Friday, August 21, 2009

Thandiwe urges govt-private partnerships for development

Thandiwe urges govt-private partnerships for development
Written by Margaret Habbuno
Friday, August 21, 2009 5:01:52

FIRST lady Thandiwe Banda has said the global economic crunch has severely affected the performance of many companies in Zambia.

During a donation of various items for charity works by Indo-Zambia Bank in Lusaka yesterday, Thandiwe said the multiplier effect of the state of affairs was that many people were struggling economically.

“The multiplier effect of this state of affairs is that most of our people especially in struggling economies like ours are going through untold suffering,” Thandiwe said.

She said companies like Indo Zambia Bank had chosen to identify themselves with the disadvantaged people in the country.

Thandiwe said corporate social responsibility initiatives such as giving back to the community were important.

“Such initiatives such as the one Indo Zambia has done must be encouraged because they supplement all our tireless efforts in addressing the plight of the less privileged in our society,” she said.

Thandiwe said it was prudent that other corporate entities endeavour to emerge as true partners of government by rendering support for the country’s development.

“Economic priorities for the sectors such as agriculture, manufacturing, tourism development and citizens’ empowerment are sectors that the corporting partners should always help,” said Thandiwe.

And Indo Zambia Bank managing director Satish Shukla said Indo-Zambia Bank was delighted to be associated with charity works as they were consistent with the values the bank promoted through its corporate social responsibility programme.

“I am happy to announce that Indo-Zambia is donating 200 blankets, 50 mattresses and 50 bed sheets.The total amount is valued at K40 million for dispensing to deserving causes identified,” said Shukla.

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