𝐏𝐔𝐁𝐋𝐈𝐂 𝐒𝐄𝐑𝐕𝐈𝐂𝐄 𝐖𝐎𝐑𝐊𝐄𝐑𝐒 𝐓𝐎 𝐁𝐄𝐍𝐄𝐅𝐈𝐓 𝐅𝐑𝐎𝐌 𝐙𝐀𝐅𝐅𝐈𝐂𝐎–𝐏𝐒𝐌𝐅𝐂 𝐏𝐀𝐑𝐓𝐍𝐄𝐑𝐒𝐇𝐈𝐏

The Zambia Forestry and Forest Industries Corporation (ZAFFICO) and Public Service Micro Finance Company (PSMFC) have entered into two Memoranda of Understanding (MoUs) aimed at expanding access to forestry products for public service workers.

The partnership will facilitate the provision of timber, timber products, and seedlings by ZAFFICO to public service workers.

In his keynote address, PSMFC Board Chairperson Kufanga Imataa stated that the partnership between the two institutions was a deliberate move to translate policy commitments into measurable national outcomes, advancing the shared goals of industrial growth and inclusive empowerment for both institutions.

And ZAFFICO Managing Director Mundia Mundia stated that the MoUs are intended to promote empowerment, inclusion, and sustainable development among civil servants. He emphasized that the initiative is a significant step towards making the company’s products more accessible to Zambians, particularly those working in public service.

“Under the first agreement, the Building Materials Loan Scheme, ZAFFICO will supply timber products, while under the second agreement, the Agricultural Asset Plus Loan Scheme, we will facilitate the provision of tree seedlings and treated poles used for construction and fencing, among other items, to this market segment,” Mr Mundia said.

Mr Mundia noted that these MoUs have been made possible by investments the Corporation has made in the recent past.
“ZAFFICO has invested $3 million to establish an additional creosote treatment line and a wooden pole dryer kiln, enhancing the production capacity of the pole treatment plant to efficiently serve the local and international market.

Additionally, this year, the Corporation has invested $7 million in a state-of-the-art sawmill, which is currently at 95% complete,” Mr Mundia said.

Speaking at the same event, PSMFC Chief Executive Officer Mubanga Mwiko said that the collaboration was a practical step toward ensuring equitable access to affordable financing for civil servants, while also promoting sustainable asset creation and household stability.

The MoUs are both designed to translate policy intent into tangible national impact for a five-year implementation period.