Government reveals mortgage plans for civil servants

Government is continuing with its efforts to cushion its workers with civil servants now accessing loans under the National Building Society’s Government Employees Mutual Savings Fund.

With Civil servants accessing the loans under favourable conditions, the Minister of Public Service, Labour and Social Welfare, Professor Paul Mavima has revealed government’s long-term plans for the National Building Society and improving the welfare of its workers.

“Our long-term plans include capacitating the bank to give mortgages. We want civil servants to own houses and such we will partner other relevant ministries for the project,” said the minister.

Professor Mavhima also spoke on the government employee mutual service fund that the NBS is rolling out.

“It is one of the initiatives that was put in place to bail out civil servants from the harsh and exorbitant loan interest fees charged by some micro finance institutions.”

Government is also in the process of engaging civil servants as part of efforts to improve their welfare.

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