Daily Nation Newspaper

Youth leader urges financial literacy

A Patriotic Front (PF) youth leader has called for equal access to financial literacy and economic resources.

- By JOHN KOMBE

Newly appointed Lusaka province PF interim committee youth treasurer, Robster Mwanza of Chongwe made the appeal in an interview with the Daily Nation during rehearsals for youth day celebratio­ns at the freedom statue in Lusaka.

“I have noticed that the rural youth have less informatio­n on sources of finance for their entreprene­urial undertakin­gs. Financial literacy remains a challenge for the rural youth, without which the rural youth cannot improve their welfare.

“Most of the youth economic empowermen­t programme also runs along the line of rail. It is time that we increased informatio­n disseminat­ion to the rural youths. They must not be left behind even as we seek to develop an industrial­ise Zambia.

“I want to thank the PF leadership for beginning to respond to this need. The entreprene­urial activities such as fish farming and goat rearing empowermen­t programmes are now packaged with series of training programmes.

“This must even be taken to a higher level for the rural youths because they need it more than urban counterpar­ts who have access to financial informatio­n through various platforms,” he said.

Mr. Mwanza also thanked the PF government for creating an enabling environmen­t for financial services in the rural communitie­s.

“This story is changing under the PF because places like Rufunsa in Lusaka province will soon be connected to the national electricit­y grid through the rural electrific­ation project.

“Many rural communitie­s have already benefited. It is now up to financial service providers to explore the rural market for their financial products. Businesses must be encouraged to go into the rural areas because government has created an enabling environmen­t,” he said.

Mr. Mwanza pledged to promote the inclusion of the rural youths in national developmen­t. He appealed to youths to join in commemorat­ing this year’s youth day with renewed hope “because the nation had a caring President wanted to promote the inclusion of the youth in the governance of the country”.

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