Zambia Police can help grow economy

THE Zambia Police can help grow the economy by boosting operations of its Thrift Cooperative Society, says general manager Christopher Chanda.

Mr Chanda said providing business loans to its members  was a surest way of the society’s contribution to the well-being of the Zambian economy.

He said the core function of the society was to encourage people to be economical and to be entrepreneurs by saving their money.

“As we all know, saving is the most difficult thing, so through creation of such an organization people are able to save money and later use it for is intended purpose,” he said.

Membership was open to the public both in informal and formal sector although Government employees were preferred.

He explained that the society had members from almost all the Government ministries including Cabinet.

He said the society was the best in Zambia and in the Southern Africa region with people from different countries like Swaziland and Zimbabwe visiting to learn more about it.

“There is a form we give people to fill, and one has to be on a Government payroll, we also have bankers from different banks, they have shown a lot of interest and we have captured a number of them,” he said.

Mr Chanda noted that the Zambia Police Service was not only there to maintain law and order but to also provide financial services to Zambians, hence contributing to the growth of the economy.

He encouraged people to visit the society offices and register as members and that they would not be disappointed with the services the Zambia Police Thrift Co-operative Society offered.

The society has won many awards in different categories including being the best co-operative society at different occasions.

Formed in 1954, the society is a voluntary, independent and self-governed association of persons united on democratic basis with a view of forming a collective money fund.

It was strictly for police officers but later the society opened up to the public especially those on Government payroll.

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