Women entrepreneurs in phones’ remains galore steadfast to member states By

BUUMBA CHIMBULU

ABOUT 44, 000 cell phones will soon be distributed does to not women need across foreign four expertise selected for its provinces gold mining by the as Financial the country Sector has Deepening skilled

African Development Bank (AfDB) has manpower Zambia (FSDZ). to handle the investment. pledged This is to according deliver financial, to the Federation knowledge of and Small- policy

This is aimed at expanding digital finance and

support to regional member countries such as

Scale enhance Mining information Associated sharing of Zambia on the impact (FSSMAZ) of

Zambia during and after the Covid-19 pandemic

president, Covid-19. Joseph Mwansa.

period.

Pastor The exercise Mwansa will regretted be conducted that it with was As a result, AsDB has already approved up to unfortunate participation that from Zambia the Swedish in most International cases US$10 billion relief package this year to support

Development Cooperation Agency (SIDA) and prioritised member countries foreign during investors the Covid-19 over the pandemic. locals. from Department for International Development He It is was because has reacting advanced of such to the initiatives discussions US$2.5 which million with have South led (DFID). National Strategy for Development of partnership to Africa S&P Global on exporting between rating agency of ZCCM semi to processed IH affirm and AfDB’s Sudanese honey AAA

Statistics FSDZ Chief which Executive is being Officer, drafted Betty will Wilkinson, help company rating, to that with country, Karma stable says outlook. Investment Commerce, for gold Trade and

said improve the organisation the statistical was capacity confident responsive that the processing Industry The rating Minister, investment. agency Christopher indicates that Yaluma. the AfDB will play

distribution of the devices would help drive digital a key to Mr the role Yaluma ever-changing in supporting said discussions the demands region, had of particularly reached the in the

“What finance country, expertise following the Zambia the will recent Statistics they bring installations Agency which of (ZSA) cell context an advanced of Covid-19. stage and that Government was Zambia phone has said. doesn’t towers currently have? Some at 90 percent. qualified and

optimistic Commenting that the on the move rating, would AfDB contribute president, to the experienced Ms ZSA Wilkinson Statistician-General, Zambians said with are cell Mulenga working phones, Musepa, in Akinwumi country’s Adesina, said the institution would continue

beneficiaries diversification could get agenda. information about Lumwana to said maintain once refinery. quality implemented, standards, the with strategy strong would support

Covid-19 “That has and been learn discussed financial and options we are to keep very much of advanced. “Which enable all shareholders. the school The country concept did Dr come Adesina they is up that go with explained to South where evidence Africa that would this Zambians their policy micro formulation can’t enterprises go which and alive. learn? She cardinal Do was we speaking in need would like to be get done the honey delivering core the but was much Zambia needed is saying financial, it is

recently improving when the welfare she featured of the on people. the Covid-19 Africa foreign knowledge better we expertise export and policy the for honey support gold mining in full to regional processed in Zambia?” member form

Watch’s Mr Musepa conversation. said in an interview in Kabwe Pastor countries and that Mwansa during is what and wondered we have after submitted the in Covid-19 a statement. and pandemic. that is our

that “With the participation strategy would from also SIDA help and from country DFID, position He “We are as delighted it is now,” with he and said welcome in an interview. S&P Global’s we are said going it was to distribute time Government 44,000 cell created phones to improve Mr Yaluma to statistical affirm said the the capacity Bank’s move AAA/A-1+ would which ensure was rating. currently that It policies decision that encouraged indigenous citizens

poor low compared women across to other four countries of the poorest in Africa. provinces to reflects Zambia participate the added Bank’s in value big very projects to strong natural financial to resources develop position which their and in

in Zambia. He said according Then they can to have World access Bank to these risk turn management, would create as more well employment. as our sound governance,” nation. services. ranking for We 2019, had Zambia hoped that was would standing happen at 53.6 he said “What in this a statement. means is that we must add value Pastor anyway, percent Mwansa compared Covid-19 wondered helps to Egypt us drive which how it faster,” was Zambians highest Ms to The our rating natural agency’s resources report so that indicated we create that the would Wilkinson said. Ms Wilkinson said FSDZ Zambia AfDB employment with would 86.6 assist percent play and Government a then key followed role get most supporting in by building Malawi of the profits the at the 79.3 region, from economy was percent. conducting when they many were programmes not being on given information an particularly that and having in the it context semi processed of Covid19. and send them. opportunity sharing Mr Musepa, on to Covid-19 invest issues, in meaningful said particularly Zambia projects was with on the “The “Then institution we will be therefore, approved befitting an what up to we US$10 are billion chiefs, course traditional and was bot chiefs lagging in Zambia, behind. particularly in such relief articulating package as the now, gold for 2020, having refinery of diversified which plant. US$6.9 from billion copper will

