Since 2013 when coins where re-introduced in Zambia, many
have had mixed feelings about them.
Some have embraced them while others have not.
For example, all the coins below 50 ngwee are rarely used in
transactions.
They are either kept in houses or thrown away by those who deem them to be of no value.
This is why some students at the Copperbelt University (CBU) in
Kitwe have launched a campaign to raise money through the collection of these
coins.
"We can use a container like this one. You open it in one area and keep dropping in coins, by the end of five years, i will accumulate a fortune which will spill over to my family," said Kasulubusa Mashonga, one of the co-founders of the Green Ngwee campaign.
The campaign is expected to encourage students to collect coins and raise funds for various purposes.
The collection of coins is also being done to conserve the environment.
"Eventually, this campaign should contribute to the Gross Domestic Product.
Economists argue that keeping coins as is the case with the Green Ngwee campaign can help students raise money for their day to day needs.
CBU Economics Lecturer Edna Litana, who also spoke during the launch of the Green Ngwee campaign held at the American Corner last week, feels the will also help students reduce their dependency on guardians.
"By saving money, students can strengthen family relations. How can they do that? They can one day go to their parents and tell them they have saved enough to sustain them for a term or two," said Mrs Litana.
This is not the first time students at the Copperbelt University are collecting coins for a noble cause.
A few years ago, they launched a similar campaign and raised funds which they used to build a house for the vulnerable in society.
EDITOR'S NOTE: This story was originally aired on TV1's Newsline program on 5 May, 2017. You can watch the video here.
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