Agricultural Leasing Company Zambia Limited
The revocation of the license means that Afgri Leasing Services Limited has ceased to operate as a leasing company in accordance with the Banking and Financial Services Act, which contains guidelines for the sector. « The Registrar of Banks, Financial Institutions and Financial Enterprises has revoked the leasing licence of afgri Leasing Services Limited without deposit with immediate effect. Smallholder farmers in the Nkwiizuma region of Chikankata district welcomed the call for unity (gender equality) in development activities. With the positive response from this village, we are likely to increase our herbicide sales (ATS), as most men are more willing to work with women during the next agricultural season. However, the central bank asserts that the revocation of the license does not release Afgri Leasing Services Limited from all the obligations it has contracted or assumed during the term of the license. Agricultural Leasing Company Zambia Limited Contacts Agricultural Leasing Company Zambia Limited Contacts: Below you will find our contact details. You can contact us anywhere and make inquiries. The Bank of Zambia (BoZ) has revoked the license of Afgri Leasing Services Limited after the company decided to voluntarily cease operations. Your email address will not be published. Mandatory fields are marked * Christian Empowerment Microfinance (CEMFIN) Zambia Limited The central bank is also allowed under the law to take possession of a financial service provider who refuses to comply with an order or instruction from the BoZ, and can also take over a business if it refuses to allow a legal inspection or obstructs an inspection.
Claire van der Kleij You are doing an excellent job. How did farmers come to divide their tasks between women and men? Who will be responsible for what? That`s according to a statement recently issued by BoZ`s communications department. Unit 214 B, Foxdale Court Office Park, Mama Betty Building 609 Zambezi Road Lusaka Best Mukampande Hello Claire, these farmers are in two groups, each group formed a committee of seven people, including four women and three men. These will be responsible for business tasks, the field of accounting will be headed by a woman, while marketing will be headed by a man. The rest of the members, women, will be responsible for marketing and training, while men will be in the process of mobilizing resources. « The revocation follows Afgri Leasing Services Limited`s decision to voluntarily cease operations under the Banking and Financial Services Act, » BoZ said. BoZ is permitted by law to revoke the licenses of a financial service provider if such a financial service provider decides to voluntarily cease business activities. .