By TROY MUKUPATHE Citizens Economic Empowerment Commission (CEEC) will soon submit a proposal to the Bank of Zambia (BoZ) for funding, CEEC director general, Lukando Mukumbuta has said.Mr Mukumbuta said CEEC had received thousands of applications from citizens asking for financial capital but had not been too responsive because of resource constraints.He however said that CEEC would submit a proposal for consideration for the K10 billion that had been given to the Central Bank for empowerment purposes.Mr Mukumbuta said CEEC had just completed the construction of industrial yards which would be made available to citizens that would want to venture in manufacturing or agro-processing.He said the main challenge had been finding capital for the many applicants who were interested but now would be easier with available funds.Mr Mukumbuta hailed the Central Bank and Ministry of Finance for the K10 billion that had been injected in the Zambian economy.He said the money had come at the […]
CEEC eyes K10 billion BoZ financing
