In general, Small and Medium Enterprises (SMEs) in Zambia cite access to finance as the main constraint they face. However, what most SMEs do not realise is that financial institutions and use other people’s money to invest at a profit. For this to happen, SMES must present feasible and innovative proposals with realistic prospect to deliver good profit. A business …
Tips on some good business practices for SMEs
One of the main problems that most businesses face is accessing finance. This is especially the case with Small and Medium Enterprises (SMEs) across different sectors. Why is it hard for most SMEs in Zambia to access funding? Let me share some tips on how you can make your business ready to attract funding, however remember you are a business …
Making Farming Profitable: Integrating Youths into Viable and Sustainable Agricultural Value Chains
Zambia has a young population with the youth constituting 36.7% of the total national population (CSO 2010). Youth unemployment remains a serious challenge and there is urgent need to create opportunities for youth to ensure equitable and sustainable development. This article highlights some of the opportunities young people can take advantage of in agricultural value chains. The potential of a …
Addressing the missing middle in Zambia’s agricultural sector
One of the major challenges that the Zambian agriculture sector faces especially for the medium agri-enterprises is access to finance. While some may argue that this challenge is across the whole sector, this article will focus on the medium sized agri-businesses because they form a critical link between smallholder farmers and large-scale processors or customers in Zambia. Difficult conditions for …