Forget about total lockdown find survival strategies- Ng’andu tells industry

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Finance Minister Bwalya Ng’andu has urged business entities to turn their operations around and find survival strategies in face of the pandemic.

The Finance Minister has since expressed dismay over the snail pace in the uptake of the 10 billion Kwacha loan facility made available by the Bank of Zambia through Commercial Banks.

He said this has been so because of low levels of sensitisation on the facility.

Dr. Ng’andu said the Bank of Zambia will also engage business associations in the country to educate them regarding the process of accessing the facility.

He encouraged SMEs to seize the opportunity of the facility to boost their businesses through the Covid-19 period.

Ng’andu said the establishment of the Covid 19 Fund is underway, in line with the presidential directive and awaiting cabinet approval of the proposals.

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One Response to Forget about total lockdown find survival strategies- Ng’andu tells industry

  1. How do you lock down a basket case? Damned if u and damned if u don’t.

    Max
    May 10, 2020 at 8:49 pm
    Reply

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Start: 2019-07-01 End: 2019-07-31