Zambia

GMW national coordinator: National Financial Literacy Working Group that comprises: Bank of Zambia (BOZ), Securities & Exchange Commission (SEC), Pensions & Insurance Authority(PIA), Financial Sector Deepening Zambia (FSDZ), the Rural Finance Expansion Programme(RUFEP), Competition and Consumer Protection Commission (CCPC), Insurers Association of Zambia (IAZ), Capital Markets Association of Zambia (CMAZ), Association of Microfinance Institutions of Zambia (AMIZ), Zambia Association of Pension Funds (ZAPF), German the Savings Bank Foundation For International Foundation (SBFIC) Participating organisations: National Financial Literacy Secretariat, commercial banks, microfinance institutions, insurers, media, capital markets, pension funds, NGOs, schools, finlit organisations, mobile network operators, and others Total number of participating organisations: 154 Number of children and young people reached directly: 3,000 Number of adults reached directly: 5,000 Number of people reached indirectly: 5,000,000

For the 9th consecutive year, Zambia organised the local adaptation of the Global Money Week as the annual Financial Literacy Week 2021 from March 22nd to 28th. In view of prevailing health restrictions due to the COVID-19 pandemic, all official activities were conducted virtually, although some stakeholders conducted in person activities throughout the country.

The week began with a kick-off event anchored by the Chief Executives from the financial sector regulators namely the Governor of the Bank of Zambia who serves as the champion for financial education in Zambia, the Registrar of the Pensions and Insurance Authority, and the Chief Executive of the Securities and Exchange Commission. Together they