Daily Nation Newspaper

Zambia enhances statistica­l initiative

- By By By BUUMBA CHIMBULU By By BUUMBA CHIMBULU By DR. E D WALA CHABALA By By KETRA KALUNGA By PETER SICHALI

is no sacrificia­l lamb when it comes to payment of taxes as everyone is expected to play a part in Zambia’s economic developmen­t Zambia and sustenance, says Zambia Developmen­t Revenue Authority (ZRA) by deadline of October. They will continue to Corporate Agency Communicat­ion (ZDA) Manager has Topsy test and also to refine the processes and rules Sikalinda.

cautioned entrepre- around the operations of the mobile payment He said by its legal mandate, ZRA was

neurs that it is not disburs- channels,” Mr Mwanza said in an interview. empowered to collect revenue from all

ing any business grants to Mr Mwanza however indicated that all approved sources on behalf of the Government. Commercial Banks had already migrated

Micro, Small and Medium

Mr Sikalinda said the notion that ZRA under phase which required that required employees Enterprise­s were (MSMEs). exempted from paying tax was

switching Automatic Teller Machines (ATMS) untrue ZDA The as Switch, is the not law which did in went not any discrimina­te live part- on the 23rd in terms of

and Point of Sale (POS) transactio­ns to the NFS who nership September should pay 2018 tax on in a the trial country. basis, is the first ever

with an organisa- local from the VISA. Mr Mwanza explained that the

ZRA nationwide officers, he shared said, were platform, the most which will tion called ‘BACC’ in offering process for the first phase was up and running compliant business facilitate for taxpayers. exchange of informatio­n on digital payments grants to entrepre- smoothly.

He was speaking throughout in the an interview Country. with the Daily neurs, The warns acting Manager “There was a time when the five banks who Nation in first Lusaka. group of participan­ts are already Communicat­ions running and Public had deployed in-deposit taking machines,

“It does mobile not matter switching whether transactio­ns one is an on the Relations, live environmen­t, Kabwe says Phiri. Bankers Associatio­n of that calibratio­n was finalised and the public employee of the Zambia Revenue Authority or a Bank Zambia. US$5,470 a tonne on Tuesday, but gained Member Zambia (BAZ) of Parliament Chief Executive who are the Officer, law makers,” Leonard Absa however indicated in the market nearly 26 percent since the 2020 bottom hit

Ms Phiri regretted that some can now deposit using the ATMs. ‘‘The Those notion are that ZRA employees are Mr unscrupulo­us Mwanza. COPPER Sikalinda prices said. rose to their highest report people were try- functionin­g very well. exempted from paying tax is untrue as the

“What that is remaining the gains under were the stopped NFS project by on March 19,” Absa said. ing Mr to explained Mwanza swindle said that entreprene­urs the the rest collection of the commercial was in

organisati­on called ‘BACC’,” “The Agency law does not condemns discrimina­te in terms of who in He nearly three months yesterday as is investor the mobile worries channel over payment the deepening which On Monday, Copper prices rose as US different purporting banks were to already such be ZDA. as conducting taxes, levies on a she and live said fees in a statement yester- in strongest should pay terms tax in such country.’’ stronger forms manufactur­ing data from top is US-China the e-wallet rift. mobile “The where most-traded we

- Mr will Sikalinda see July President, Donald Trump’s response to approved environmen­t “ZDA has by transactio­ns Parliament. noted with while dis- others day. were in heartless acts of intent to their consumer pilot phases. China and the loosening of FinTech, copper mobile contract money on the operators Shanghai and Futures banks China’s security legislatio­n on Hong Kong pleasure lockdowns Mr Sikalinda an said advert the taxes, going levies and Ms fees Phiri warned interchang­ing Exchange (ShFE) transactio­ns rose 0.9 from percent their various to

the mem- swindle unsuspecti­ng entre-

“The rest are imposed doing their to testing, contain they Covid-19 are in was not as severe as the market had were around collected social from media any individual pur- or bers company of public platforms,” transfer 44,660 tax. Yuan he said. (US$6,274.94) a tonne.

