Govt grants K19m to SMEs, farmers

Written by on July 18, 2020

GOVERNMENT has disbursed K19 million to 35 Small Medium Enterprises (SMEs), Producers’ Organisations and farmers.

Of the amount, SMEs have received K10million while producers’ organisations and farmers have been given K9 million.

The funds under the auspices of the Zambia Agribusiness and Trade Project, have been disbursed by the Ministry of Commerce.

Commerce, Trade and Industry Minister Christopher Yaluma, who officiated at the handover of the funds in Lusaka, said Zambia’s economy will only record robust growth when indigenous entrepreneurs are empowered to scale up their businesses.

At the same function Minister of Information and Broadcasting Services Dora Siliya urged Zambians to be proactive if they are to actualise their dreams in business and other facets crucial to life.

Ms. Siliya said prayers to invoke God’s blessings in various spheres must be accompanied by action.

And Zambia Development Agency (ZDA) Director -Enterprise Development Mukula Makasa said the agency has since 2015 integrated three thousand 250 Zambian producers, with capacity to supply products to multinational chain stores.


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