Government says the legal framework for the social security and protection policy has been established.
Labour and Social Security Permanent Secretary Chanda Kaziya disclosed this today in Ndola when he paid a courtesy call on his Copperbelt Province counterpart, Bright Nundwe yesterday.
Mr. Kaziya explained that he was in the province with teams from his ministry, National Pensions Scheme Authority (NAPSA), ZICD, Workers’ Compensation Fund where the Regional Director International Labour Organisation for Malawi, Mozambique and Zambia is expected to join the team on an extended social security and protection program to the informal sector in the province.
He said his team will start with Fisenge and Kapelembe pilot projects to monitor how the implementation of the project is fairing.
NAPSA BECOMES MAJORITY SHAREHOLDER IN ZAMBIA INDUSTRIAL COMMERCIAL BANK zambiareports.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zambiareports.com Daily Mail and Mail on Sunday newspapers.
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National Pension Scheme Authority buys 8% stake in MTN Zambia Monday 21 December 2020 | 14:37 CET | News The National Pension Scheme Authority (NAPSA) has bought an 8 percent stake in MTN Zambia through a share placement, Lusaka Times reported. No financial details of the transaction have been released so it is unclear how much NAPSA has paid for the shares. NAPSA Director General Yollard Kachinda said Zambia has in the recent years seen some significant growth in mobile telecommunications and digital technology, with mobile data transforming the way people conduct their day-to-day activities.
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This was confirmed in a statement released by NAPSA on Wednesday.
Despite NAPSA being a public pensions fund, no financial details of the transaction have been released hence it’s unclear how much NAPSA has paid for the 8% shares in MTN Zambia.
NAPSA Director General Yollard Kachinda said “Zambia has in the recent years seen some significant growth in mobile telecommunications and digital technology.”
“Mobile data has transformed the way people conduct their day to day activities such as buying and selling of products and services. A mobile phone is no longer just a tool of communication, but an important component in trade and commerce and it is helping to reshape the way we conduct business,” said Mr. Kachinda.