Luapula “The National Province. Strategy for Development be mostly He financed explained going by into AfDB that agro and processing. the remainder We could should through create keep its

“We Statistics went (NSDS) there, we number Government videoed is them. important They for and concessional that offer as it is,” shares lending he said. through window. The Minister the stock called exchange on local

decided managing that the they modern-day wanted to society. talk not Zambia only about and farmers “The allow stable to Zambian ensure outlook their companies reflects produce our was expectation and of individuals high quality that,

health protection, but also about digital finance, over if needs Zambia the next good had two statistics to years, penetrate to AfDB make the will industry decisions prudently beyond based manage the to because on invest evidence,” in they the view gold Mr Musepa that business as a said. way through of becoming ZCCM- its borders. capital while Mr Yaluma maintaining stressed solid the levels need of to high-quality provide IH. safer,” He said she having said. a statistical capacity which liquidity service assets to the people and robust by supplying funding,” products S&P Global

“We was Ms the always Wilkinson country’s talk said about ability her organisation to Zambians collect statistics building was working said of superior in a statement. quality. This, The rating he said, agency was also positively an the with required, economy. savings would groups But make how to it educate do easy we for build them country the on they to assessed opportunity the to Bank’s have a strong trial run financial into the risk wider profile, market economy could plan for continue when development Zambians with their programmes of are the not country. given without an capital of COMESA adequacy, and Africa funding Continental and liquidity, for Trade extraordinary Area. opportunity compromising Mr Musepa to invest said the Covid-19 the in strategy the Gold health was refinery guidelines. a tool for plant? shareholder Meanwhile, support Mr Yaluma and adequacy recently announced of its governance that

“We development have 800,000 of Zambians an Integrated and these National Zambians and local management. farmers are appealing had started to His supplying excellence their produce Edgar

are Statistical used to Strategy meeting which together would on enable a regular the basis Chagwa to S&P chain expects Lungu stores that to ensure AfDB’s with draw there shareholders the was contract no shortage would or

and country sitting collect next and to each process other, relevant very close statistics and partnership,” remain during supportive this period he said. by of providing Covid-19. timely capital

handling to inform a policies. lot of cash. payments. Pastor Mr Yaluma Mwansa said a said: taskforce “We can team learn has been from

“So He said we sat his down organisation with them was and working said, ‘ What with formed The rating which agency includes noted the the Chain Bank’s stores US$115 , Zambia Mopani are other the institutions how things they that among are under treating them, COVID-19 us the and Bank you avoid shouldn’t of the billion Association capital of increase, Manufacturers approved and by other shareholders players in past do? Zambia, mistake. How Zambia can Are you Revenue you adapt telling your Authority, programmes us that Ministries there and are October in the industry 2019, and which the were replenishment aggressively to the tackling African no change of Zambians Finance, them Local with and Government, money? make them This still Labour is successful?” a dangerous and Development the issue of ensuring Fund, the local Bank’s farmers concessional are given window, top complex.” she Social said. Security, and that of Livestock and in priority December by chain 2019. stores.

Fisheries.

ZAMBIA BUUMBA CHIMBULU THE BUUMBA CHIMBULU KETRA KALUNGA ZAMBIA THE

are for sector finance, that imported may access be goods challenged, to foreign are him/her In pushing similar down. vein, to I also there think expand are it is now not any the at-

these better exchange, scales than local and can input ones, be tipped. supply the wonder production tempts at that doing a of country village ethanol banking with from such in

Looking import were also substitution ahead, amended the strategy sector in support great cassava our market, potential so that but in these in every so will doing, direction only be it

needs will of exporting have a new limited firms. strategy success. In and But a you successful look: greatly if we educated exorcise that people, de-

rethink that export is another of taxes how on to topic semi-finished sail for the another current will bring on board the bigger great mon of natural gloating resource over others’ endow- fail- turbulent time. leathers constituency Let’s were economic get also back of cassava introduced waters. to the farm- to ments, ure among great ourselves. peace and youth div- Indeed, Zambian incentivize ers into tough the breakfast functional ethanol economic cereal. production upgrading times The idend, In addition indeed so to many mobilising greats, yet re- and major of value tanneries the challenge chain. Corona The Virus this product food Disease grade is sources not at at the individual pinnacle of and achieve- family (COVID-19) faced ethanol Zambia was that that needs pandemic will it was a similar be not call produced the for ment level, and we also performance, need transformation economi-

