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PremierCredit launches the Wina Jila Na Campaign

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PremierCredit has launched the Wina Jila na PremierCredit campaign where anyone who invests a minimum of K100 will stand a chance to win a brand-new Toyota Hilux as the grand prize. The second prize is K50,000 per winner for five participants, including monthly wins of household appliances worth K10,000 and weekly prizes of K1, 500 worth of Shoprite shopping vouchers. For the next 6 months, PremierCredit will promote the use of its newly developed mobile and USSD application as the extended digital channels to access their services, including the peer-to-peer lending platform. The minimum entry into the competition will be an investment of K100 and participants who meet the set terms and conditions will stand a chance to win the impressive list of prizes.

Since 2019, PremierCredit, the multi award winning fintech offers affordable and convenient financial solutions to individuals and MSMEs. The company operates an online microlending and Investment platform in emerging markets in Sub Saharan Africa. The peer-to-peer lending platform, a first mover on the Zambian market, connects investors from around the world to borrowers in Zambia, and it is regulated under the Regulatory Sandbox of the Securities and Exchange Commission.

PremierCredit platform has registered over 2,300 investors who earn on average 36% per annum in interest on their investments. PremierCredit aims to provide simple, affordable, convenient, and customer-centric financial solutions to all through technological innovation and partnerships. Speaking at the launch of the Wina Jila campaign held at Toyota Nangwenya in Lusaka, CEO of PremierCredit Mrs. Chilufya Mutale-Mwila highlighted the importance of using technology in improving public accessibility to finance even to the most remote customers. “Financial inclusion is a significant pillar of our operations; we believe in giving back to the communities that make our existence possible. Our products and services are customer-centric, as we aim to focus on creating simple access to financial services for people who earn less than $10 a day.”

In attendance as the supportive partner of the Wina Jila campaign, Toyota Nangwenya, Branch Manager, Mr Karl Frick addressed members of the press to commend PremierCredit on the Wina Jila campaign which will not only empower our communities but expose and create awareness of products and services that are designed to ease the financial burdens of the Zambian consumer. “Toyota has a long-standing relationship with the Zambian people, we are honored to have maintained this strong bond throughout the various economic climates since our inception in 1963. Similarly, to PremierCredit, we aim to enhance the customer trust which has been bestowed upon us by providing products and services that appeal to them.” Said Mr Frick.

The Wina Jila campaign will commence today, 7 March 2023 until 7th September 2023 and all prospective participants are encouraged to follow updates of the campaign via social media using hashtags #WinaNjila, #InvestWithPremierCredit. and #YouCan.

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ERB lowers fuel prices amid Kwacha appreciation

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THE Energy Regulation Board (ERB) has announced a downward adjustment in the prices of petrol, diesel, and jet A-I, bringing relief to consumers.

Effective midnight, petrol will be priced at K31.12 per litre, diesel at K28.78 per litre, and jet A-I at K28.23 per litre.

However, the price of kerosene will remain unchanged at K20.44 per litre.

The reduction in the prices have been attributed to the appreciation of the Kwacha which outweighed the increase in international oil prices therefore warranting a reduction in the domestic wholesale and pump prices of petroleum products.

ERB Board chairperson Reynolds Bowa said the price of kerosene has been maintained, adding that the decision on kerosene pricing will be reviewed consistent with the national supply and demand situation.

In a statement, Mr Bowa said over the review period, the Kwacha significantly appreciated against the United States Dollar.

“On average the exchange rate appreciated 14.4 percent. The appreciation was mainly attributed to interest rate hike by the Bank of Zambia (BoZ) and the directive that commercial banks hold back more funds in reserve. Furthermore, BoZ made available additional United States Dollars to the market,” he said.

Mr Bowa said the prices will come into effect at midnight and shall remain in effect until revised by the ERB.

He however said during the month of February the prices of oil on the international market increased.

Mr Bowa said the increase was mainly attributed to supply disruptions arising from geopolitical tensions in the Middle East which led to tightened supply of the commodity.