to be wary of preneurs and the general pub- exempted from paying customs duty on their fuelled pilot expectatio­ns phase but hopefully of healthier before end of expected. Mr Trump on Friday ordered in porting the country, that entitled the Agency to pay them is regardless such offers of and seek When Others confirma- fully were implemente­d, motor lic vehicle money fee, and NFS carbon therefore will bring urges imports are organisati­ons listed as Public October demand. all the banks will be ready to integrate “Earlier in the session, the contract hit the eliminatio­n of special US treatment for the disbursing status of funds the individual in form or of company. a tion with the ZDA about emissions or a other wide surtax, range le- insurance the of benefits general premium which public will levy, to take skills heed Benefit Organisati­ons like churches or Non- to the Prices e-wallet for the switching red metal of transactio­ns rose to their its highest since levy, rural March electrific­ation 6 of 44,800 levy Yuan. and Hong Government­al Kong but Organisati­ons did not mention that have any been action grant He itemised in partnershi­p collection­s with the as income gitimate tax, Government include developmen­t among institu- others, of this reduced warning fees as and the Agency between highest banks, as demand FinTech in and top mobile metals money consumer

Value Added Tax (VAT), excise duty, customs tourism Three-month levy. copper on the London Metal that issued would with an undermine exemption the certificat­e U.S.-China by the Phase Ministry operators. China continued of Commerce, to recover, Trade says Absa

“There is progress in terms tions of before they charges could to apply customers will because not be held responsibl­e removal for duty, export duty, mineral royalty and property Exchange “The only organisati­ons (LME) eased which 0.3 percent are to one Ministry trade of Finance,” deal. he said. and ensuring Industry, that systems USAID are and ready an for or integratio­n make any payments. of internatio­nal switching any loss fees. of money,” she said.

have been very it few is true

truly iconic Zambian products

that in these

that have put Zambia on the

COVID- 19

continenta­l or global map.

times, hy-

Like Samsung for South

giene, particular­ly in form of

Korea. Maybe Mosi fits the washing bill for us, of even hands, though is one it is of the not produced most effective by a Zambian means of preventing business, and the we spread may of the coronaviru­s, actually not own this the cannot brand! be readily But that done is a story everywhere, for another like upon time. A soccer Perhaps entering example another a form might product of pub- be lic more we transport. could fitting. consider In that case, is Boom? we can all What recall about a game the of “Kalingalin­ga” soccer played

Hand sanitiser should be

hand wash system that was

such portable that all solution players moved for hand in

featured a few weeks ago?

hygiene. synch with But each soon other, upon with such the

If it had not been an iconic

inch-perfect passes and harmoniunf­olding Zambian product of the before coronaviru­s now,

ous coordinati­on as if the players pandemic COVID-19 may in the have region, certainly the were being moved around by a disruption­s giant made puppet it into master, that one. But followed slotting this balls re- sulted in small It the would goal number in the as certainly if cost of there potentiall­y of be was this true no prod- that opthe uct posing iconic shooting mode team Zambian of on financing up the products so pitch. high of as is new to business render not to say it ventures unaffordab­le that there most have to people most

The kind of soccer that made are commuters one been aware no efforts is on bank or public loans. product In trans- fact,

salivate when one watched it, when port. which developmen­t This one hears called initiative­s mention for urgent of that bank and

salivating would have conloans, founded could it add is Pavlov usually products to no in end! very to the unpal- list.

immediate measures to con- atable At For demonstrat­ion terms. instance, Like a how hair in difficult product such socit tribute made from to stabilisin­g an oil from the a nut supply is cer to game, get the or loan, in the how example exorbitant of and of a therefore tree growing the wildly price in of hand the interest orchestra, rates is are successful and the most perdisdain­ed sanitiser. Western and This aspect: Southern is where the collateral Zambia the col- formance underpinne­d by perfect the laboration (mungongo) banks ask of for. is one some product members that

harmony. of demonstrat­ed And the Zambia the graveyard such Associatio­n potential. of failed of

It is when there is such harmobusin­esses Manufactur­ers ny Alas, in it the fizzled body out that came before the in. same it

is littered with many is

was effectivel­y establishe­d.

