ENTERPRISE holds the key to growing a successful economy and a lot of work still needs to be done to awaken Zambia’s potential business magnates, says Nyamuka Zambia manager Shalin Jethi.
Mr Jethi said it was encouraging to see many organizations excited about the future of Zambia’s entrepreneurs, adding that SMEs were key to economic development, and that programmes aimed at driving the economy should be supported.
“We need an ecosystem where we work in partnership rather than in competition; this is not about Nyamuka, but about the existing business that wants to raise its game to the next level for a successful economy,” he said.
He said Nyamuka business plan competition was open to entrepreneurs from all economic sectors from around Zambia.
“The largesse is there as donors and governments realize that development through enterprise is the true way out of economic hardship,” he said.
He said Nyamuka Zambia business plan competition seeks to unleash entrepreneurial talent across Zambia and to promote diversity.
Mr Jethi said this when he addressed business leaders and entrepreneurs during a reception for the Nyamuka Zambia business plan competition on Friday.
Nyamuka Zambia is part of the Private Enterprise Programme – Zambia (PEP-Z), funded by the UK government’s Department for International Development (DFID), aimed at transforming Zambia’s entrepreneurial landscape by inspiring young ambitious businessmen and women to raise their game and take their ideas to the next level.
Nyamuka Zambia partnered with institutions such as Zambia Development Agency (ZDA), Zambia Association of Chambers of Commerce and Industry (ZACCI), Kitwe and Ndola Chambers of Commerce, WeCreate Zambia, BongoHive and Future Search.