{"id":39432,"date":"2021-04-30T21:43:49","date_gmt":"2021-04-30T19:43:49","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/?p=39432"},"modified":"2021-04-30T21:05:12","modified_gmt":"2021-04-30T19:05:12","slug":"government-employees-loan-facility-ready-psc","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc","title":{"rendered":"Government Employees Loan Facility Ready \u2013 PSC"},"content":{"rendered":"

Africa-Press<\/a> – Zimbabwe<\/a>. <\/strong><\/span>The government has announced that the Government Employees Mutual Savings Fund (GEMS) loan facility is ready to roll out from 1 May 2021.<\/p>\n

Public Service Commission Secretary, Ambassador Jonathan Wutawunashe, announced the development in a statement that observed that qualifying members of the voluntary fund can apply for loans.<\/p>\n

Qualifying members are those who have made contributions for three consecutive months and can start applying on the 1st of May 2021,<\/p>\n

Loans are short term and medium term. Short term loans will have a tenure of up to 12-months, with members able to apply for five times their net salary for a maximum of ZWL$100 000.00.<\/p>\n

Medium Loans will be a thirty-six-month facility which is for a maximum of eight times one\u2019s net salary for a maximum amount of ZWL$500 000.00. A minimum interest rate of 10% shall apply per annum.<\/p>\n

GEMS members are expected to collect and submit application forms at any National Building Society Bank (NBS) branch nationwide or from PSC offices nearest to them.<\/p>\n

Applicants should attach copies of Identification Card or valid passport or drivers licence; a Payslip not older than three months and fill the GEMS Loan Application Form and TY30 deduction form. ZWL$200.00 application fee is levied on all applications.<\/p>\n

Ambassador Wutawunashe said the level of interest so far expressed by government workers who voluntarily joined the scheme in their numbers is impressive.<\/p>\n

PSC is expecting more civil servants to apply to participate as the benefits of membership become more apparent.<\/p>\n

The Public Service Commission has shared the information on GEMS rollout with the leadership of the Apex Council.<\/p>\n

More: Pindula News; ZBC News<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zimbabwe. The government has announced that the Government Employees Mutual Savings Fund (GEMS) loan facility is ready to roll out from 1 May 2021. Public Service Commission Secretary, Ambassador Jonathan Wutawunashe, announced the development in a statement that observed that qualifying members of the voluntary fund can apply for loans. Qualifying members are […]<\/p>\n","protected":false},"author":84,"featured_media":39431,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6,35,15],"tags":[1493,2189,4484,3324,19],"class_list":["post-39432","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-zimbabwe-2","tag-government-employee-mutual-savings-gems","tag-public-service-commission-psc","tag-zimbabwe"],"yoast_head":"\nGovernment Employees Loan Facility Ready \u2013 PSC - zimbabwe<\/title>\n<meta name=\"description\" content=\"The government has announced that the Government Employees Mutual Savings Fund (GEMS) loan facility is ready to roll out ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government Employees Loan Facility Ready \u2013 PSC\" \/>\n<meta property=\"og:description\" content=\"The government has announced that the Government Employees Mutual Savings Fund (GEMS) loan facility is ready to roll out ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-30T19:43:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2021\/04\/img-608c54b776134.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Government Employees Loan Facility Ready \u2013 PSC\",\"datePublished\":\"2021-04-30T19:43:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc\"},\"wordCount\":274,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2021\/04\/img-608c54b776134.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Zimbabwe\",\"Government Employee Mutual Savings (GEMS)\",\"Public Service Commission (PSC)\",\"Zimbabwe\"],\"articleSection\":[\"all news\",\"Economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc\",\"name\":\"Government Employees Loan Facility Ready \u2013 PSC - zimbabwe\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2021\/04\/img-608c54b776134.jpg\",\"datePublished\":\"2021-04-30T19:43:49+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"The government has announced that the Government Employees Mutual Savings Fund (GEMS) loan facility is ready to roll out ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2021\/04\/img-608c54b776134.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2021\/04\/img-608c54b776134.jpg\",\"width\":1920,\"height\":1280,\"caption\":\"Government Employees Loan Facility Ready \u2013 PSC\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/zimbabwe\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Government Employees Loan Facility Ready \u2013 PSC\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#website\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/\",\"name\":\"zimbabwe\",\"description\":\"\u0623\u062e\u0628\u0627\u0631 \u064a\u0648\u0645\u064a\u0629 \u0639\u0644\u0649 \u0645\u062f\u0627\u0631 \u0627\u0644\u0633\u0627\u0639\u0629\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/zimbabwe\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Government Employees Loan Facility Ready \u2013 PSC - zimbabwe","description":"The government has announced that the Government Employees Mutual Savings Fund (GEMS) loan facility is ready to roll out ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc","og_locale":"en_US","og_type":"article","og_title":"Government Employees Loan Facility Ready \u2013 PSC","og_description":"The government has announced that the Government Employees Mutual Savings Fund (GEMS) loan facility is ready to roll out ...","og_url":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc","og_site_name":"zimbabwe","article_published_time":"2021-04-30T19:43:49+00:00","og_image":[{"width":1920,"height":1280,"url":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2021\/04\/img-608c54b776134.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Government Employees Loan Facility Ready \u2013 PSC","datePublished":"2021-04-30T19:43:49+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc"},"wordCount":274,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2021\/04\/img-608c54b776134.jpg","keywords":["Africa Press","Africa Press-Zimbabwe","Government Employee Mutual Savings (GEMS)","Public Service Commission (PSC)","Zimbabwe"],"articleSection":["all news","Economy","homepage-english","twitter"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc","url":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc","name":"Government Employees Loan Facility Ready \u2013 PSC - zimbabwe","isPartOf":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2021\/04\/img-608c54b776134.jpg","datePublished":"2021-04-30T19:43:49+00:00","author":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"The government has announced that the Government Employees Mutual Savings Fund (GEMS) loan facility is ready to roll out ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc#primaryimage","url":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2021\/04\/img-608c54b776134.jpg","contentUrl":"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2021\/04\/img-608c54b776134.jpg","width":1920,"height":1280,"caption":"Government Employees Loan Facility Ready \u2013 PSC"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/government-employees-loan-facility-ready-psc#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/zimbabwe\/"},{"@type":"ListItem","position":2,"name":"Government Employees Loan Facility Ready \u2013 PSC"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/zimbabwe\/#website","url":"https:\/\/www.africa-press.net\/zimbabwe\/","name":"zimbabwe","description":"\u0623\u062e\u0628\u0627\u0631 \u064a\u0648\u0645\u064a\u0629 \u0639\u0644\u0649 \u0645\u062f\u0627\u0631 \u0627\u0644\u0633\u0627\u0639\u0629","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/zimbabwe\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren"}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/zimbabwe\/wp-json\/wp\/v2\/posts\/39432","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/zimbabwe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/zimbabwe\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/zimbabwe\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/zimbabwe\/wp-json\/wp\/v2\/comments?post=39432"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/zimbabwe\/wp-json\/wp\/v2\/posts\/39432\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/zimbabwe\/wp-json\/wp\/v2\/media\/39431"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/zimbabwe\/wp-json\/wp\/v2\/media?parent=39432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/zimbabwe\/wp-json\/wp\/v2\/categories?post=39432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/zimbabwe\/wp-json\/wp\/v2\/tags?post=39432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}