that in What perfect attempted contribute­d health. to Or start put to off the another trying sup-

Another one is the multi-grain

to ply way, shoulder of it hand is dis-harmony the sanitiser exorbitant in not the cost meet- body of

breakfast cereal that was made

bank that demand causes loans, disease. together was the with fact the that col-

from maize, rice and soya.

lateral of It the is required. three indeed sources the This case ought of that ethanol, when to be

Apparently, its properties were

a one the no-brainer. body of the is major young If the ingredient­s and primary all organs rea- in

such that the currently claimed

son are why uncontamin­ated, people go into they business work hand healthiest sanitiser, breakfast two cereal were not is together to make in a perfect profit, harmony the question easavailab­le on global either market due did to not inputs one ily has overcoming to ask themselves dis-eases is what that kind being compare of out business with of season this will Zambian give or imports such a may inevitably invade the body. big being But cereal. as disrupted the Sadly, body it also ages, by suffered COVID-19 the risk of

profit that they can afford to pay containmen­t dis-harmony the same fate in as the measures the body hair organs in

off a loan at more than 30%

product.

interest, neighbouri­ng increases pay and statutory starts countries. obligation­s leading This to and only no end still left of remain molasses dis-eases. with as At some the that source mon- stage, ey. of much And ethanol. greater even if Yes, effort one molasses found is required a unique does to not pursue on and face impose value, measures given its that tex- ture, bring colour and sustain and harmony smell, lend in the it- self body. to be a source of the clear

Much like the soccer team needs to devote great effort of the players practising together for them to achieve harmonious

BUUMBA CHIMBULU

does not need foreign expertise for its gold mining as the country has skilled

African Developmen­t Bank (AfDB) has manpower to handle the investment. pledged This is to according deliver financial, to the Federation knowledge of and Small- policy support to regional member countries such as

Scale Mining Associated of Zambia (FSSMAZ)

Zambia during and after the Covid-19 pandemic

president, Joseph Mwansa.

period.

Pastor As a result, Mwansa AsDB regretted has already that approved it was up to unfortunat­e US$10 billion that relief Zambia package in this most year cases to support prioritise­d member countries foreign during investors the Covid-19 over the pandemic. locals.

He It is was because reacting of such to the initiative­s US$2.5 which million have led partnershi­p to THE S&P Global National between rating Strategy agency ZCCM for to Developmen­t IH affirm and AfDB’s Sudanese of AAA company rating, Statistics with Karma stable which outlook. Investment is being drafted for gold will help

improve The rating the agency statistica­l indicates capacity that the responsive AfDB will play processing investment. a key to the role ever-changing in supporting the demands region, of particular­ly the in the

“What country, expertise the Zambia will Statistics they bring Agency which (ZSA)

context of Covid-19.

Zambia has said. doesn’t have? Some qualified and

Commenting on the rating, AfDB president, experience­d Akinwumi ZSA Statistici­an-General, Adesina, Zambians said the are institutio­n Mulenga working would Musepa, in continue Lumwana to said maintain once refinery. quality implemente­d, standards, the with strategy strong would support of “Which enable all shareholde­rs. the school country did Dr come Adesina they up go with explained to where evidence that this Zambians would policy be formulatio­n done can’t delivering go which and the learn? was much cardinal Do needed we in need financial, foreign knowledge improving expertise and the policy welfare for support gold of the mining people. to regional in Zambia?” member Pastor countries Mr Mwansa Musepa during said and wondered after in an the interview in Covid-19 a statement. in Kabwe pandemic. that “We the are strategy delighted would with also and welcome help country S&P Global’s He said it was time Government created improve to statistica­l affirm the capacity Bank’s AAA/A-1+ which was rating. currently It policies decision that encouraged indigenous citizens reflects low compared the Bank’s to very other strong countries financial in Africa. position and to participat­e He said according in big projects to World to develop Bank their risk management, as well as our sound governance,” nation. ranking for 2019, Zambia was standing at 53.6 he said in a statement.

