Barclays Bank trains SMEs in conducting business

A senior government official in Northern Province has praised Barclays Bank Zambia for taking a leading role in providing capacity building to Small and Medium Entrepreneurs (SMEs) in the area.

Acting Deputy Permanent Secretary, Georgina Kasapatu, says improved financial literacy is vital in creating mutual business cooperation between commercial banks and their clients.

Mrs Kasapatu observed that empowering SME’s with information on how to manage
their businesses will result in growth of the business sector in Northern and Muchinga Provinces.

Mrs Kasapatu was speaking in Kasama over the weekend during a Business Financial Literacy and Business Planning workshop for SME’s organized by Barclays Bank Zambia.

She said the training toolkit that included materials on Accounting and Finance, Human Resource Management, Marketing and Sales and Business Planning will greatly enhance the efficiency of SMEs in the provinces.

She further urged participants to utilise the knowledge acquired from the training workshop to expand their business ventures.

And speaking at the same occasion, Barclays Bank Head of Local Business, Matildah Karimamusuma, said her bank was proud to be associated with the information sharing on business management with SMEs in Northern Province.

Meanwhile, a facilitator from Common Market for Eastern and Southern Africa (COMESA), Edwin Zulu, urged business men and women to put to good use the business management skills they had learnt from the training workshop.

Mr Zulu further urged the participants to operate their business ventures with a positive mindset into order to steer their businesses to prosperity.

ZANIS