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Wednesday, August 10, 2022

UPND Administration to launch empowerment funds for small businesses

Economy UPND Administration to launch empowerment funds for small businesses

Copperbelt Province Minister ELISHA MATAMBO says the UPND Administration will give empowerment funds to Micro, Small and Medium Enterprises regardless of their political affiliation.

Mr. MATAMBO says the empowering of SMEs will not be channeled towards one political party like it used to be in the previous Government where cadres were the only ones benefiting from the empowerment programs.

The minister further notes that this is why the New Dawn Government has seen it prudent by creating the new Ministry of SMEs so that their issues can be critically looked into.

He says Government is keen to providing initiatives so that the constraints faced by Micro, Small and Medium Enterprises can be resolved for their businesses to thrive.

Mr. MATAMBO was speaking in a speech read on his behalf by Copperbelt Deputy Permanent Secretary DANIEL KAMENGA.

This was during the official opening of the Global entrepreneurship week in Luanshya District held under the theme: District economic Transformation through Innovation, Collaborations and Strategic Partnership.

And Luanshya District Commissioner ONCEMEN GONOMO said SMEs have the potential to contribute to the national food basket hence their efforts should be recognized.

Meanwhile Global entrepreneurship Country representative EDWIN ZULU thanked Government for creating the new Ministry of Micro Small and Medium enterprise.

9 COMMENTS

  1. This was because you separated your cadres from the rest of the Govt operations and alienated yourselves from the rest of the country’s activities. You never supposed anything from the previous Govt. That was the down side of UPND. Any way your downwards trend has started too quickly compared to previous Govt.

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  2. PLEASE PLEASE HOW CAN YOU COMPARE THIS GOVERNMENT TO THE PREVIUOS ONE
    ITS LIKE NIGHT AND DAY !!
    ALSO AFTER SUCH A SHORT TIME ??
    LET”S GET REAL HERE

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  3. The covid 19 measure must be reviewed that concern operators of businesses like Bus,Bar operators and Markets these usually affected when the wave of the pandemic escalates .It’s hightime the Healthminister and Local govt minister embarked on campaign for all business houses to promote Handwash at there point of business.Cleaning and disinfecting toilets and cleaning and disinfecting Buses and taxis. As opposed to restrictions , restrictions only affect businesses Taxi operators depend on people who are Shopping,visiting hospitals,going or coming from lodges and hotels and Bar patrons. E.g If a bar operates for two hours per /day that will mean the taxi operator will also be affected by measure.

  4. The only way we can improve lives of our People is thru empowerment Programs and Not dishing out of cash, as was the Cash Before. GREAT MOVE AND LET US EDUCATE OUR PEOPLE ON BUSINESS NORMS.

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  5. The same programme from PF do these guys have brains, all they do is repeat what they said was wrong when in opposition.
    The empowerment was the song of PF, does this mean anything, we shall wait and see.
    Empowerment for cadres cadres cadres.

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  6. The foundation for HH and his government are really disappointing to say the least, all the twenty three years in opposition this is what you have got for the Zambian people, I’m worried for our country don’t we have any other credible men and women with a higher calibre to lift Zambia from this conundrum we have in this nation.
    Zambians let us be serious we can’t just continue going through the systems that never yielded any good results, just going around circles and making no breakthrough so strange in the Zambian politics.

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