Meanwhile, the ERB in line with the Energy Policy has developed a bio-fuels pricing framework that will be used on blended fuel.

Mr Bowa said the growth of the biofuel industry will foster security of supply of petroleum products.

“Currently, a pilot phase for bio-ethanol trading has commenced and ERB will give periodic updates on how this programme is unfolding.” he said.

(Mwebantu, Thursday, 29th February, 2024)

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ACC nab senior accountant, businessman 

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A LUSAKA based senior accountant has been arrested by the Anti-Corruption Commission (ACC) alongside a business man for possession of property suspected to be proceeds of crime.

Kasemuka Chiteta, a senior accountant stationed at police headquarters has since been charged with one count of possession of property suspected of being proceeds of crime.

ACC head of corporate communications Timothy Moono said in a statement that Kasemuka Chiteta on dates unknown but between 7th April, 2023 and 12th February 2024 in Lusaka District, concealed possession of a motor vehicle namely Toyota Landcruiser BAD4360 registered under the ownership of Chimuka Chibawe a Lusaka based businessman.

“In a similar development, the ACC has arrested and charged a Lusaka based businessman, Chimuka Chibawe of plot No. 136 C Kalomo road Chilenje” Mr Moono said.

He said Mr Chibawe has been charged with one count of Possession of Property Suspected of Being Proceeds of Crime contrary to Section 71 (1) of the Forfeiture of Proceeds of Crime Act No. 19 of 2010.

“Details of the offence are that, Chimuka Chibawe on dates unknown but between 7th April, 2023 and 12thFebruary 2024 in Lusaka, concealed possession of a motor vehicle namely Toyota Landcruiser BAD4360 registered under his names when the beneficial owner is Mr. Kasemuka Chiteta a Senior Accountant at Police Service Headquarters,” he said.

The pair has since been released on bond pending court appearance.

(Mwebantu, Thursday, 29th February, 2024)

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Experience the Next Level of great entertainment with DStv Step Up!

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IT’s February and still feels like Jan-worry, but we have just the thing for you! Introducing the Step Up campaign, designed to elevate your viewing experience without breaking the bank. Welcome to the big leagues of entertainment!

From January 15th to March 31st, 2024, subscribers have the chance to upgrade their package and enjoy a plethora of additional channels at an unbeatable price.

Here’s a brief overview of how the Step Up campaign works and how you can make the most of your DStv subscription:

What is the Step Up Campaign?

Step Up is a limited-time offer for DStv subscribers. During this campaign, subscribers can upgrade their package to a higher tier and receive a further upgrade to an even higher package within 48 hours of payment. It’s like getting a premium experience at a fraction of the cost, courtesy of DStv!

How does it work?

• If you’re on DStv Lite (K120), upgrading to DStv Access (K190) will bump you up to DStv Family (K345), unlocking lifestyle channels, more music options, top-notch kids’ entertainment, and premium European football coverage.

• Subscribers on DStv Access (K190) who upgrade to DStv Family (K345) will enjoy access to DStv Compact (K520), featuring the best in local content, the Premier League, and more.

• Upgrading from DStv Family (K345) to DStv Compact (K520) grants you a whole month’s access to DStv Compact Plus (K770), offering UEFA Champions League matches, international series on 1Magic, and captivating documentary channels like History Channel.

• Those on DStv Compact who upgrade to DStv Compact Plus (K770) will find themselves enjoying DStv Premium (K1,200), where blockbuster movies, hit series, and premium sports like Tennis, Golf, and F1 await.

Take the leap and Step Up today to indulge in a wide array of entertainment options, experience your favourite shows in high definition, and access exclusive content available only on higher-tier packages.

If you’ve recently been disconnected, fear not! Simply reconnect to one of the eligible packages mentioned above and elevate your viewing experience. Plus, enjoy the convenience of watching your new package on DStv Stream, anytime and anywhere.

Don’t let this opportunity pass you by in the new year. Step Up to a whole new level of entertainment with DStv!

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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