Celtel Zambia Managing Direct David Venn challenged Small and Medium Scale Entrepreneurs to invest in the local market to boost the Zambian economy.
Mr. Venn said it is imperative that the Zambian people, corporate bodies and government have one clear vision and focus on one common goal to expanding the growth of the economy.
Mr. Venn noted that strong economies in the world have grown bigger because of the conducive business environment created and supported by good fiscal government and public private partnerships.
He revealed that Celtel only had 70,000 customers when he took over as MD four years ago in 2004 but now the mobile service provider boasts of over two million clientèle in Zambia.
Meanwhile Government has projected to create over 100,000 jobs this year and attract over US$3 billion through local and foreign investment into Zambia.
Commerce, Trade and Industry Minister Felix Mutati says government’s intention is to create more job opportunities for Zambians and strengthen the partnership that exists between government and the private sector.
Mr. Mutati was speaking in Lusaka today during the dialogue luncheon of transformation for jobs.
He said job transformation from amongst entrepreneurs or employment managers is key to economic growth.
Mr. Mutati challenged small and medium scale entrepreneurs in the country to increase capacity on how best to improve the economy of the country.
He said government through the Zambia Development Agency and the Citizens’ Economic Commission has set a good precedent for entrepreneurs to conducting business.
Speaking at the same function, Lusaka Business Consultant and Owner of Lyolds Financial Services Lyold Ching’angu said there is need to unlock the employment graph to achieve wealth creation in the country.
Professor Ching’angu said government should provide a conducive environment for the private sector to easily access capital.
Professor Ching’angu also urged government to create a conducive environment for people in the informal sector to set up their own business.