Pastor percent The rating Mwansa compared agency’s wondered to report Egypt indicated which how was Zambians that highest the would AfDB with would 86.6 assist percent play Government a key followed role supporting in by building Malawi the at the 79.3 region, economy particular­ly percent. when in the they context were of Covid19. not being given an opportunit­y “The Mr institutio­n Musepa, to invest therefore, approved in meaningful said an up Zambia to US$10 projects was billion on such relief course package as the and gold was for 2020, bot refinery lagging of which plant. behind. US$6.9 billion will be He financed “The explained National by AfDB that Strategy and Government the for remainder Developmen­t could through create its

Statistics lending (NSDS) window. number is important for and concession­al offer shares through the stock exchange

managing “The stable the outlook modern-day reflects society. our expectatio­n Zambia that, and needs allow good Zambian statistics companies to make decisions and individual­s based over the next two years, AfDB will prudently manage to on invest evidence,” in the gold Mr Musepa business said. through ZCCM- its capital while maintainin­g solid levels of high-quality IH. liquidity He said assets having and robust a statistica­l funding,” capacity S&P which Global

“We was the always country’s talk about ability to Zambians collect statistics building said in a statement. The rating agency positively the assessed required, economy. the would Bank’s But make how strong it do easy financial we for build the risk country the profile, to economy capital plan for adequacy, when developmen­t Zambians funding and of are the liquidity, not country. given extraordin­ary an opportunit­y shareholde­r Mr Musepa support to invest said and the in strategy adequacy the Gold was refinery of a its tool governance for plant? and “We management. developmen­t are appealing of an to Integrated His excellence National Edgar Chagwa Statistica­l S&P expects Lungu Strategy that to AfDB’s with which draw shareholde­rs would the enable contract would the or

country supportive collect and by providing process relevant timely capital statistics partnershi­p,” remain he said. payments. to inform policies.

Pastor Mwansa said: “We can learn from The He rating said his agency organisati­on noted the was Bank’s working US$115 with Mopani other institutio­ns how they among are treating them, us the and Bank avoid of the billion capital increase, approved by shareholde­rs in past Zambia, mistake. Zambia Are Revenue you telling Authority, us that Ministries there are October 2019, and the replenishm­ent to the African no of Zambians Finance, Local with Government, money? This Labour is a dangerous and Developmen­t Fund, the Bank’s concession­al window, complex.” in Social December Security, 2019. and that of Livestock and

Fisheries.

THE

should then naturally ask why it could one of the most renowned internatio­nal endeavours, resources were not only

business co-ordination with super for success, profits, so it will it is family and friends. And this suffer Cooperativ­es as a society (SACCOs) and one are great that

be that products with such tremendous Many personalit­ies who has very beautiful hair has limited, but the pioneering gentleman faced

not with take an aging long before body. others With much start makes sense. After one has put will examples continue of such condemn harmonious us to be

promise for the country end up petering been known to be using mungongo oil for unsurmount­able barriers to access them.

similar effort, the businesses body can and achieve the a ensu- hartheir own resources into a new by-standers coordinati­on while at community other national- level.

out before they are fully establishe­d. There her hair. So, it should go without saying that Thirdly, there was no “leniency” or “special

ing monious competitio­n existence would of all certainly the orbusiness idea, the immediate next ities When that I did come my into Masters our country degree,

are probably different reasons for different the product developmen­t to manufactur­e arrangemen­t” with the retailers to support

result gans, in with erosion much of muted the super episodes prof- option to resort to would be to prosper. one of There the classmates’ is in fact in fees, this in

products. The mungongo-based hair and package this product such that women a fledgling new initiative or start-up. All

its. of But dis-ease it not and only therefore new business long- persuade family and friends of the clear Pounds demonstrat­ion Sterling, were of paid suitable for by hand product sanitiser is a case that in point. we have Anecdotall­y, all sanitiser without could effortless­ly any charge. and readily fight use against it in their COVID-19, these but are issues in the for which country. there While needs before to

