Wednesday, April 17, 2024

Introduction of the skills investment levy will boost wealth creation-Nkandu Luo

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Minister of Higher Education Nkandu Luo
Minister of Higher Education Nkandu Luo
Government says the introduction of the skills investment levy will boost wealth creation and lead to a reduction in unemployment levels among youths.

Minister of Higher Education Nkandu Luo says Government is engaging the private sector in the creation of the Skills Investment levy which will be used as an engine for youth empowerment and economic development.

Professor Luo further says government is also setting up youths training camps in all provinces while Chiefs empowerment centres will also be introduced at village levels to ensure that Zambian youths are economically liberated.

ZNBC’s Lillian Kalaba reports that the minister was speaking ahead of the Africa and European Union Heads of State and Government 5th summit in Abidjan Ivory Coast under the central theme “Investing in youths for a sustainable future”.

And Zambia’s Representative to the AU Susane Sikaneta said the Country’s population hinges on youths hence the need to create a firm economic, social and education foundation for the youths.

The Zambian delegation among them Minister of Youth and Sports Moses Mawere, Permanent Secretary in the Vice Presidents Office Steven Mwansa and several other government officials are in Abijan for the summit.

Thousands of delegates from Africa and Europe are expected to attend the summit which will run from November 29th to 30th at the Sofitel Hotel in Abidjan Ivory Coast.

6 COMMENTS

  1. what is this skills investment levy? another tax , it is part of pro poor policy? or another talking shop to show someone is working? is it another political fad?

  2. I think this is a very retrogressive stance in that how many taxes will we be paying? We have skills schools called Trade Schools which where turned into business centres to train Accountants, Marketers and Administrators at the expense of plumbers, Brick layers and other skills, why cant we just return to the same Trade school concept brought by KK instead?

  3. Some times leaders need to show their relevance by talking to show that they are working. watch them how they rush to escort the President when he is commissioning a project. Today, Ministers can crowd themselves inspecting a road or health center just to show Zambias that they are working. Kalaba must source any international assignment for the President to visit as a way to show he is working. Dora will always built a business case on things she hardly know to show that she is working….. this is the trend…. Zambians let us pray for our leaders.

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