IZB to drill boreholes in Lumezi

LUMEZI Town Council Chairperson Oliver Mwale has commended Indo Zambia Bank (IZB) for its commitment to uplifting the welfare of people in Lumezi.

IZB has through its corporate social responsibility offered to sink five boreholes to improve access to portable water following a request by the local authority.

Mr Mwale said the local authority was delighted for the gesture by the bank as it will benefit hundreds of its residents, particularly those in the remotest parts of Lumezi who lack access to clean drinking water.

“We are also grateful that as a bank, you have extended services of some agents in Lumezi thereby, cutting down on travel costs and time for our people seeking your banking services in the nearest town of Lundazi,” Mr Mwale said during a recent meeting with IZB delegation managing director, Kowdichar Shashidhar.

He described Mr Shashidhar’s visit to the district as historic since his appointment in 2020.

“Lumezi Town Council is proud to associate itself with Indo Zambia Bank and is committed to continue supporting you as a business to grow. I wish to bring to your attention that as a local authority, we currently hold five different bank accounts with your bank and 98 percent of our employees are banking with you. This shows how much confidence the people have in your bank,” Mr Mwale said

And Mr Shashidhar, who was accompanied by IZB General Manager, Godwin Ngoma, Head of Operations, Sugeth Sethi and Lundazi Branch Manager, Mildred Bwalya said the financial institution, a successful joint venture between the governments of Zambia and India.