Mon, 29 Jan 2018 15:08:59 +0000 By BUUMBA CHIMBULU THE Zambia Development Agency (ZDA) has announced that it has this year started implementing the Trade and Industrial Development Fund meant to provide cheaper financing to entrepreneurs. ZDA has also announced that it is rolling out decentralisation to support investment ventures in rural areas. ZDA Director for Enterprise Development, Mukula Makasa, said the agency was aware of the need for cheaper financing for local entrepreneurs such as the Micro, Small and Medium Enterprises (MSMEs), hence the operationalising of the fund. Mr. Makasa emphasised that the fund would provide a combination of capacity building to cheaper financing. “In terms of financing, we are in the process of implementing the Trade and Industrial Development Fund, this is an imperative measure, “If businesses have to grow and graduate, they need some solid innovative medium to long term financing. Other countries have succeeded in this sector due to capital funds,” […]
