Bank of Zambia Celebrates 60th Anniversary with Tree Planting Initiative at Mumbwa Caves
The Bank of Zambia (BoZ) marked its 60th anniversary with a significant eco-conscious initiative, spearheaded by Governor Dr. Denny H. Kalyalya.
The tree planting exercise took place at the historic Mumbwa Caves, symbolizing the institution’s commitment to sustainable and inclusive growth in line with its anniversary theme, “60 years of Central Banking: Repositioning for sustainable and inclusive growth in a digital world.”
In his address, Dr. Kalyalya emphasized the importance of environmental stewardship, highlighting the role trees play in combating climate change. “Planting trees may seem like a small gesture, but in the long run, it has a significant impact. Each tree we plant today is an investment in the wellbeing of our community and generations to come,” he stated.
The Governor also cited the critical role of trees as the “lungs of our planet,” echoing UN Secretary-General Antonio Guterres’ description of forests.
The initiative aligns with the United Nations’ Sustainable Development Goal (SDG) No. 13, which calls for urgent action to combat climate change and its impacts. Dr. Kalyalya urged all sectors of society to adopt similar eco-friendly practices, noting the alarming rate of deforestation in Zambia, particularly in Mumbwa.
The event was graced by notable dignitaries, including His Royal Highness Chief Mumba, Chief Moono, and Chief Mulendema, along with local government officials such as Mumbwa District Council Chairperson Mrs. Chali Masumo and District Commissioner Mrs. Namukulo Hayumbu.
Dr. Kalyalya expressed gratitude to the National Heritage Conservation Commission (NHCC) for partnering with the Bank in this initiative, ensuring that the saplings planted will be nurtured to maturity.
The Mumbwa Caves, chosen for their historic and scientific significance, served as a fitting backdrop for the event. The site is renowned for its well-preserved organic remains, offering insights into prehistoric human life and contributing to present-day cultural activities.
In a further commitment to the environment, Dr. Kalyalya announced that resources have been secured for drilling a borehole in the area, ensuring a sustainable water supply for the newly planted trees.
Dr. Kalyalya concluded by urging other business houses in Zambia to develop a culture of tree planting within their operations, contributing to global reforestation efforts and the broader fight against climate change.
“The Bank of Zambia will remain steadfast in supporting sustainable practices,” he affirmed, calling on all Zambians to take collective responsibility in safeguarding the environment for future generations.
