improve performance in class, we need to ensure that we enhance the capacity of our teachers. we must recognise that computers alone are not magic and neither should they replace chalk and blackboards, but they should and can be used as a tool to aid learning. providing more computers at schools will do little without providing the tools that enhance teaching and research like internet. it is also pertinent that teachers obtain quality and professional training to harness and effectively utilise computers. i therefore urge you to consider enhancing computer literacy amongst your staff. in an information age, knowledge and effective use of computers along with sound education will be the cornerstone of a vibrant, modern society. this is why our teachers are absolutely critical to the future of our economy. i have no doubt that supporting our schools in the manner that the bank of zambia is doing today will lead to stronger motivation and morale amongst our students and teachers alike. i am certain that we all desire a country where our teachers and students are proficient in using computers and extract immense value from them. this should be the vision that we should all aspire. ladies and gentlemen, in conclusion, i would like to urge all students present here today take an interest in using computers. computers will assist you in your studies and make your lessons more effective, easier and enjoyable but they will not automatically make you a genius. the computer will open doors to communication, research and opportunities. remember that the goal of computer literacy is for the user to become an explorer, and an active seeker of information which i hope you will be, with this donation. seize what you have been bestowed with today. guard against vandalism and use the computer facilities to ensure a brighter future for yourselves. this is important because in future while computer knowledge will perhaps not immediately get you a job, it will ensure that you are one step closer to being employed. ladies and gentlemen, i also recognize the efforts of the former students association who have been soliciting for donations from various organizations. as former students we all have the responsibility of helping the school that has played a key part to what you are today. let us continue to support our beloved school. i thank you.

caleb m fundanga : a brief look at corporate governance in zambia speech by dr caleb m fundanga, governor of the bank of zambia, at the launch of corporate governance guidelines for banks and non - bank financial institutions, lusaka, 28 november 2006. * * * ♦ the chairperson of the bankers association of zambia ; ♦ the chairperson of the institute of directors ; ♦ the chief executive officers of banks and non - bank financial institutions ; ♦ deputy governors, bank of zambia ; ♦ representatives of professional bodies ; media colleagues ; ♦ distinguished invited guests ; ♦ ladies and gentlemen. i wish to welcome you all to the launch of the corporate governance guidelines for banks and nonbank financial institutions, in particular, deposit taking non - bank financial institutions. as you all may be aware, the recent debacle of corporate scandals has resulted in the resurgence of interest in good corporate governance. these scandals have not been restricted to large businesses in the us or europe, but have surfaced in emerging economies as well, with equally devastating effects. this, together with concern about our environment and globalisation, has played an important role in this resurgence of interest in how companies are managed, directed and controlled. here in zambia, the collapse of a number of banks in the mid - 1990 ’ s has largely been attributed to poor corporate governance. some characteristics of this included dominant key shareholders, poor transparency and inadequate disclosure. consequently, the imf / world bank financial sector assessment program ( fsap ) undertaken in 2002 revealed the need to enhance financial stability in zambia by ensuring that the financial sector was adequately guided by corporate governance practices which conformed to international best practices. ladies and gentlemen, in order to guide this process, among other things, in 2004 the government approved a comprehensive five - year financial sector development plan ( fsdp ) that positioned good corporate governance as one of the pillars for promoting financial system stability. today ’ s launch, therefore, is a culmination of an extensive consultative process during which the bank of zambia engaged the banks and non - bank financial institutions, and other key stakeholders in round table discussions. local auditing firms, the world bank, ifc and the imf also contributed immensely to the production of these guidelines. in addition, the development of the guidelines took into account the standards set by the basel committee on banking supervision and the unique characteristics of the zambian business environment within which institutions operate and the many valuable lessons we have learnt along the way. the above notwithstanding, these guidelines only define the