- Stay Connected
Socialize
Government to Start Issuing Loans To Bus Drivers
the government has facilitated a bus loan scheme which will enable over 1,300 public and private service drivers to become proprietors.
The first beneficiary is Ms Sara Njovu, a widowed taxi driver who has supported her family using income from the male-dominated business.
Ms Njovu received her prized asset from President Sata at State House at a ceremony to introduce the loan scheme that is being driven by the Ministry of Transport, Communications, Works and Supply, in conjunction with the Development Bank of Zambia (DBZ) and Higer Bus Company.
Handing over two of the buses to two of the beneficiaries, President Sata promised to empower all Zambians, regardless of their political affiliation.
Mr Sata said he is ready to assist Zambians who are organised and ready for empowerment.
“I have no problem assisting MMD, UPND members as long as they are organised. If PF members are not organised, we will continue to help those who are organised,” Mr Sata said.
DBZ and Higer Bus Company Limited of China have entered into an agreement which will enable drivers to acquire a 26-seater Higer bus at US$45,000 on two percent interest, repayable in five years.
Deputy Minister of Transport, Communications, Works and Supply Panji Kaunda said Government facilitated the bus loan scheme when a group of drivers approached the ministry.
Posted by Admin
on May 23, 2013. Filed under LATEST NEWS.
You can follow any responses to this entry through the RSS 2.0.
You can leave a response or trackback to this entry
isaac
May 23, 2013 at 10:16 am
The beauty about PF is that its really a govt for all Zambians not just sloganeering. This system which the govt has introduced, is the second in Africa after Nigeria. What else can i say,PF govt at work.Trully by 2015 Zambia will see massive changes and developments come ran come sun.
nshendi
May 23, 2013 at 11:40 am
Am UPND,but this is a good initiative by the government.Am jst doubting the durability of the buses
mwaka
May 23, 2013 at 11:41 am
Nga temwakwibila, but drivers got jobs already, why not creating jobs to those in the streets, more good opportunties for those already employment, just how many drivers are on the list? does this include truct drivers to own their own trucks and buses, then expand intercity, elyo lwanya nomba, those who work in shops to have their own loaned shops, those who work in shoprite to have their own shoprities, those who work in hotels, to have their own hotels, those who fish for other people to have their own fishing nets, those who cook for the President to have their own pots, or sory environment for cooking food. salaula sellers, selling for other people to have their own, those who are maids, to have their own maids, those who are teching for other people’s schools, to have loans for their own shcools, interesting indeed, this President is for the people, Ba Sata I think I vote for you again, so we will entually have no one working for someone, bravo Mr. President, your thoughts are very generous, and powerfool, or sorry powerfull. This is the kind of president we were looking for, keep it up bwana president, uyu kwena emuyaya beba abantu. Keep health my beloved President.
CHIKWE
May 23, 2013 at 4:57 pm
Good analysis, though I suppose that was not the intention of the President…
mwewa in South Africa
May 23, 2013 at 12:19 pm
Not good enough. What we want are home loans even for the people working in the private sector. We can not be living in a country where very few individuals own plots and housing units which they in turn rent out at exobitant rental fees. Look at the (bobers) cabins in compounds like Chifubu, Wusakile, Chamboli, Buchi/Kamitondo, Chimwemwe etc which are not even fit for human habitation. Please ba PF you can do better than that. Allow us also in the private sector to own our own houses.Imagine if each year government can give out home loans to atleast 1300 people who do not have houses,where will Zambia be in terms of housing?
zambian
May 23, 2013 at 12:20 pm
Bravo mr president
jinx
May 23, 2013 at 12:26 pm
Y can’t u olso provide house loans workers at UTH such as midwives, cookers , office assistance and any other Health workers.
