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Zambia Industrial Commercial Bank (ZICB) is proud to announce Perazim Business Solutions Limited as the grand prize winner of the “Let’s Make Big Wins Happen” campaign, which was conducted last year. This initiative, aimed at rewarding loyal customers, exemplifies ZICB’s commitment to supporting businesses and individuals who actively engage with the Bank. Perazim Business Solutions Limited, a consultancy firm with a focus on human resource management, won a cutting-edge solar energy solution. The prize package, which includes an inverter, battery, and solar panels, is worth K75,000 and is set to transform the business, especially in the face of Zambia’s current intermittent power supply. With 10 employees based in Lusaka, the company, founded by Ansley Chigomba, specializes in providing HR solutions to various sectors. Reflecting on the win, Mr. Chigomba expressed his gratitude and excitement, emphasizing how the solar solution will alleviate the burden of load shedding, which has lately been a challenge for many businesses in Zambia. “This prize could not have come at a better time. With load shedding affecting our operations, this solar energy solution will allow us to continue working without disruptions, which will in turn improve our service delivery and productivity,” he said. Perazim Business Solutions Limited was established to address key challenges in human resource management, offering consultancy services that focus on talent acquisition, training and development, and employee performance management. As a growing business, Perazim prides itself on delivering tailored solutions to both small and large organizations, fostering long-term partnerships and contributing to the development of Zambia’s workforce. ZICB has consistently demonstrated its support for small and medium-sized enterprises (SMEs) through various initiatives, including the ‘Let’s Make Big Wins Happen’ campaign. The campaign, which ran from September to December last year, rewarded customers who maintained a minimum balance in their accounts with exciting prizes, from solar lighting kits to fuel and shopping vouchers. Perazim’s grand prize of a solar energy solution is just one example of how ZICB is helping businesses embrace sustainable solutions while growing their enterprises. Through this initiative and many others, ZICB reaffirms its commitment to the growth of Zambia’s SME sector, recognizing the vital role that small businesses play in the economy. ZICB continues to tailor its products and services to meet the unique needs of SMEs, offering access to finance, expert guidance, and opportunities for growth. As Perazim Business Solutions Limited celebrates this success, ZICB looks forward to seeing more success stories from its customers through the WINA NA ZICB Campaign, running from September to December 2024. ZICB remains dedicated to creating a competitive future for businesses across the country. For more information about ZICB’s campaigns and how your business can participate, call us on 7000.

ZICB had a productive dialogue with representatives from the London Foreign Commonwealth and Development Office (FCDO). The discussion focused on strategically integrating nature-based solutions, such as green infrastructure and sustainable land use practices, into our environmental and financial strategies. Key takeaways include the potential to enhance climate resilience, promote biodiversity, and support sustainable economic growth through these initiatives. The FCDO expressed strong interest in how incorporating these green assets aligns with broader environmental and financial objectives. This conversation also opened avenues for exploring support towards issuing a green bond, furthering our commitment to environmentally responsible finance. ZICB is excited about the opportunity to attract environmentally conscious investments, reinforcing our role as a leader in green finance. We remain dedicated to driving sustainability and championing climate-friendly economic growth for a greener future.

We are honoured to have been the main sponsor of the official renaming ceremony of Longacres Mall to KK Mall, commemorating the 100th anniversary of Dr Kenneth Kaunda’s birth. ZICB’s contribution to this significant event is a fitting tribute to Zambia’s founding father. Our CEO, Mr. Ngenda Nyambe, together with the ZICB management team, attended the ceremony, which was graced by Hon. Rodney Sikumba, Minister of Tourism. In his speech, Mr. Nyambe paid tribute to Dr Kaunda, recognising him as a visionary leader and champion of unity, whose legacy continues to inspire the values that define our nation. He also urged every Zambian to live by the motto “One Zambia, One Nation,” and to safeguard the peace and unity that have been the foundation of our nation since independence. ZICB would like to acknowledge the Kaunda family, the Public Service Pension Fund, the National Museum Board, and Brandline Africa for their collaborative efforts in making this event a resounding success.

