Western Province Permanent Secretary, Simomo Akapelwa, has said the state-owned enterprise bill is important because it is aimed at strengthening governance, ownership and performance of state owned enterprises in Zambia.
Mr Akapelwa said the state owned enterprise bill will also address other persistent weaknesses in state owned enterprises.
He said the development of this bill is anchored firmly on the recently revised state owned enterprise policy which was approved by Cabinet in October, 2024.
He said that the policy sets out clear vision reforms aimed at ensuring that the state owned enterprises do not only fulfill their mandates effectively but also contribute meaningfully to the economy.
The Permanent Secretary said this in a speech read for him by Western Province Acting Assistant Secretary, Mubitelela Sililo, during the consultative workshop on the draft state owned enterprise bill.
