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Equip women with financial knowledge – Mabula

PRISCILLA MWILA, Lusaka
BANK of Zambia deputy Governor in charge of administration Tukiya Mabula says women bear most of the financial needs in homes hence the need for them to be equipped with knowledge on how to plan for their finances.
Dr Mabula urged financial institutions and the media to use the recent Financial Literacy Week to educate women on the importance of saving for them to live better lives.
She said this during the women’s national art exhibition workshop organised by the Financial Sector Deepening Zambia (FSDZ) in Lusaka recently.
“Financial Literacy Week is an awareness campaign that we need to use to educate and sensitise the public, especially women, on various topics on financial inclusion. Women must be able to plan how they should use their finances and save for future use.  The campaign is a response to the financial education objective in the national strategy on financial education,” she said.
Dr Mabula commended the women artists for using their brushes to share ways in which women can plan and save their finances.
And FSDZ board member Dolika Banda said her organisation is committed to ensure that all Zambians understand and access affordable financial services to meet their needs.
Ms Banda said FSDZ will use various activities such as debates in secondary schools, children’s art contest in every province and animation on savings groups among others to communicate financial information to enhance financial literacy among women, men and children.
She commended participants of the exhibition for showcasing the struggles women face in improving their financial lives as they revealed opportunities for financial service to address their constraints
Meanwhile, Vannesa Munyama, one of the artists, appealed to stakeholders to partner with Government to improve the Arts industry as it has potential to contribute to the Zambian economy.

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