kapandula
May 23, 2013 at 1:05 pm
Bana ukwa has now run out of ideas.What is remaining is just to bomber people with any sweet talk that comes in the mind.Time will come when you will be answerable to these lies also
isaac
May 23, 2013 at 2:03 pm
W
isaac
May 23, 2013 at 2:09 pm
When are you going to appreciate? Pipo are you Kapandula have no room in this modern society where you alway fight to number one critique.Do you want politician should come at your house and leave you with a trunk of a cash.,
kapandula
May 23, 2013 at 1:07 pm
Bana ukwa has now run out of ideas.What is remaining is just to bomber people with any sweet talk that comes in the mind.Lets wait and see how many people will benefit from bufi loans
Niceday
May 23, 2013 at 1:59 pm
Kapandula. In case you have not had time to read more on the issue or conduct further research. These buses are for members of the Public and Private Drivers Association of Zambia (PPDAZ). In case you want to benefit or be empowered with one join the association. Noti uku bwata bwata fye!
Mwana Muweme
May 23, 2013 at 3:13 pm
“If PF members are not organised we shall continue to help those who are organised”. Why should the president say this? Are these loans primarily for PF members? These are loans to be issued by government and DBZ therefore there should be no mention of political affiliation, ata!!
Pampoto
May 23, 2013 at 3:39 pm
UNSECURED LOANS? These r just PF criminals stealing DBZ money in the name of bus drivers.
1. You cant insure a public bus comprehensively. Think of accidents
2. In 5 yrs that higher bus will be run down. Its not durable
3.If they manage to dish out 1000 buses market will saturate. Demand and supply. How do you raise money to pay back.
THIS IS TYPICAL PF NUISANCE.
Pampoto.!"
May 23, 2013 at 3:44 pm
UNSECURED LOANS? These r just PF criminals stealing DBZ money in the name of bus drivers.
1. You cant insure a public bus comprehensively. Think of accidents
2. In 5 yrs that higher bus will be run down. Its not durable
3.If they manage to dish out 1000 buses market will saturate. Demand and supply. How do you raise money to pay back.
THIS IS TYPICAL PF NUISANCE.
Chase Maketula
May 23, 2013 at 3:54 pm
Handing over two of the buses to two of the beneficiaries, President Sata promised to empower all Zambians, regardless of their political affiliation.
Mr Sata said he is ready to assist Zambians who are organised and ready for empowerment.
“I have no problem assisting MMD, UPND members as long as they are organised. If PF members are not organised, we will continue to help those who are organised,” Mr Sata said.
Bufi
May 23, 2013 at 3:59 pm
Whats this PPDAZ. am hearin of that name for the first time. Its been made to syphone EUROBOND under Small scale interprenuorship. PF IS HERE TO PLUMBER. WAKE UP YOU PEOPLE
Bufi
May 23, 2013 at 4:29 pm
PF stands fof LIES. Its all lies intended for simple minds. Thy already know who will benefit. For how long will PF cheat illiterates?
MAFUPA YOKOYOKO
May 23, 2013 at 4:40 pm
They say Rome was not built in one day and so PF cant do everything at once! Im sure from these loans we shall go to housing loans, so all doz crying 4 loans mutekanya, ni mbombo wibilima. Those criticizing this move mulifyana fyandoshi ifishitasha! Muletasha bakaboko its not a must dat u should criticise everything! GG PF!
calvin
May 23, 2013 at 5:06 pm
THAT IS AN EXCELLENT IDEA MR PRESIDENT THAT IS WHAT I CALL DEVELOPEMENT.NOW REDUCE MEALIE MEAL AND FUEL OR ELSE YOU BE OUT IN 2016.
doubleble
May 23, 2013 at 5:23 pm
Give credit were its due,its a good initiative & I hope loan scheme spreads 2 other sectors as well
NDOLA UPDATES
May 23, 2013 at 5:35 pm
this is what am talking abt..mamamia..
anti viola munchende
May 23, 2013 at 5:39 pm
hmmm mwana muweme..why say such things
Popopo
May 24, 2013 at 7:37 am
Ati buses will saturate the transport system. Thinking big iwe are people static in terms of ukufyala? There are areas in Zambia where transport is still a problem, leave Sata alone and rule this is his time naimwe ikafika