- AFRICA’S focused on success stories economies al Monetary Fund (IMF), which require short-term agreed to provide US$650 bil- on financial consumer Sokwani Chilembo, policies that said will in en- an lion. protection interview in the that digital the era. tax able them to get offsets more Africa, Dr Okonjo-Iweala

New Zealand compa- were currently fiscal also won stimulus, happening this says World at said, would get US$34 billion undertaking company Trade BUUMBA category CHIMBULU of the year’s second level. Organisation ( WTO) but indicated that more may be CRUSHERS

ICPEN awards, according to Gov- “It happens, it has been Director General, Ngozi Okon- allocated. Zambia happening for a long time. So jo-Iweala. Edible “We can use this to help im- the it Competition is an on-going and Consumer process, it is plement more fiscal stimulus

Protection Commission (CCPC) part of Dr the Okonjo-Iweala Oils whole process. Refiners reiterat- So so that our economies can have it is on-going. ed her call Association They to restructure happen debt at

Senior Public Relations Officer, company (CEDORA) owed level. by African has called countries for to the ability to recover. Moreover,

Namukolo Kasumpa. enable them further development provide economic of

“I will need to make con- some liquidity should go to the measures stimulus that for their will support economies private sector.

The tacts, three we nominees do not under comment on it the and edible accelerate oil value recovery chain from in “You know that in rich coun- the without named category making were direct the

Zambia. contact with the Covid-19 members. devastation. We tries, private sector has gotten

CCPC Zambia, Ireland and

Further developing of need sup- to speak portive to She them measures stressed then the will importance give ensure you access to credit and liquidities

New Zealand respectively. some that to information. discuss oil seed debt cultivation restructuring So let in me that enabled their Small and

Ms Kasumpa and find out Zambia from giving explained African becomes them,” an economies increas- Mr Chil- Medium Enterprises (SMEs) to that embo during ing fiscal said. the and competition, space core to component recover. capability in the rural areas of recover,” she said.

CCPC virtually presented the Recently, small-scale This, she ZCM farming, explained, president, says would of Zambia At the under same meeting, the Rural United campaign Goodwell CEDORA conducted allow African Mateyo, Director, among governments indicated Aubrey to Finance Expansion Program Bank for Africa (UBA) Chair- that the Chibumba. invest Chamber not only on was the in health dis- realising man, Tony this Elumelu, potential urged and gov-

50 schools cussion side Dr through but Chibumba also the on creation the indicated economic (RUFEP). with Government for we a ernments are excited and business by the leaders fact of posters possible which debt were swap. targeted “The posters distributed that doing so would help to that Government policy and side. in Africa to prioritise youth em- towards the rural “This population, is how we

Mr achieve Mateyo some said of the national once conveyed the Zambia tips of messages Revenue Authority goals as espoused in the are 7th going powerment and job creation. have been extremely support- financial discussion service to recover,” was Dr fruitful, Okonjo-Iweala Gov- on full Mr disclosure Elumelu, also of financial Founder National providers Development and Plan ive. of ernment said to Foundation

financial sector regulators. consumer that was at would a virtual poverty UBA not reduction, Africa have Day services, the Tony privacy Elumelu of

“It is our hope that with this pay cash Conversation from the 2021. treasury but crop diversification and in- message ( TEF) stated our Government that by prioritising can This allow was dustrialization. entities aimed at enhancing owed refunds financial data, financial

She acknowledged efforts to be youth assured empowerment that we as stake- and job

financial inclusion by “CEDORA President and consumer redress, use of is Paul fully Kagame of holders creation, in the countries oil seed would value be mitted Rwanda to to achieving push for the issu- chain able are to improve fully prepared the standard to

Hard currency is money that comes from a country with a strong government and economy and that is not

border likely to lose its value. cent of the respondents IMF Division were Chief Re-

aware of digital financial search Department, Malhar Shyam Nabar, expressed services and products,” By BUUMBA she CHIMBULU

concern that the conditions

said.

had been ALL A CANADIAN tax extremely collecting firm, systems tight GoviEx for Ms Kasumpa Sub-Saharan said about 80 Africa

at Uranium, the new Kazungula has executed over One the a per cent felt empowered Stop to Border past several months. Post (OSBP)

drilling contract with Hydro Mr are Nabar ready to said start operations a turn-

make digital financial wealth and support the Tech decisions Drilling and Explora-

around immediately in conditions after the official and munities they resulting live in. from the acquisition tion (Z) Limited

better opening access of the for project Sub-Saha- to undertake “We must, of therefore, information ensure ran on financial African scheduled issuers to take

exploration in the place to company’s access this

consumer protection in the that these young ones are made external month. Mutanga hard Uranium currency Project bond in and not erased. We must create markets Zambia. According would to the certainly Zambia

digital era, among others. an enabling environment for help Revenue with Hydro improving Authority Tech will (ZRA), also the deal

