Women police learn how to save money


MORE than 30 female Zambia police officers have received  financial literacy training conducted by Standard Chartered Bank’s diversity and inclusion council to empower them with the knowledge, skills and tools to better manage their personal finances.

Standard Chartered Bank CEO, Andrew Okai, said for the past three years the bank and Zambia Police Service have partnered to empower the police at a time when they celebrated the new UN Sustainable Development Goals, where gender equality features high on the agenda.

He said the training focused on women to demonstrate their commitment to those goals.

Mr Okai said that despite the current commodity and currency challenges, in the long-term Standard Chartered remained confident that Zambia would grow and continue to attract investment and that a population that was financially literate was important.

“As our population grows and consumer spending rises, having a financially literate population becomes even more important. It is, therefore, in all of our interests to effectively manage our incomes, save and invest in our economy,” he said.

He said in addition to the training of Zambia police officers, the bank introduced the financial education for youth curriculum in March 2015 and accommodated more than 1,500 people that have since benefitted from the programme.

Mr Okai said Standard Chartered was one of the global supporters of the new UN Sustainable Development Goals launched at the recent UN General Assembly in New York, saying the focus on training women police officers was in line with Goal 5 on gender equality, and Goal 10 to reducing inequalities.

He said as part of this initiative, Standard Chartered Bank’s senior management team committed to offer the training at their alumni schools across Zambia.

And Inspector General of Police Stella Libongani said she was delighted that the two institutions were able to partner again on the important topic of financial literacy, adding that such an initiative must continue if more women were to be empowered.

“I would like to take this opportunity to recognize and thank Standard Chartered Bank for their continued commitment to ensure that Zambia Police staff are empowered with financial skills and knowledge,’’ she said.

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