different primary strategy focus measures. and more. of its The producers With first the step cally in of sufficient some and socially. institutions quantities Could to this will contrib- be en- an

is and biggest a mapping it did challenge not of have different lying behind in threats it the indication sure ute to that closing that all producers this we do gap. not Equity embody of spir- fi-

and kind terrible opportunities. of marketing hide keeping muscle For habits, instance, that harmony it-based nancing via that alcohol the leads stock in to the sustainable exchange country is

the international cattle COVID-19 ranchers brands outbreak and goat devote provides and to success? would far much not more have patient import than bank the

an their sheep opportunity cereals. farmers for require manufacturing behavior product loans, Indeed, but going this at the will forward. require national people lev-

firms change To to conclude, tap to deter into local it flogging should and be els, that it excessive are is involved not difficult branding. in those to see institu- how

regional heartening and value that chains. we don’t have

The other major develop- dis-harmony tions to appreciate tanning leads to investment their dis-function impor- to Insufficient ment Additionally, look that hard the to tough uncover times

from making the hand in a country. We are witnessing call great and sanitiser for inadequate innovative increased from product knowledge molasses dialogue ideas is all tance and significance to this unfolding the demise of a once between undertaken could the other be manufacturers addressed co-products in Zambia through which and that can cause. Money that sits in pension great powerful nation that different hold industrial be produced the policy promise policy making in change. of becoming the bodies. process. funds and statutory funds could seems to be forgetting to exist as

To national While typify the icons. this, marketing manufacturers However, and what readily be mobilised for business a Two harmonious of the co-products melding of peoples from

need ought logistics to raise be challenge disheartening their voices could be is that financing through the Capital of the diverse molasses backgrounds to ethanol and process eth-

together the addressed efforts to to the by establish Energy expectation these Markets, but the onus is on the nicities. are liquid fertiliser and animal

Regulations fledgling that Government, products Board’s which amount increased is to latter to come the party with

It Carbon appears If there consumer like is a plethora dis-harmony feed. market biggest development. dioxide is of also an-

electricity nothing. the and fuel prices, is other such being co-product and failures, promoted leather this to products, produced should the speedy in

and of leather illustrate the huge strain

There are other potential op- demise of that once upon a time this naturally would the tions adjustment process champion for point financing and to will the support this have fact could that to be

businesses great nation.

on there the the industry are already deficiencies by struggling buying in locally our used like impact in manufacturing funds which of seek car- to

If something is not speedily

manufacturing economic produced setup leather sector. products, far Similarly, as giving after support businesses drinks as well that look as green into done bonated to restore harmony in that support the house broader call public applications. for to budget such sector initiatives highlights proposals is its will

environmental and sus- nation, they may quickly reach require concerned. required tainability Full unison specifications. capacity To voices be clear, production from this the

issues over and above a point of no return and end up is financial not Despite only profits. about its current establishing There state, are the also

sector. being of the relegated ethanol to from the heap molas- of iconic Zambian some Zambian financial leather products. support and leather It mecha- the ses To could once-upon-a-time turn the indeed tide bring increase greats. on In is products nisms also that with sector the technical call has to so replace assistance much manufacturing our market neighbourhood, a number contribution we of have products to seen imported potential for business products considering start-ups, with that but locally the only GDP, dis-harmony that manufacturers could lead contribute to should cessation to desta- of produced raw challenge hide materials ones all these will are yield have, readily apart support bilisation importation each of a other once of some great by creating items. economy. For limited available, from not results being and if their there homegrown quality are no solu- local But forward the same and is backward true at global could mechanisms easily Surya tions, be is itself, their improved. and long-term a systems by-product If enhanced, sustain- in of linkages level. It is and harmony promote among the the na- place the ability, leather production to once support sector a business innovative process could manages is new gas “Proudly tions, multi-lateral Zambian Campaign”. and multi-na- product effectively which to go past is initiatives, used the contribute post. for over Indeed, energy to and job part in the of Additionally, tional organisations the Government of the world above creation plant, the homegrown failing thus and cutting to foreign take solutions advantage back exchange we on need the should that will ensure lead to policy sustainability. of earnings. use for readily plugging of fossil available Without this fuels gaping doubt, for externalities its financing energy. the consistency to communities and that engage may private

Without which we may just sector gap The is for is income the tragedy likes intensive of the that Industrial the

sector currently on be anticipated excluded policy from the succeed in annihilating ourselves and Development requires heavy Corporation sunk (IDC)

changes. economic system. off COVID-19 planet. pandemic The Sustainable has costs, to establish thus, an Government in-house venture Development wreaked on the Goals economies (SDGs) and will needs fund to to support attract foreign business direct under