The award was during all our young entrepreneurs outlook. to with systems, the

resource processes, delineation

ICPEN annual conference “In terms crushing capacity with two procedures, of and people what

succeed and empower them to drilling programmes focused the new plants under construc- are all ready to take up the create the jobs under that the would Canadian lift Presidency at the company’s

global outlook means Mutanga for tion and that would be opera- challenge at the new border

Sub-Saharan Uranium Project Africa, in Zambia. of tional the by continent year end which to of prosperity,” this was conducted post. virtually

year. Mr “CEDORA Elumelu said. is fully commit- course, the partial Tech is recovery a Zambian

from June 23 to 24, this year.

ZRA Hydro is the lead border ted to And achieving President and Kagame realiz- urged that we agency drilling are at company projecting Kazungula that assisted specia- next

This shows increased year clearly a ing African this potential leaders and to we develop are has agencies beneficial

by lises other in groundwater border and ex-

confidence in excited the political by the fact will that to make gov- free impact Zambia’s such

for the outlook in ploration as Immigration, drilling and has been ernment movement policy of initiatives people within with the regards and Zambia terms Ministry of stronger of Health, Ministry external

operating for seven years. Revenue continent Authority a reality have in been order demand. to of Agriculture, Ministry of

to financial education by With the

key reissued element Compulsory Chirundu re- extremely supportive. “But Mines, one Zambia facilitate African trade.

members of the ally ICPEN is “It is our hope that with Standards Mining Permit, the Agency, external GoviEx Zambia is keen fi-

Mr Kageme community. called for in- nancial Police to get conditions, and back Road to advancing Transport which the this message our government can vestment be assured that that would we enable as have been and Zambian Safety extremely assets Agency. with the tight de-

The ICPEN awards are stakeholders the continent in the to be oil part seed of the for Sub-Saharan velopment The ZRA has of Africa Mutanga, therefore over says

financial products/services, of living on the continent and value fourth chain are industrial fully held once revolution annually and prepared the past indicated company were

several that Chief months,” it will Executive move its Of- he address cybercrimes the challenge and of unem- cyber security that has introduced during

said the during regional Zambian customs a recent command press to play our part been to contribute changing how ficer, Daniel Major. ployment. as well as awareness on online Presidency in briefing. 2018-2019. to our people’s national lives objectives,” and work. Dr centre from Livingstone to

Mr Major said the proj- play our He stressed part to contribute that the priority to Chibumba. “The social and economic ef- The Kazungula. IMF, he said, had

transactions. The awards are meant ect to benefits from simple and our for national Africa was objectives,” the empower- he He fects observed of the pandemic the need are to very stepped The new facilities are

“The poster competition and acknowledge and celebrate straight in with forward very operations wide- said in a statement. re-examine current approach expected to improve trade ment of its youths and ensur- clear. We are counting on our spread support

to low-waste on conces- stripping,

other interventions collectively Dr Chibumba stressed that towards oil seed breeding and facilitation due procedures ing the creation of jobs and continents resilience the different to see initiatives us and

sional financing and debt oil seed cultivation and pro- the current high cost of certi- low acid reduce consumption transit time and of po-

increased financial consumer through crisis. by service member relief to try and cessing economic provided opportunities an opportu- even fied oil seeds. this interventions

about tentially two one to seven of the days lowest to cap- nity during to awareness very difficult especially times. among “Fortunately, countries in various areas expand the agriculture He said it was we in the are working in- conserve about liquidity for these

ital expenditure two hours, says requirements ZRA

rural citizens with evaluations of interest with regards sector. “We have seen how our terest together that a as mechanism a continent was with economies. Corporate Communications

of to its African peers needed to He young said ones this was despite a sub-sec- Covid-19 implemented our partners for to developing build Africa’s Manager, Topsy Sikalinda.

done indicating that 98 per consumer protection.

over their talents, 800,000 exper- new vaccine high yielding manufacture breeds capacity,” to get Mr into Sikalinda production. explained in tor leveraged with

“The mine plan tonnes tise of and installed technology soya to bean create maximise he said. on utilisation.