RTSA point of sale transaction coming

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GOVERNMENT will soon implement a point of sale transaction system at Road Traffic and Safety Agency (RTSA) and immigration department to boost non-tax revenue collection and improve public resources accountability.
The initiative will enable the public to pay fees and fines electronically at point of sale terminals which will be installed at all Government institutions which collect non-tax revenue.
Minister of Finance Alexander Chikwanda said the initiative is part of Government’s major reforms embarked on in the collection of non-tax revenue.
“The implementation of the point of sale system in Government transaction will be the first of its kind in Zambia. Clearly, this is a demonstration of Government’s resolve to ensure that all revenue due to Government is collected and promptly transmitted to the treasury through a secure system,” he said.
Mr Chikwanda was speaking in Mongu on Friday during the official opening of Investrust Bank branch.
He said the strategy being framed is one which will entail the elimination of cash handling by Government officials by utilising banking facilities so that revenue collection is directly channelled from the hands of the public into Government revenue transit bank accounts held at commercial banks.
Mr Chikwanda also said that while the international community is welcome to partner with Government in uplifting the well-being of the people, the development aspirations cannot be left in the hands of outsiders.
He urged the civil servants to put their act together to ensure development aspirations succeed.
In this regard, the minister said domestic resources are required for Government to accelerate development in all parts of the country adding that ensuring improved resource mobilisation for the treasury is cardinal.
Commenting on the opening of the new branch, Mr Chikwanda said he is convinced that the bank will contribute to the expansion of the local economy through its support to the growth-oriented small and medium enterprises.
Speaking earlier, Investrust Bank Plc managing director Friday Ndhlovu said the bank has invested K5.7 million in the new branch and appealed to investors in the cashew nut and mango industries to take advantage of the services and products.
Provincial permanent secretary Emmanuel Mwamba thanked the bank for opening the new branch as it demonstrated that the province is open to investment.
Mr Mwamba said the move would spur economic development and inspire economic confidence among investors.

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