GOVT TO DRAFTING START-UP BILL

Small and Medium Enterprise Development Minister ELIAS MUBANGA says Government is determined to support the growth of Start-ups and Micro, Small and Medium Enterprise Development -MSMEs.

Mr. MUBANGA told a gathering of African Minister as part of the 2022 African Start- Up Conference in Algeria that Government is currently working on the Startup Bill and the MSMEs Policy.

He said once enacted into law, the start-up Bill will ensure Zambia has a functioning Startup ecosystem which will stimulate local participation especially among young innovators.

The Minister said the policy will speak to the innovation and technological capacity of MSMEs, market opportunities, and business development services among other things.

He said both of these documents are aimed at strengthening the operational environment for the Startups and MSMEs.

This is contained in a statement availed to ZNBC News in Lusaka.

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