CFAO –STANBIC partnership shifts gears in car ownership
By Derrick Sinjela PERHAPS taking cognizance of high poverty, high unemployment and high income inequality, and invariably lower interest rates, have resulted in Toyota distributor, CFAO Motors and STANBIC to actualize a loan vehicle ownership partnership. Speaking moments before a Nangwenya Road launch, CFAO Motors Zambia Limited National Sales and Marketing Manager, responsible for Toyota Automark brands, Andreja Ursic emphasized that lower interest rates had accelerated a new partnership between CFAO Motors and STANBIC Bank, enabling people to realistically own a dream car. On his part, STANBIC Bank Head of Vehicle and Asset Finance, Horis Mainza painted the enviable...