ventures term successful that fall health. at the hurdle of merits of one’s new business idea. and a SACCO appropriat­e from the financing community for seen product on had the a market. lot going But for etha- it. The women The challenge hair was should compound- have easily turned also in it the into an fact that the be effective ZAM institutio­nal the lockdown arrangemen­ts of some for coun- high It is interest therefore rates. not Many without a cause non- Another way to put this is that if new where business she grew ventures. up. And One she of narthe nol in the can regions be produced where the from tree mo- is indigenous ed by the fact iconic that Zambian the 210 product. litre members, And if the amount usually known supporting for efforts tries that due maybe to the someday coronaviru­s bank that the financial business institutio­n organisati­on has is one cannot persuade friends and open rated secrets it was of common success practice of the lasses. have been using the product for hair containers since of initially expense, donated time and attention their feisty the women engagement­s could with produce pandemic another truly some iconic ethanol Zambian was been depicted attracted as a biological to cash organism, in on the family to support their new busi- other in that nationalit­ies country for in business SACCOs in to

time immemorial. Ostensibly with very in my life devote to grooming their hair is product.

alluring akin But to the making high body. interest ethanol rates in from the by ZamBeef Plc and Zambia ness government idea, how regarding can one convince mat- our imported sponsor country students into is that the to they pursue country, primarily higher the

impressive results. Only that to be able to anything to go by, that is not a farfetched As for the breakfast cereal, for a country

molasses market, All the only parts presented to need get their to work fingers lo- toBrewerie­s Plc were not suit- third-parties ters that affect and their strangers members, to put mobilise thrust degrees by abroad. resources the ZAM for members financing

use the mungongo product on hair the notion. whose people are used to having most

gistical burnt gether and in challenges. harmony left nursing to achieve huge liabil- sucable for delivering molasses to money like over into the their GST, venture? have now business may This ensure is ventures a community that among going displaythe­m- for-

village setting required boiling the very It unsurprisi­ngly follows from the above fine things in life imported, the notion of ities cess. While from nut Dis-harmony for Zambia many hours in Sugar the to extract workPlc the Surya. oil. What that was not required having this were hair product come together on the

the fallout. But, having ing harmony And the one country that is contribute­s not is only self-suffi- to hard said to work that, a Zambian in with a cereal selves. ward, is the nature of this re- donated This ings The process and point 150 operation made tons of feasibilit­y of the business mate- of using specialise­d the shelves tankers of to major trans- retailers government has got to be to in that should not be country like the success in is that this next of product, students, to imported over which and

ours, contribute family alien, and but to when source cient sitting it will be patient, it missed results as from part in very dis-function of limited, the collaborat- especially and poor for women port the

the above scenario is turn, forgiving, will stabilisin­g reinforce and will most the the success likely supply of rial product molasses. the case of ZamBeef a characteri­stic friends addressing failure are of rarely the challenges willing cereals to put of on retailer is above shelves, of course it will that performanc­e. efforts there areas. by ZAM But it would members appear and most business. Lafarge So, new came it product is to patently the developmen­t. rescue the COVID-19 And many in the country. be challenged chain the more whole during by our community. these attitudes COVID-19 than ing in urban are different financing money in anybody’s new business not cost an arm and a leg. That Indeed, is solutions It is for for this business reason ventures that sucat venture. In fact, for us it would members kind of of financing the community that need- livto women contribute in the urban to normalisin­g areas are very familiar by case donating that bank challenges tankers loans are to contribute­d trans- rarely to this. The Firstly, ZAM COVID-19 the quality and times. nutritiona­l value of the different cessful businesses stages of devote developmen­t, signifimos­t ideal the whole form effort of financ- of undertakin­g be true to say that family and ed ing for together a start-up in to harmony be establishe­d could the with supply the properties of hand of mungongo sanitisers, oil port on hair the molasses. Response product Team, headed local by product. the This And is a while very important before and cant that amounts not all of effort forms and of financ- time to friends body that may the attend to flourish. to respectful management

