State keen to boost women, youth busi­nesses

Daily Nation Newspaper - - ADVERTISEMENT -

By MAILESI BANDA GOV­ERN­MENT says it is steadily im­ple­ment­ing poli­cies and in­ter­ven­tions tar­geted at en­cour­ag­ing the par­tic­i­pa­tion of women in en­trepreneur­ship, busi­ness growth and na­tional build­ing.

Min­is­ter of Fi­nance Marg­eret Mwanakatwe said Gov­ern­ment had lined up the eco­nomic sec­tor to co­or­di­nate and ex­plore the growth po­ten­tial and ex­pan­sion of women and youth-led busi­nesses.

She added that his­tory had shown that busi­nesses cre­ated by women and the youth tend to grow in a more ex­po­nen­tial and sta­ble man­ner.

The min­is­ter said there was need for the coun­try to learn from past chal­lenges in man­ag­ing em­pow­er­ment pro­grammes in or­der to ad­vance the em­pow­er­ment of women through pru­dent, trans­par­ent and ac­count­able man­age­ment of em­pow­er­ment pro­grammes.

“As Gov­ern­ment we have lined up a num­ber of ac­tiv­i­ties that will see women ben­e­fit and par­tic­i­pate in the eco­nomic de­vel­op­ment of the coun­try.

“And since we have learnt through ex­pe­ri­ences that women are good busi­ness man­agers we hope to sup­port more women,” she said.

Ms. Mwanakatwe said as part of the gov­ern­ment’s com­mit­ment to sup­port women in the 2018 bud­get, a pro­vi­sion of K75.5 mil­lion for ed­u­ca­tional sup­port and grants had been made tar­get­ing 16,000 girls with a fur­ther 75,000 women ex­pected to ben­e­fit from grants.

She ex­plained that Gov­ern­ment had also given out agri­cul­tural de­vel­op­ment and value chain en­hance­ment pro­grammes through which the gov­ern­ment had been pro­vid­ing agri­cul­tural equip­ment in chief­doms to sup­port women clubs and co­op­er­a­tives.

She said most of the ru­ral women had so far ben­e­fit­ted from the Farmer In­put Sup­port Pro­gramme

“The im­ple­men­ta­tion of the farmer in­put sup­port pro­gramme (FISP) through the e-voucher pro­gramme un­der the Min­istry of Agri­cul­ture has seen a num­ber of women ben­e­fit.

“A num­ber of women have ben­e­fit­ted in all the 113 dis­tricts across the coun­try from a pro­vi­sion of K1.78 bil­lion which has been made in the 2018 na­tional bud­get for this pro­gramme,” she said.

Min­is­ter of Fi­nance Mar­gret Mwanakatwe

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