Author: Chisenga Lufungulo

Zambia Credit Guarantee Scheme took advantage of the Youth Day celebrations and visited Bauleni Special Needs School in Bauleni where they made a donation of assorted items including school bags, water drums, cleaning materials and food stuffs. Speaking during the hand over of the items, ZCGS CEO Ms Mary Mumba thanked the School Authorities for… Continue reading ZCGS Donates to Bauleni Special Needs School

The Zambia Credit Guarantee Scheme Limited joined family and friends of Moto Ngambi as they bed farewell to him. Mr. Moto Ngambi  died on the 10th December, 2023 and was laid to rest on the 13th December, 2023 at Leopards Hill Memorial Park Speaking during the burial service of the late Ngambi, Board Chair Masauso… Continue reading ZCGS Mourns Director Moto

The team from the Zambia Credit Guarantee Scheme led by the Chief Executive Officer, Ms Mary Mumba paid a courtesy call on Zambia’s Ambassador to Egypt, His Excellency Major General Topply Lubaya. Speaking during the meeting, Major General Lubaya thanked the ZCGS team for attending the Intra Africa Trade Fair which brought together exporters and… Continue reading ZCGS Pays Courtesy Call on Ambassador

Zambia Credit Guarantee Scheme Limited has successfully participated at the Intra Africa Trade Fair (IATF) that was held in Cairo, Egypt. During the fair, the company had meetings with Export Credit Guarantee Company and Credit Guarantee Company. During the meetings,  knowledge was exchanged on how the schemes operate as well as their automated systems. It… Continue reading ZCGS Meets Credit Guarantee Schemes in Egypt

Zambia Credit Guarantee Scheme Limited Chief Executive Officer Mary Mumba has applauded Government’s decision to increase funding to the scheme from ZMW150,000,000 in 2023 to ZMW 386,000,000 in 2024 representing an increase of more than 100%. Speaking after the budget presentation by the Minister of Finance and National Planning, Honorable Situmbeko Musokotwane, Ms. Mumba expressed… Continue reading ZCGS Boss Applauds Increased Guarantee Funding in 2024 Budget

The Zambia Credit Guarantee Chief Executive Officer, Ms Mary Mumba was the proud recipient of the Distinguished Business Leadership Excellence Award in New York at a colorful event at the side lines of the United Nations General Assembly. The award which was conferred by the African Leadership Magazine recognized Ms Mumba for her efforts in… Continue reading ZCGS CEO gets Distinguished Business Leadership Excellence Award

ZCGS Chief Executive Officer was this morning excited to receive a team from Stanbic Zambia Bank led by the bank’s Chief Executive Officer, Mr. Mwindwa Siakalima. Mr. Siakalima and his team paid a courtesy call to ZCGS to understand their product offering and also discuss the possibility of signing an agreement that would allow the… Continue reading ZCGS and Stanbic discuss partnership

Minister of Small and Medium Enterprises Engineer Elias Mubanga MP has called on the financial institutions in Zambia to increase funding to MSMEs in order to grow the economy. Speaking during the launch of the Citizens Economic Empowerment Commission 2022- 2026, Honorable Mubanga singled out ZANACO, NATSAVE, ZICB and ZCGS and DBZ as institutions that… Continue reading SME Minister calls on Financial Institutions to give more loans to MSMEs