
Government has expressed optimism that business linkages would boost Zambia’s economic growth and wealth creation in the near future.
Ministry of Commerce Permanent Secretary, Buleti Nsemukila says Zambia’s economic growth and wealth creation lays partly in linking industrial growth and development to international trade hence the call for a Business Linkages Strategy.
In a speech read on his behalf by Commerce Director of Industry Siazonga Siakalenge, Dr. Nsemukila noted that business linkages unlocks the potential within the Micro, Small, and Medium Enterprises (MSMEs) such as employment creation, National Domestic Product growth and export generation.
ZANIS reports that Dr Nsemukila said this at the official opening of a two-day Business Linkages Strategy Development workshop at Siavonga’s Lake Kariba Inn today.
The workshop has attracted directors from government, private sector and business associations.
He observed that the participation of business associations and private companies played a big role in nurturing and supporting MSMEs to grow hence the need for business linkages.
“My ministry is very confident that the United Nations Programme fittingly titled , ‘Broad Based Wealth And Job Creation’, borrowed from the theme of the Fifth National Development Plan is one of the interventions that is facilitating start up, growth and expansion of Micro Small and Medium Enterprises,’’ he said.
Speaking earlier, International Labour Organisation (ILO) Country Representative, Gerry Finnegan said the United Nations was encouraged by the zeal the Zambian government and the private sector has exhibited towards knowledge and information sharing in a multi directional way.
In a speech read for him by ILO Senior Technical Advisor Jealous Chirove, Mr. Finnegan hoped that the workshop will agree on key elements of national business linkages development strategy that will chart the way forward by drawing experiences from other countries.
Mr. Finnegan, who is also representative for Malawi and Mozambique, acknowledged the contributions made by United Nations Conference on Trade and Development (UNCTAD) and the United Nations Development Programme (UNDP) for supporting business linkages in Zambia and growing sustainable business model respectively.
Earlier, Zambia Development Agency (ZDA) Director for Micro and Small Enterprises Division Windu Matoka explained that the objective of the workshop was to create common understanding about the Business Linkages Strategy.
Mr. Matoka called for political and financial support towards ZDA, if the Business Linkages Strategy was to be a success.
At the same workshop, UNCTAD Representative on Division for Investment and Enterprise, Fiorina Mugione, observed that business linkages were not only viable in highly industrialised countries, but has also worked in low income countries such as Uganda.
The workshop, co-sponsored by ILO and UNCTAD on broad based wealth and job creation (BBW &JC) and moderated by Zambian economist Chibamba Kanyama, is being held against the backdrop of an earlier workshop held at Lusaka.
Its focus is to forge a Business Linkages Development Strategy that will draw lessons from Brazil and Uganda, who are also participating.
The strategies developed from the workshop are aimed at supporting ZDA to effectively broker business linkages for MSMEs thereby, contributing to economic growth and employment generation.
ZANIS