The People’s Newspaper
ECOBANK, a leading pan-African banking group and the African Guarantee Fund (AGF), a specialised pan-African guarantee provider, have joined forces in a groundbreaking US$200 million risk-sharing agreement, aimed at catalysing economic growth and supporting entrepreneurial ventures, including women-owned SMEs on the continent.
IN an effort to enhance tax compliance among Small and Medium Enterprises (SMEs), the Zambia Revenue Authority (ZRA) has held a tax symposium in Lusaka which is also expected to create tax awareness.
AN assessment conducted by the Bank of Zambia (BoZ) on its K10 billion Targeted Medium-Term Refinancing Facility (TMRF) has established that Small and Medium Enterprises (SMEs) did not benefit from it. The facility was set up in 2020 to assist with liquidity to businesses and individuals during the Covid-19 period through Financial Service Providers (FSPs).
PRESIDENT Hakainde Hichilema says the UPND administration appreciates the role traditional leaders’ play as partners in developing the country.
A US$400 million loan agreement to support the financing of Small and Medium-Sized Enterprises (SMEs) across Africa has been signed between the China Development Bank (CDB) the African Export-Import Bank (Afreximbank).
INNOVATIVE lending programmes to increase private sector involvement in key economic supply chains have been designed and implemented by Atlas Mara, says its acting Chief Executive Officer, Bobbline Cheembela.
THE manufacturing sector in Zambia has been recording steady and positive general improvement in the first half of the year 2023, despite being affected by the instability of the exchange rate, the Zambia Association for Manufacturers (ZAM) has disclosed.
ZANACO Plc has disbursed over K150 million to small and medium entrepreneurs (SMEs) in 2022, representing 81 present growth in the number of loans that have been paid out compared to the previous year.
ECONOMIST Kelvin Chisanga has urged Government to prioritise local solutions in a bid to improve the economy.
Accelerated Growth for Small and Medium Enterprises In Zambia (AGS) team leader Gareth Evans has said the AGS programme has attracted investment of about K47 million, a clear indication that the future of SMEs is promising
