NAPSA Head Office at Levy Park Mall officially opened to the public

The newly constructed ultramodern National Pensions Scheme Authority (NAPSA) Head Office at Levy Junction in Lusaka  was officially opened to the public on Feb 28th.

And NAPSA Board Chairman Joseph Chikolwa noted that in order for NAPSA to meet its mandate of re-investing workers’ investments, the authority has put in place a five year strategic plan to run from 2013 to 2017.

 

The official opening follows the completion of the first phase of the construction of the Levy Junction complex which also accommodates various stores, hotel and offices besides the new NAPSA head office.

The first phase has been done at an approximate sum of US$190 million while the second phase is expected to commence soon in order to complete the project as a mixed use development by NAPSA.

Minister of Labour and Social Security Fackson Shamenda graced the official opening ceremony amidst rains that almost interrupted the well-attended colorful function.

 

In his key note address, Mr. Shamenda expressed gratitude that the complex is professionally being managed by a Zambian Company called JHI Anderson and urged the NAPSA management to immediately embark on the second phase of the project without delay.

Mr. Shamande further urged Management and tenants of the complex to work together to ensure that the invested funds are not eroded through delays in settling rentals and meeting other tenancy obligations.

The Minister stressed that his government wishes to see NAPSA contribute positively to the enhancement of social security thereby keeping with the Patriotic Front Government’s promise of lifting the lives of the vulnerable in the society.

He said government is interested in the welfare of the people of Zambia through the provision of social security through prudent investment of funds entrusted to NAPSA.

And NAPSA Board Chairman Joseph Chikolwa noted that in order for NAPSA to meet its mandate of re-investing workers’ investments, the authority has put in place a five year strategic plan to run from 2013 to 2017.

Mr. Chikolwa stated that the strategic plan will guide the Board and Management to achieve the authority’s vision of being the model social security institution in Africa.

He explained that the strategic objectives of the authority have been carefully structured to enhance good cooperate governance and to ensure efficient and effective social security administration and delivery.