ing It was is a when business there developmen­t start-up. is such harmony In and fact, commercial­ising in the be same the ones is in considerat­ion standing and to take into account because transporti­ng because allegedly the when molasses the product ing developing are suitable strategy. every The business Thus, Surya was able pro- on ZAM the side-lines president, very Mr keenly Ezekiel that wait- COVID-19 of But infrastruc­ture we can also pandemic such learn as from schools, Surya oth- once stocked in one of the major retailers, in perfect markets health. mungongo where Or put statistics another hair product way, of it is was dis-harmony a lone in the body hard as policy makers and manufactur­ers from venture. strategy Mazabuka is For used instance, as a tool to the for outside suitable creatduce causes bulk disease. hand sanitiser and ing Sekele, for the has venture mobilised to collapse, its mem- if er was clinics, African operating etc, countries if not even below that build have capac- such, es- it out-sold some of already establishe­d new business man ventures effort using and their household appliances. may try to substitute imports locally Chisamba hair sources ing harmony products of where financing in on the the organisati­on. the shelves. a ethanol start-up Why, other financing members, are Secondly, kept, it ZamBrew, as has is the been case in most of such made products, if the attitudes of people

not bers actually to come even together throwing to con- in tablished ity, as for working very good strong of with the Savings community. Tandem and was are Just totally to like be produced different on the soccer from proved those pitch, a Coca All Cola the staff Bottlers, in the etc business offered community to here government level. and there to efforts accel- Credit Consulting, The contrary Cooperativ­es it has of the now (SACCOs) above put in is

demonstrat­ed that the majority spanner tribute challenge. for well-practised financing This a players business is despite of successin mid the to know what they need to do, when While the the demise. it is coronaviru­s. unlikely This has that got comto of start-ups bottle and have label been the financed hand erate to fight which place a dis-harmonious have measures been used to people ensure to finance who the they need to do it and what immunities can be organised and we many steady have found a supply new the business of wrong molasses venture. meaning to fact stage ful teams that of growth Surya know versus the Biofuels, moves a mature they an- sanitiser by own resources for donation and those to from the be But one of it the is worst also possible sicknesses that

pact it has in contributi­ng to the function like businesses, yet more other need to ZAM execute member, with precision had of- at public. this effort by the ZAM mem- its of the plant high outside and noble Chisamba. designa

overall success of the business. impactful success is achieved fered any given to process point in the time donated to conThis is a very important bers could have lasting impact Furthermor­e, tion of PhD. In dis-harmonious the ZAM tribute to overall success of Simply put, businesses without when members of a community communitie­s, PhD is not a great 150 tons of molasses into hand milestone, a strategy to not impose only harmonious in the on work the together production to mobilise of ethanol reCOVID-19 Response Team the team. The same is achieved and mighty achievemen­t called when the business develops and co-ordination flounder. sources to pursue goals of comDoctor of Philosophy. executes an effective business This success underpinne­d mon interest and mutual benefit. It is rendered gutter meaning strategy. by harmony is also true at Successful Savings and Credit and significan­ce. It means pull are him/her that imported down. I think goods is are

In pushing similar vein, to also there expand are it now not any the at- better wonder than that local a country ones, the with such production tempts at doing of village ethanol banking from in import great potential substituti­on in every strategy direction will cassava our have market, limited so that but success. these in so will doing, But only be it you successful look: greatly if we educated exorcise that people, de- that will is bring another on topic board for the another bigger great mon of natural gloating resource over others’ endowfail- time. ments, constituen­cy Let’s great get peace back of cassava and to the youth farm- divZambian ure into among the breakfast ourselves. ethanol cereal. production The

idend, ers indeed so many greats, yet

In addition to mobilising re- major value challenge chain. The this product food grade is sources not at at the individual pinnacle of and achievefam­ily faced ethanol was that that will it was be not produced the

ment level, and we also performanc­e, need transforma­tion economi

primary focus of its producers

cally in of sufficient some and socially. institutio­ns quantities Could to this will contrib- be en- an

and it did not have behind it the

indication sure ute to that closing that all producers this we do gap. not Equity embody of spir- fi-

kind of marketing muscle that

harmony it-based nancing via that alcohol the leads stock in to the sustainabl­e exchange country is

internatio­nal brands devote to

success? would far much not more have patient import than bank the

their cereals.

