Economy

27,000 SME Jobs Created in 2018, Says Govt

Commerce, trade and industry minister Christopher yaluma has disclosed that 27,000 jobs were created through the small and medium enterprises last year.

Speaking on the sidelines of the World Economic Forum (WEF) workshop in Sandton,  South Africa, Yaluma said the use of cooperatives and clusters were yielding positive results for Zambia.

He said SMEs in Zambia were contributing positively to the economy due to the high number of jobs being created in this industry.

Yaluma further expressed optimism that the trade and industry reforms that government had implemented would lead to the country’s industrialisation.

He said Zambia was now able to manufacture goods for export, particularly in the agro-processing sub-sector.

Yaluma said the revised policy on industrialisation has enabled Zambia to begin to add value to its raw materials.

But lack of adequate support for the SMES from commercial banks and other financial institutions in the country is a source of concern for Yaluma who asked other players to come on board and increase funding for the SMES.

8 Comments

  1. charles

    In as much as you are announcing the number of casual workers Mr yaluma,can you also announce the Job loses just last year?
    Your government is heartless and doesn’t think because opening its mouth.
    The economical standard of living has shoot up to unrealistic levels and here you busy painting the world with lipstic as though everything is ok in the country full of abundance natural resources.
    You have mismanaged our economy due to experiments,its a try and erring government.
    You have no proper economic direction,nowonder you are bullying every commentator who speaks against your failure and your ills.
    Everyone who mismanages time,opportunity,money and so on has pleasure to encounter,do This is what is happening to you guys,as a result you are trying to cover up,but zambians are so educated to the that you can not cheat them anymore.
    You guys found the kwacha stable and workers were enjoying but today our country is in a mess.
    Zambia shall rise again after you are kicked out.
    May God bless my country

    Reply
  2. charles

    In as much as you are announcing the number of casual workers Mr yaluma,can you also announce the Job loses in just last year?
    Your government is heartless and doesn’t think before opening its mouth.
    The economical standard of living has shoot up to unrealistic levels and here you re busy painting the world with lipstic as though everything is ok in the country full of abundance natural resources.
    You have mismanaged our economy due to experiments,your government is a try and erring government.
    You have no proper economic direction,nowonder you are bullying every commentator who speaks against your failure and your ills.
    Everyone who mismanages time,opportunity,money and so on has pleasure to encounter,do This is what is happening to you guys,as a result you are trying to cover up,but zambians are so educated to the that you can not cheat them anymore.
    You guys found the kwacha stable and workers were enjoying but today our country is in a mess.
    Zambia shall rise again after you are kicked out.
    May God bless my country

    Reply
  3. charles

    In as much as you are announcing the number of casual workers Mr yaluma,can you also announce the Job loses in just last year?
    Your government is heartless and doesn’t think before opening its mouth.
    The economical standard of living has shoot up to unrealistic levels and here you re busy painting the world with lipstic as though everything is ok in the country full of abundance natural resources.
    You have mismanaged our economy due to experiments,your government is a trying and erring government.
    You have no proper economic direction,nowonder you are bullying every commentator who speaks against your failures and your ills.
    Everyone who mismanages time,opportunity,money and so on has pleasure to encounter,so this is what is happening to you guys,as a result you are trying to cover up,but zambians are so educated to the point that you can not cheat them anymore.
    You guys found the kwacha stable and workers were enjoying but today our country is in a mess.
    Zambia shall rise again after you are kicked out.
    May God bless my country

    Reply
  4. Chansa

    But Zoona Too Much Lack Of Wisdom In Our Country. Imwe Ba Yaluma U Are Evening Opening Your Mouth Saying That 27000 Jobs, Kwisa Maybe In Your House Coz Us We Didn’t See That,,,,,, We Are Promising And Assuring You Guys Come 2021 We Will Deal With You And Without Fail.

    Reply
  5. Nandambwa

    Kwisa 27, 000 jobs…..bushe am dreaming or what??,,,,,,

    Reply
  6. Ba luanshya

    You are even proud to announce ati 27, 000 jobs….bupuba Ubo atah

    Reply
  7. veacho

    Were are these Jobs Cause we are still looking for employment, ever since PF got in power till now, you Liars, I will never vote again.

    Reply
  8. IRONMAN

    27000 jobs?

    Reply

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