Government Hailed For K21.9 Million Loan to Marketeers

The Zambia National Marketeers Association (ZANAMACA) has hailed government for the K21.9 million Citizen Economic Empowerment Commission’s (CEEC’s) marketeers loan scheme.

President of ZANAMACA, Mupila Kameya, noted the importance of the government’s recognition of the informal sector through the provision of loans.

Kameya added that he was confident the loan scheme would help hugely to reduce income inequality within the country, helping to alleviate poverty in the region by providing a lifeline to businesses who were drastically impact by the COVID-19 pandemic.

"The 21.9 million initial seed capital support to the 3,800,000 marketeers across the country by CEEC will help the marketeers business recover and grow,” Mr Kameya stated.