We are honoured to be the sponsors and official banking partners for the Livingstone MSME & Cooperatives Capacity Building Workshop, organised by CNC 360 Consultancy in collaboration with the Ministry of Small & Medium Enterprise Development. The workshop is being held at the Courtyard Hotel from 11th to 13th September. With over 400 SMEs and cooperatives in attendance, this event provides a valuable platform for business exhibitions, networking, and knowledge sharing with key stakeholders. The workshop is graced by Hon. Eng. Elias Mubanga, Minister of MSME Development, and Hon. Rodney Sikumba, Minister of Tourism. Visit the ZICB stand to explore opportunities for business growth and learn how our innovative solutions can support your success.

This week, our CEO, Mr. Ngenda Nyambe, paid a courtesy call to the CEO of Prospero, Ms. Mutumboi Mundia. The meeting focused on exploring potential collaborations to drive value for SMEs across Zambia. By leveraging the strengths of both ZICB and Prospero, we aim to empower small businesses with the tools and opportunities they need to thrive and contribute to Zambia’s economic growth.

Yesterday, our CEO, Mr. Ngenda Nyambe, visited the Bank of Zambia Governor, Dr. Denny Kalyalya, at his office in Lusaka. The meeting provided an opportunity to discuss key areas of collaboration aimed at strengthening the banking sector and enhancing financial inclusion across the country. This engagement underscores ZICB’s commitment to working closely with regulatory bodies to create a stable and innovative financial environment, helping drive economic growth and development in Zambia.

Today, ZICB was honoured to welcome Ambassador Isabelle Lemba, Permanent Secretary of the Ministry of Justice, who paid a courtesy call to our CEO, Mr. Ngenda Nyambe, at our head office in Lusaka. This visit provided an excellent platform to engage in discussions on a range of important topics that are key to national development and ZICB’s mission to serve the Zambian people. During the meeting, Ambassador Lemba emphasized the importance of patriotism and the role that local institutions like ZICB play in fostering national pride. She highlighted that by choosing to bank with ZICB, Zambians are contributing directly to the country’s economic growth and ensuring that wealth is retained and reinvested within the country. We are excited about the prospects of the outcomes from these discussions and remain committed to contributing to Zambia’s development by offering innovative financial solutions that serve every Zambian.

We are proud to announce that ZICB has been awarded the Guarantee Utilization Award by the Zambia Institute of Banking and Financial Services (ZIBFS)! This prestigious award, presented during the ZIBFS Banking Awards at the Avani Hotel in Livingstone on 6th September 2024, recognizes the outstanding efforts of Participating Financial Institutions (PFIs) in effectively utilizing financial guarantees to support businesses and individuals. At ZICB, we remain committed to driving financial growth and creating opportunities for all, with a particular focus on local MSME and corporate businesses! Thank you to our dedicated team and valued clients for making this possible. Together, we’re making tomorrow possible!

In our continuous effort to make tomorrow possible, ZICB is proud to introduce the “WINA Na ZICB campaign,” which will run from September to December 2024. This initiative is aimed at rewarding our customers with cool prizes, including solar lighting kits, gas cooking stoves, laptops, and grand prizes of a brand-new SUV for retail customers and a Toyota Hilux and k250,000 cash prize for our MSME clients. Speaking at the launch, ZICB CEO Ngenda Nyambe highlighted that to participate, retail customers must maintain a minimum average balance of K5,000, while our MSME customers must have a minimum average balance of K20,000 in their ZICB accounts each month. In addition, Mr. Nyambe also announced the winners of our last campaign, where one lucky retail client walked away with an all-expense-paid weekend vacation for five at the Radisson Blue Hotel in Livingstone, and one ZICB MSME client walked away with a power generation solution, which consists of an inverter, batteries, and solar panels, ensuring that their business remains resilient and operational. Open an account and continue banking with ZICB, and you may be the next lucky winner.

ZICB proudly participated in the Bank of Zambia’s (BOZ) Sports Day, marking 60 years of the central bank’s existence. Our executives and staff teamed up with colleagues from other banks to compete against BOZ teams in exciting sports, including tug of war, basketball, netball, volleyball, chess, football, and 100-meter races. The spirit of teamwork and camaraderie was on full display as we celebrated this momentous occasion. BOZ Governor, Dr. Denny Kalyalya, officiated the event, making it a day to remember as bankers came together to commemorate 60 years of banking excellence in Zambia. Here’s to many more years of partnership and success!