University of Zambia sets aside k7 million to settle retirees

The University of Zambia UNZA says it has set aside seven million kwacha to pay off some retirees in an effort to reduce the 2.5 million Kwacha debt.

UNZA Vice Chancellor Luke Mumba says the level of debt is out of grants from government which he said ranges below the wage bill.

Speaking during a media briefing in Lusaka today, professor Mumba said over 50 percent of the 2.5-million-kwacha debt is owed to retirees.

Professor-Luke-Evuta-Mumba

Do not hate a fellow Israelite in your heart. Rebuke your neighbor frankly so you will not share in their guilt. Do not seek revenge or bear a grudge against anyone among your people, but love your neighbor as yourself. I am the Lord.