product loans, Indeed, but going this at the will forward. require national people lev

To conclude, it should be

els, that it are is involved not difficult in those to see institu- how heartening The other that we major don’t develop- have

dis-harmony tions to appreciate leads to their dis-function impor- to ment look that from hard making to uncover the hand in a country. We are witnessing great sanitiser tance innovative and from significan­ce product molasses ideas to is this all unfolding the demise of a once undertaken the cause. other Money co-products in Zambia that sits which in that pension can great powerful nation that hold be funds produced the and promise statutory in of becoming the funds process. could seems to be forgetting to exist as national readily be icons. mobilised However, for what business a Two harmonious of the co-products melding of peoples from ought financing to be through dishearten­ing the is Capital that

of the diverse molasses background­s to ethanol and process eththe Markets, efforts but to establish the onus these is on the nicities. are liquid fertiliser and animal fledgling latter to products come amount the party to with nothing. feed. It Carbon appears If there dioxide like is a plethora dis-harmony is also an- market developmen­t. of is other such being co-product failures, promoted this to produced should the speedy in

There are other potential op- demise of that once upon a time naturally the tions process for point financing and to the this fact businesses could that be great nation. there used like impact are in manufactur­ing deficienci­es funds which in our of seek car- to

If something is not speedily economic bonated support businesses drinks setup as far well that as look as giving green into done to restore harmony in that support house broader applicatio­ns. to environmen­tal such initiative­s and is sus- nation, they may quickly reach concerned. tainabilit­y Full capacity issues To be over clear, production and this above a point of no return and end up is financial not only profits. about establishi­ng There are also being of the relegated ethanol to from the heap molas- of iconic some Zambian financial products. support It mecha- the ses could once-upon-a-time indeed bring greats. on In is nisms also that with the technical call to replace assistance our market neighbourh­ood, a number we of have products seen imported for business products start-ups, with but locally the only produced dis-harmony that could ones lead contribute will to yield cessation to destaof challenge all these have, apart limited bilisation importatio­n results of a once of if there some great are items. economy. no For from not being homegrown solu- mechanisms Surya But the itself, same and a is systems by-product true at in global of tions, is their long-term sustain- level. It is harmony among the naplace the ability, production to once support a business innovative process manages is new gas tions, multi-lateral and multi-naproduct which to go past is initiative­s, used the post. for over Indeed, energy and part in the of tional organisati­ons of the world above plant, the homegrown failing thus cutting to take solutions advantage back we on need the that will lead to sustainabi­lity. of use for readily plugging of fossil available this fuels gaping for externalit­ies its financing energy.

Without which we may just to gap communitie­s is for the likes that of may the Industrial succeed The in tragedy annihilati­ng that ourselves the currently Developmen­t be excluded Corporatio­n from the (IDC) off COVID-19 planet. pandemic The Sustainabl­e has economic to establish system. an in-house venture Developmen­t wreaked on the Goals economies (SDGs) and will fund to support business under- not fortunes be achieved of our without economy, harmoand takings such as those that have nious indeed coordinati­on of many others, among all could the been written about previously. different well prove key to players be a source and of stakesig- holders. nificant inspiratio­n and inno-

Indeed, we need to abidingly vation going forward. appreciate and embrace the fact that sustainabl­e success needs harmony, in all spheres of endeavour and at all levels of existence.

 ??  ?? BUUMBA CHIMBULU
THERE
BUUMBA CHIMBULU THE
SOME commercial banks have joined the mobile payment transactio­n module under the National Financial Switch (NFS) which intends to lower the cost of handling money among consumers by using a joint system.
BUUMBA CHIMBULU
ZAMBIA
BUUMBA CHIMBULU THERE BUUMBA CHIMBULU THE SOME commercial banks have joined the mobile payment transactio­n module under the National Financial Switch (NFS) which intends to lower the cost of handling money among consumers by using a joint system. BUUMBA CHIMBULU ZAMBIA
 ??  ??
 ??  ?? Mr Mwanza
Mr Mwanza
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