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The Zambia National Marketeers Credit Association (ZANAMACA) has called for the urgent creation of a Marketeers Fire Emergency Fund and stronger partnerships with insurance companies to develop affordable fire insurance policies for traders.
The appeal follows a series of market fires across the country that have left thousands of traders facing devastating financial and livelihood losses.
In a statement issued on Tuesday, ZANAMACA president and founder, Mupila Kameya, said the destruction of markets had not only wiped out businesses but also disrupted the lives of families dependent on trading as their main source of income.
“It is imperative that we take proactive measures to protect our traders and their businesses from the ongoing threat of fire disasters,” Kameya said.
He explained that an emergency fund would serve as a financial safety net, offering immediate support to affected marketeers to help them recover and rebuild.
Kameya further urged insurance companies to collaborate with ZANAMACA in creating tailor-made fire insurance packages for traders.
“These policies should be affordable and accessible, ensuring that every marketeer has the opportunity to safeguard their property and investments against fire-related losses,” he said.
The ZANAMACA president also emphasized the need for fire safety awareness in markets, stressing that training in prevention and emergency response could significantly reduce risks.
“As ZANAMACA, we are committed to advocating for the safety and welfare of all marketeers and traders across Zambia. With the support of Government, insurance providers, and the wider community, we can create safer and more resilient market spaces,” Kameya added.
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