Zambia is full of promise – Mwanakatwe

By Staff Reporter

FINANCE minister Margaret Mwanakatwe says Zambia is full of promise and on course in its quest to becoming a prosperous middle-income country by 2030.

The minister was commenting on a World Bank report that ranked Zambian women-led enterprises among Africa’s top 10.

The World Bank’s Global Entrepreneurship Index has also ranked Botswana, eSwatini, Gabon, Ghana, Namibia, Nigeria, Rwanda, Senegal and South Africa.

Mwanakatwe said the indicators listed in the entrepreneurship report were important affirmations that government policies on engendering developmental policies and women empowerment were changing lives and increasing opportunities for income generation among women.

She expressed hope that by addressing the difficulties women entrepreneurs face in the country, the potential of women’s businesses to become a major driver of economic growth and poverty reduction would be unlocked.

The minister stated that in addition to the opportunities offered by development partners, Zambia needed to aggressively leverage private sector capital to meet its developmental needs without leaving anyone behind.

This is contained in a press statement issued by Ministry of Finance public relations officer Chileshe Kandeta.

Mwanakatwe, along with her ministry’s permanent secretary in charge of economic management and finance Mukuli Chikuba, Bank of Zambia governor Dr Denny Kalyalya, national planning development minister Alexander Chiteme, his ministry’s permanent secretary Chola Chabala, secretary to the Treasury Fredson Yamba and deputy secretary to Cabinet (administration) Christopher Mvunga are attending spring meetings in Washington DC.