SMEs crucial to growth of the economy – ZACCI



By Nation Reporter

THE micro, small and medium enterprises (MSMEs) play an important role in the growth of the economy, says the Zambia Chambers of Commerce and Industry president Geoffrey Sakulanda.

Mr Sakulanda said no nation in the world could grow without MSMEs, Zambia included.

Mr.Sakulanda said in most economies, MSMEs accounted for more than 60 percent.

The ZACCI president said this in Chisamba when he officially launched the MSMEs Business Tool Kit during the 59th Annual General Meeting for ZACCI members.

He further disclosed that his chamber was working closely with the SADC Chambers of Commerce and Industry (ASCCI) in an effort to link and open new markets within and outside Zambia.

Mr.Sakulanda also distributed the kits to all the 10 ZACCI membership (offices) which contained six modules: introduction to entrepreneurship, business planning, financial management, sales and marketing, people management and general business management.

He expressed gratitude that the toolkits would fill the knowledge gap among MSMEs on how to successfully run their own businesses.

“I implore you MSMEs throughout the country to access the tool kit which are available at ZACCI and local chamber offices in districts,” Mr Sakulanda said.

Meanwhile, ZACCI has established two offices in the North-Western Province.

And North-Western Province Chamber of Commerce chairperson Josephine Makondo said the new offices that are established are Kasempa and Mwiniluga districts.

She said the chamber was determined to grow small and medium enterprises (SMEs) in rural areas and contribute to the growth of Zambia’s economy.

She also noted that SMEs plays an important role in any nation, Zambia included, hence her chamber was providing them with the necessary business knowledge and tools.

Meanwhile, Ms. Makondo disclosed that the chamber has also secured funds to improve water and sanitation in the province.

She said her chamber has partnered with the North Western Water and Sewerage Company in the provision of clean drinking water to the people in the region.

Categorized | Business

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