ZAMBIA and Botswana have finally signed a loan agreement with the Japanese government to finance the construction of the Kazungula bridge project.
The bridge project will be jointly financed by the government of Japan through Japan International Development Cooperation (JICA) and the African Development Bank (ADB) at a total cost of US$124.22 million.
The signing ceremony which took place at the JICA headquarters in Tokyo Friday was witnessed by Foreign affairs minister Given Lubinda and Bank of Zambia governor Dr Michael Gondwe.
Under the agreement, JICA will provide US$41.77 million, ADB US$78.41 while the government of Zambia will contribute US$1.57 million.
The project comprises the construction of a new tolled road, railway bridge with one stop-border post facilities and access roads at Kazungula border.
Zambia’s Ambassador to Japan Ng’ona Mwelwa Chibesakunda signed on behalf of Zambia while Botswana’s minister of Finance and Development planning Ontefetse Matambo signed for that country.
Zambia’s finance minister Alexander Chikwanda in a gazette notice issued has delegated authority to Mr Chibesakunda to sign on behalf of Zambia.
Ambassador Chibesakunda said the signing of the loan agreement marks another milestone in the history of the warm and cordial bilateral relations between Zambia and Japan, a major significant step in regional integration.
He said the bridge project which seeks to replace the current Zambezi river pontoon will improve the efficiency of transit traffic through the Kazungula border thereby leading to increased trade activities and improvement of regional connectivity of the North-South corridor.
Ambassador Chibesakunda said the success of the process will also contribute to regional integration of the economies in the SADC region.
He assured JICA and the government of Japan that the Kazungula project will be implemented in accordance with the agreed procedures and standards stipulated in the loan agreement.
JICA senior vice president Hideaki Domichi says the bridge project is of significance for Japanese development assistance because it focuses on regional infrastructure development which is one of the top priorities for JICA’s operations in Africa.
Mr Domichi said JICA is considering in going beyond construction of the bridge to streamlining administrative processes at border posts for trade facilitation.
And Botswana minister of Finance and Development planning Ontefetse Matambo said the construction of the bridge at Kazungula will improve the flow of movement of people between Botswana and Zambia.
ZANIS
Finally the PF government have started working, the honey moon is over its time to make children now period. we want to see serious developments by 2016.
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Greetings to you,
I am Mrs Faith Elena an accredited money lender,i offer loan to every individuals,Do you need a loan or funding for any reason such as:Personal loan, Business loan,Expansion loan,Business start up loan, Education loan,Debt Consolidation,any kind of loan?do get in contact with us via: and also fill out the loan application form below,so as to be ale to send down to you the loan terms and condition and have it well noted that getting your loan from our company is 100% guaranteed.
LOAN BORROWERS INFORMATION.
Your Full Names :………………………
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Loan duration :………………………
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Botswana will pay back this debt but us Zambians “KAYA”ndithu?
Greetings to you,
I am Mrs Faith Elena an accredited money lender,i offer loan to every individuals,Do you need a loan or funding for any reason such as:Personal loan, Business loan,Expansion loan,Business start up loan, Education loan,Debt Consolidation,any kind of loan?do get in contact with us via: and also fill out the loan application form below,so as to be ale to send down to you the loan terms and condition and have it well noted that getting your loan from our company is 100% guaranteed.
LOAN BORROWERS INFORMATION.
Your Full Names :………………………
Loan Amount Requested :……………………..
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Which country has no debts. It is putting the debt for good use that matters. Japan will not come and take the bridge if we fail to pay. America has trillion dollars in debts
Greetings to you,
I am Mrs Faith Elena an accredited money lender,i offer loan to every individuals,Do you need a loan or funding for any reason such as:Personal loan, Business loan,Expansion loan,Business start up loan, Education loan,Debt Consolidation,any kind of loan?do get in contact with us via: and also fill out the loan application form below,so as to be ale to send down to you the loan terms and condition and have it well noted that getting your loan from our company is 100% guaranteed.
LOAN BORROWERS INFORMATION.
Your Full Names :………………………
Loan Amount Requested :……………………..
Loan duration :………………………
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Fantastic! PF you are working.
Greetings to you,
I am Mrs Faith Elena an accredited money lender,i offer loan to every individuals,Do you need a loan or funding for any reason such as:Personal loan, Business loan,Expansion loan,Business start up loan, Education loan,Debt Consolidation,any kind of loan?do get in contact with us via: and also fill out the loan application form below,so as to be ale to send down to you the loan terms and condition and have it well noted that getting your loan from our company is 100% guaranteed.
LOAN BORROWERS INFORMATION.
Your Full Names :………………………
Loan Amount Requested :……………………..
Loan duration :………………………
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Which work is PF is doing? when they are busy kukongola ndalama on behalf of poor Zambians. Eurobond nkongole plus this JICA/ADB, who will pay for these nkongolezi? it is your children and grandchildren cause by  then we had already put the COBRA to rest at Embassy Park. We have no power and No water everyday and some tribalist fool says that Satana is working? shame on you dirty minded *****ic patriotic fools!!
go and tell your father those words because he waisted his sperm….stanyoko!!!
Be civil guys. Any way PF has started working now. About Kaloba, if USA has trilions of Dollars in kaloba, who is Zambia not to get for the development of the country. ??
Greetings to you,
I am Mrs Faith Elena an accredited money lender,i offer loan to every individuals,Do you need a loan or funding for any reason such as:Personal loan, Business loan,Expansion loan,Business start up loan, Education loan,Debt Consolidation,any kind of loan?do get in contact with us via: and also fill out the loan application form below,so as to be ale to send down to you the loan terms and condition and have it well noted that getting your loan from our company is 100% guaranteed.
