By BUUMBA CHIMBULUTHE decision to create different tax brackets for small and big businesses as announced by President-elect Hakainde Hichilema will promote growth and create a level playing field.This is important because it will promote growth and not choke the little life of Small and Medium Enterprises (SMEs).This is according to Forum for Small and Medium Enterprises and Manufactures (SMEM) Principal Consultant, Godfrey Chingala.“Once we understand that enterprises need grooming and support, we will also understand that smaller business owners need mentoring and training apart from exposure,” Mr Chingala said in an interview.He noted that the majority of the Zambians were SMEs and manufactured, hence the need to support its growth.“Our excitement also comes from the fact that our President-elect comes from the business world and appreciates the uniqueness of the sector.“As he progresses in his term, we hope that he continues to look into the abilities of our organisation and similar ones to assist […]
SMES WELCOME FLEXIBLE TAX PROPOSAL
