GOVT TO BROADEN SCOPE FOR SME’S

By Blessing  Chibuye

Small and Medium Enterprise Development Minister, ELIAS MUBANGA says government is working at introducing legislation that will broaden the scope and reduce the cost of financial services for SMEs.

Mr. MUBANGA says the legislation will also create an enabling environment for the development of the financial sector and the transition to a digital economy.

He says this will spur innovations in the financial sector which will allow SMEs overcome the challenges caused by the COVID 19 pandemic.

Mr MUBANGA was speaking during the launch of the Atlasmara SME Customer Value Preposition service in Lusaka today.

And speaking at the same event, Atlasmara Acting CEO BOBBLINE CHEEMBELA said the new service has three key areas namely the Atlasmara Business Club, the Mobile App and a Lending program meant to provide a wide range of financial solutions for enterprises.

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