MINE SUPPLIERS GET CREDIT FACILITY
By Tamara Muswala
Small and Medium Enterprises Minister, ELIAS MUBANGA says the new dawn government will provide policies that will ensure that SMEs prosper.
Mr. MUBANGA says government has realized that the problem most SMEs face is lack of finance.
He has explained that government will give all the support to SMEs, because they contribute towards the growth of the economy.
Mr MUBANGA was speaking in Kitwe on the Copperbelt, at a signing ceremony between Mopani Copper Mines and Inde Credit, a macro finance lending institution.
And Inde Credit Executive Director, PETER BWALYA has said his firm has invested over 750 million kwacha and provided over 1700 credit facilities.
Meanwhile Mopani Copper Mines Corporate Affairs Manager, LORRAINE TEMBO has explained that the MOU will enable Mine suppliers and contractors deliver goods on time.
Speaking at the same event, Association of Mine Suppliers and Contractors President, COSTA MWABA said the initiative by Inde Credit is what most suppliers and contractors have been crying for.