Date: 5th April 2024 Lusaka , In a recent gathering at the NATSAVE signing ceremony, the Zambia Union of Financial Institutions and Allied Workers (ZUFIAW) President , Alfred Chifota, took the stage to address a range of topics pertinent to the financial institution and its workforce. Mr Chifota commenced his speech by expressing gratitude for […]

BANK OF ZAMBIA NOTICE OF TAKING POSSESSION OF INVESTRUST BANK PLC UNFORTUNATE: ZUFIAW Friday, 5th March 2024 The Zambia Union of Financial Institutions and Allied Workers (ZUFIAW) General Secretary Mr. Kasapo Sundrea KABENDE has said that the notice by the Bank of Zambia to take possession of Investrust bank Plc was unfortunate, given that this […]

Welcome to the 26th Bi-Annual Conference Information Page! Dear Delegates, We are thrilled to welcome you to the central hub for essential information regarding our upcoming conference. Here, you’ll discover vital resources to optimize your participation and maximize your learning experience. Dive into the details below to access key materials: Download the Conference Program:Gain insights […]

To Our ZUFIAW Women, On behalf of the National Executive Council and all the ZUFIAW Men, we wish to express our utmost gratitude for the love and support you have rendered to our great Union ZUFIAW. Your strength, resilience, and solidarity inspire us. Together, we stand stronger, breaking barriers and creating a future where equality […]

MD and ZUFIAW President indulge me in acknowledging the protocol already established. Today’s ceremony is symbolic of the partnership that ZANACO and ZUFIAW have enjoyed over the years. I wish to affirm our commitment to this partnership as we look forward to working together for the good of our members and the Bank at large. […]

Absa Bank Zambia Announces 14.8% Salary Increment for Unionized Staff The Zambia Union of Financial Institutions and Allied Workers (ZUFIAW), Bankers Union of Zambia (BUZ) and Absa Bank Zambia PLC have concluded the 2024 salary negotiations at the rate of 14.8% salary increment for all its unionized staff members of staff. The parties announced the […]

PSPF and ZUFIAW SIGNS The Zambia Union of Financial Institutions and Allied Workers (ZUFIAW) is pleased to announce the successful negotiation and signing of a full Collective Agreement with the Public Service Pensions Fund (PSPF) today, February 7, 2024. This milestone reflects our ongoing commitment to advocating for the rights and welfare of our unionized […]

PRESS STATEMENT BANK OF ZAMBIA UPWARD REVISION OF THE STATUTORY RESERVE RATIO Tuesday, December 19, 2023 The Bank of Zambia (BoZ) recently announced an upward adjustment of the reserve ratio by 2.5 percentage points from 14.5%, ultimately increasing the reserve ratio to 17%. This measure is aimed at controlling inflation and promoting financial stability. It […]