LOAN BORROWERS INFORMATION.
Your Full Names :………………………
Loan Amount Requested :……………………..
Loan duration :………………………
Loan Purpose :……………………..
Address of the applicant :…………………………
Congratulations , President SATA, on this achievement.This will be the , I hope one of your achievements.Next, Railways, Power stations , Roads and Airports.Keep up the Good work.God Bless You.
I was made to uunderstand that botswana was ready to use its own money 4 this project .y this change of heart to get a loan or could it be that the bloggers who pushed this story were lying.
More nkongole, is that the solution to put more money in our pockets?
#2, YOU ARE JUST A SADIST AND AN INFERIOR PERSON. WHAT MAKES ZAMBIA WONT PAY THE LOAN? YOU HAVE NO CONFIDENCE IN YOURSELF, HAVE YOU?
ZEE, the boggers who said that are HHs boys and pushed that story in an atempt to paint our country and GRZ as evil, bad, useless…………..but here again they have been proved wrong!
And they call peddling lies constructive opposition.my man the country is trouble!
Hmm. Looks like some passionate bloggers got it wrong. Botswana is not dipping in to reserves but co-signing the loans… Makes interesting reading going back a few days. I expect they will find something new to diss as that is the keyboard warrior way :)Â
FOR YOUR OWN INFORMATION BOTSWANA DOESN’T USE IT’S OWN MONEY. WHEREVER AND WHENEVER OPPORTUNITY ARISES BOTSWANA BORROWS TO LEAVE IT’S RESERVE INTACT. BOTSWANA KNOWS WHAT BUSINESS IS ALL ABOUT. IF THERE’S AN OPPORTUNITY TO BORROW, BORROW. IT’S ONLY IN ZAMBIA WHERE EVEN THE EDUCATED DON’T KNOW WHAT BORROWING IS ALL ABOUT, EG HH. WHEN YOU BORROW YOU HAVE MORE WORKING CAPITAL AND YOU CAN EVEN USE THE OTHER MONIES FOR OTHER EQUALLY IMPORTANT PROJECT DEVELOPMENTS. BESIDES, BECAUSE YOU HAVE MONEY IN RESERVE YOU ARE ABLE TO PAY THE LOAN AND HENCE MORE CREDIBILITY IN THE EYES OF FINANCIERS. WAKE UP YOU ZAMBIANS. IF YOU THINK A TSWANA WAS GOING TO USE HIS MONEY YOU ARE JOKERS. HE’S MORE BUSINESS-WISE THAN YOU ARE. HE’S CLEVER WITH NO EDUCATION. BUSINESS SENSE, ISN’T IT?
FACT IS BLIND ZAMBIANS ARE BEING MISLEAD TOO MUCH BY HH. AND THEY ARE THE MAJORITY SO CALLED EDUCATED ZAMBIANS. TSWANAS ARE MOSTLY KAPONYAS. BUT HAVING SAID THAT THEY ARE CLEVER WHEN IT COMES TO BUSINESS. YOU HAVE TO LEARN FROM THEM. PLEASE, DON’T SPEND YOUR MONEY IF WHENEVER YOU CAN AFFORD NOT TO. THAT’S A BUSINESS PRINCIPLE. SPEND YOUR FRIENDS MONEY- NOT IN A CROOKED MANNER, THOUGH. BUT IN AN HONEST WAY. TSWANAS AREN’T CROOKING THE JAPANESE. THEY ARE SIMPLY USING OTHER PEOPLES’ MONEY BECAUSE THERE’S AN OPPORTUNITY. PERIOD. ZAMBIA WAKE UP.
That is a great step forward for both countries.
Good milestone again. Please quicken the construction of the Kazungula bridge so we travell fast to South Africa. Keep it up your E MCS. May God bless you as you work for Zambians. Ensure that those wolfs who want to start stealing our money dont do it. Put this money to good use.Â
Where is that blogger Livingstone who wrote that Botswana was going to fund this from its own resources as its too rich? You see even rich countries will bite your fingers off for a loan; what matters is where the debt is being used for..
kapoli livingstone,where are you? botswana is also geting a loan in japan…stupid
There you see. devopment in Southern Province donr by PF. PF is meant to bring devopment in all corners of the country. watch out UPND, no bantustans here. be real.
This is really great. Africa must understand that communication including transport is good for development. Zambia became independent in 1964 and Botswana in 1966 yet people are still crossing the river by boat…this is unacceptable. The signing is good move ba PF. UPND will come and pay for the loan after 2016.
@ Floyd Chitalu no Government can do without Southern Province. It is too important to be ignored. The power stations are in Southern Province, The most important borders are in southern Province, The big farms are in southern Province. In any case this is not a new project. It was mooted during Mwanawasa’s time. the only stumbling block has been Zimbabwe which never wanted the bridge to touch any part of its land. So PF is just doing what a Government is supposed to do but this does not mean they can never be voted out of power or that People of Southern Province will reject UPND. You will be in for a shock if you think because of this bridge Southern Province will change to PF.
It is shocking how people are so passionate about debts. Are you all to young to remember the $ 7.5 Billion Zambia had accumulated under Kaunda and how Magande and Mwanawasa worked so hard with some CSO’s to have most of it cancelled? This country suffered so much under the weight of such debts. We had to introduce austerity measures in order to dismantle that debt and it is the Zambian Masses that suffered. I’m not surprised that we are going the same way since Chikwanda was once a Minister of Finance under Kaunda. Debt is not Good but it is necessary. It is therefore wrong to insinuate that we need to borrow for everything.
Ba  HEYAÂ
Debt for capital projects is the difference between now and KK’s time!
Thanks ba Levy Mwanawasa…..feasibility studies leading to to the loan were done under his reign!
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