NATSAVE supports improved savings culture

BUUMBA CHIMBULU writes@SunZambianTHE National Credit and National Bank (NATSAVE) thrives on providing financial education in an effort to broaden levels of the saving culture in Zambia.Apart from offering loans, the financial institution thrives on financial education, says NATSAVE Public Relations Manager, Patricia Luhanga.Ms Luhanga said NATSAVE was keen to ensure that levels of saving culture […]

NATSAVE supports improved savings culture
BUUMBA CHIMBULU writes@SunZambianTHE National Credit and National Bank (NATSAVE) thrives on providing financial education in an effort to broaden levels of the saving culture in Zambia.Apart from offering loans, the financial institution thrives on financial education, says NATSAVE Public Relations Manager, Patricia Luhanga.Ms Luhanga said NATSAVE was keen to ensure that levels of saving culture was inculcated at an early age.She said this in Chilanga when the author of a book called Lemonade, Chola Lungu, donated 50 books to Guardian Angels Community School.The book, whose printing was supported by NATSAVE, was aimed at inculcating the importance of savings at an early age.St Patrick’s School also received 50 books.“Saving needs to be taught at an early age so that the young people can start saving for the future and investments. NATSAVE supported the printing of this book because it speaks to who we are,” Ms Luhanga said.Ms Chola explained that she was motivated to write the book in order to assist in inculcating the culture of saving in schools.She encouraged the pupils to always find ways of making money in the simplest ways.“This book provides an opportunity to have conversations around money with children. It will help the children to value money and use it in a prudent way,” Ms Chola said.Meanwhile, School Director, Jeremia Mrowiec, complained that the teachers were not on Government payroll despite efforts by the learning institution.Sister Mrowiec explained that the teachers were being paid like general workers and yet they were qualified personnel.She said the biggest challenge was to get funds to pay teachers.“The school has 500 pupils and we are all making efforts to provide quality education,” Sister Mrowiec.District Education Board Secretary representative, Christine Jere, emphasised the need to encourage saving. The Sun