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Lusaka 89.5|Monze 106.7|Chingola 104.5|Kapiri 107.5|Copperbelt 89.3|Kabwe 99.9FM

BANKERS URGE GOVT TO URGENTLY IMPLEMENT MEASURES AIMED AT TRANSITIONING ZAMBIA INTO A 24-HOUR DIGITAL ECONOMY

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by Balewa Zyuulu
10.08.2024

The Bankers Association of Zambia –BAZ- Chief Executive Officer Leonard Mwanza has emphasized the urgent need for the government to implement critical measures aimed at transitioning Zambia into a 24-hour digital economy.

In an interview with Phoenix News, Mr Mwanza has underlined that well-designed strategies could significantly foster economic growth, enhance financial inclusion, and bolster key sectors such as agriculture and energy.

Mr Mwanza has also stressed the importance of supporting Small and Medium Enterprises –SMEs-through targeted initiatives, such as the Zambia Credit Guarantee Scheme.

He has identified expanding financial inclusion and improving digital infrastructure as crucial enablers for economic transformation as well as investing in reliable high-speed internet and mobile networks across urban and rural areas will support online transactions and digital services.

Mr Mwanza explains that encouraging the adoption of electronic payment systems among businesses and consumers can streamline transactions and reduce reliance on cash coupled with developing a regulatory framework that supports digital platforms.

Forget your average influencer! Imagine cruising alongside Thobi Rose, the effervescent South African travel guru, on a sun-drenched voyage along the country’s stunning coastline. This vivacious Zulu queen, known for her infectious laugh and captivating storytelling on her YouTube channel “Thobi Rose,” isn’t just documenting her travels – she’s spearheading a new wave of content creation alongside the South African Ministry of Tourism. Whispers abound of a soon-to-be-released blog post on her “Lived Experiences” platform, where Thobi promises to spill the tea on three unforgettable days aboard the majestic MSC Splendida.

The journey was not just about sailing from one port to another; it was a celebration of shared cultural experiences and meaningful connections forged amidst the beauty of South Africa. The ship, a majestic ode to maritime luxury, housed a dazzling array of restaurants, entertainment venues, and leisure facilities. Crystal chandeliers cast a warm glow over the elegant public spaces, while expansive decks offered panoramic views of the ever-changing seascape. Durban’s vibrant energy pulsed through the first leg of our voyage. But the true magic unfolded as the ship glided towards Cape Town. The sight of the bright lights and the iconic Table Mountain, sent shivers of excitement down my spine. This legendary landmark, a UNESCO World Heritage Site, was my next destination.

 

The transition from MSC Splendida to the bustling city was seamless. Our accommodation for the remainder of the trip was the Southern Sun, a contemporary haven in the heart of Cape Town that welcomed me with open arms and an undeniable sense of luxury. Stepping into the cool, marbled lobby felt like entering a sanctuary of modern elegance and a warmth that resonated with a traveler’s soul. The rooms themselves were a haven of comfort. Lush fabrics in calming earth tones invited relaxation, while expansive windows offered tantalizing glimpses of the city lights below. It was the perfect space to unwind after a day of exploration and sensory overload, a place to let the memories of the day solidify and transform into cherished stories.

No trip to Cape Town is complete without indulging in some retail therapy. The V&A Waterfront, a bustling harbour-side complex, provided the perfect opportunity to explore an array of shops and brands. From local crafts and souvenirs to international fashion labels, there was something for everyone. For the next part of my escapade I kicked up some dust on an exhilarating quad bike adventure on the Atlantis Dunes, traversing scenic trails and challenging myself with adrenaline-pumping manoeuvres.

The following morning bright and early after a restful night, was a visit to the iconic Table Mountain, towering majestically over the city of Cape Town. As we ascended to the summit via the state-of-the-art cable car, vistas of unparalleled beauty unfolded before us. The city spread out below, framed by the sparkling waters of the Atlantic Ocean, while the rugged coastline stretched into the distance—a testament to the timeless power of nature.

Later in the afternoon we visited the luxurious Morgenhof Wine Estate, nestled in the verdant vineyards of Stellenbosch. Surrounded by rows of grapevines heavy with fruit, we were treated to a sensory feast—a journey through the flavour’s and aromas of South African wine. From crisp Sauvignon Blancs to full-bodied Cabernet Sauvignons, each glass told a story of the land from which it came, leaving us with a deeper appreciation for the artistry of winemaking.

 

Continuing our exploration of South Africa’s rich viticultural heritage, we ventured to the Seven Sisters Vineyards, where we were greeted by the inspiring tale of the seven sisters who had overcome adversity to pursue their passion for winemaking. Against the backdrop of the rugged mountains of the Western Cape, we sampled their exquisite wines, each one a testament to the resilience and determination of the human spirit.

After a day of swirling reds and crisp whites at the Stellenbosch vineyards, our laughter-filled group weaved its way through the heart of Cape Town. My destination for the last night in Cape Town: the award-winning Southern Sun hotel.

As fatigue gently nudged me towards slumber, a sense of gratitude washed over me. The day had been a tapestry woven with the rich threads of cultural exchange, breathtaking landscapes, and the intoxicating world of wine. But most importantly, it had been a day of shared experiences, forging friendships that transcended borders.

Curled up in the cozy embrace of the Southern Sun, I drifted off to sleep with the promise of one final adventure – the journey back home to Zambia. But that return wouldn’t be just a flight; it would be a homecoming, carrying with it the indelible mark of South Africa’s beauty, hospitality, and the connections forged on this unforgettable voyage.

The Author

Balewa Zyuulu

Balewa Zyuulu is a Multiple Award Winning and prolific Journalist who has dedicated his career to reporting on various topics mostly Politics, Business and Economic related issues. He is a certified Financial and Data Journalist who underwent the Bloomberg Media Initiative Africa (BMIA) Financial Journalism Training (FJT) under Strathmore Business School in conjunction with the University of Zambia (UNZA). Apart from being a Senior Journalist he also worked as the Producer of the BBC Media Action sponsored Governance program at Phoenix FM Zambia.

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