Stay Easy pays NAPSA $2.2mn div­i­dend…

Zambian Business Times - - FRONT PAGE -

NAPSA has re­ceived a div­i­dend of K21,990,327 (about US$2.2 mil­lion) from its wholly owned Levy Busi­ness Park Ho­tel, trading as Stay Easy Ho­tel in Lusaka.

Stay Easy Lusaka is a bud­get-friendly city cen­tral ho­tel in Zam­bia’s cap­i­tal that’s an ac­com­mo­da­tion fa­vorite for busi­ness and leisure.

In an ex­clu­sive in­ter­view with the Zam­bia Busi­ness Times, Stay Easy man­ag­ing di­rec­tor Paul Nor­man said that the ho­tel’s over­all per­for­mance was very good con­sid­er­ing that it had less cost and a good oc­cu­pancy.

NAPSA has re­ceived a div­i­dend of K21,990,327 (about US$2.2 mil­lion) from its wholly owned Levy Busi­ness Park Ho­tel, trading as Stay Easy Ho­tel in Lusaka.

Stay Easy Lusaka is a bud­get-friendly city cen­tral ho­tel in Zam­bia’s cap­i­tal that’s an ac­com­mo­da­tion fa­vorite for busi­ness and leisure.

In an ex­clu­sive in­ter­view with the Zam­bia Busi­ness Times, Stay Easy man­ag­ing di­rec­tor Paul Nor­man said that the ho­tel’s over­all per­for­mance was very good con­sid­er­ing that it had less cost and a good oc­cu­pancy.

Nor­man said that the ho­tel is of­fer­ing ex­cel­lent cus­tomer service lev­els as its strat­egy to drive rev­enue gen­er­a­tion know­ing fully that that’s the main key be­cause a ho­tel would want its guests to re­turn and it’s only by of­fer­ing them good ser­vices that they will do so.

NAPSA has re­ceived a div­i­dend of K21,990,327 (about US$2.2 mil­lion) from its wholly owned Levy Busi­ness Park Ho­tel, trading as Stay Easy Ho­tel in Lusaka.

Stay Easy Lusaka is a bud­get-friendly city cen­tral ho­tel in Zam­bia’s cap­i­tal that’s an ac­com­mo­da­tion fa­vorite for busi­ness and leisure.

In an ex­clu­sive in­ter­view with the Zam­bia Busi­ness Times, Stay Easy man­ag­ing di­rec­tor Paul Nor­man said that the ho­tel’s over­all per­for­mance was very good con­sid­er­ing that it had less cost and a good oc­cu­pancy.

Nor­man said that the ho­tel is of­fer­ing ex­cel­lent cus­tomer service lev­els as its strat­egy to drive rev­enue gen­er­a­tion know­ing fully that that’s the main key be­cause a ho­tel would want its guests to re­turn and it’s only by of­fer­ing them good ser­vices that they will do so.

“Stay Easy ho­tel makes sure there is con­trol, good gen­eral con­trols at all lev­els, start­ing from the junior staff who use the prod­ucts, to the se­nior staff who sign the or­ders,” Nor­man said.

Nor­man fur­ther dis­closed that good service lev­els and con­sis­tency is what dis­tin­guishes Stay Easy Ho­tel from ev­ery other ho­tel and that the man­age­ment team looks forward to grow­ing the per­cent­age of clients in the years to come.

Mean­while, the Na­tional Pen­sion Scheme Author­ity (NAPSA) has con­tin­ued to regis­ter pos­i­tive gains from its di­ver­si­fied in­vest­ment port­fo­lio as ev­i­denced by the re­turns the author­ity has con­tin­ued to re­ceive from its in­vest­ments.

Speak­ing on be­half of the stake­hold­ers when re­ceiv­ing the div­i­dend cheque, NAPSA di­rec­tor gen­eral Yol­lard Kachinda at­trib­uted the pos­i­tive growth of the in­vest­ment port­fo­lio to NAPSA’s pru­dent man­age­ment of the work­ers’ con­tri­bu­tions in line with the in­vest­ment guide­lines.

He said NAPSA re­mains op­ti­mistic about the out­look of its in­vest­ments in the hos­pi­tal­ity in­dus­try and Stay Easy Ho­tel is one such great suc­cess story in its quest to grow the pen­sion fund for the ben­e­fit of its mem­bers.

And the di­rec­tor gen­eral as­sured all em­ploy­ees con­tribut­ing to the scheme that the author­ity will con­tinue to pro­tect the wel­fare of the ci­ti­zens through pru­dent man­age­ment of work­ers’ con­tri­bu­tions by en­sur­ing that the choice of in­vest­ments will be that which brings mean­ing­ful ben­e­fits to the own­ers of the money - the work­ers.

He said that all mem­bers that NAPSA will plough back this money that it is re­ceiv­ing in other high yield­ing as­sets and best per­form­ing fixed in­come se­cu­ri­ties in line with its fidu­ciary role in pen­sion ad­min­is­tra­tion.

NAPSA will con­tinue to care­fully se­lect its in­vest­ments to main­tain a fi­nan­cially sus­tain­able scheme for the work­ers of this coun­try who are its ma­jor stake­hold­ers.

Stay Easy Ho­tel in Lusaka, Zam­bia

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