CEEF sets up Kr 10 million scheme for each province in Zambia

The Citizens Economic Empowerment Funds has introduced a Kr 100 million scheme aimed at developing industries in all the ten provinces of Zambia.

 CEEC director General Likando Mukumbuta says this scheme is an addition to his commission’s industrialisation programme in the country.

 ZANIS reports that Mr.  Mukumbuta disclosed this at a consultative stakeholders meeting which was held in Mongu district at country lodge, yesterday.

 Mr. Mukumbuta said a total of 1000 jobs in each province and empowering 4 000 micro entrepreneurs will be created saying the programme will run for the next four years in intervals of one year in three districts of each province.

 He explained that 10 million kwacha rebased will be allocated to each province per year for these projects.

 The Director General said the commission has taken a value chain approach to focus in each of the industries in the districts as each district has a significant resource different from the others.

 Mongu, Kaoma and Sesheke Districts , respectively, have been identified as the first districts in western province.

 He said the fish industry has been identified for Mongu, cassava for Kaoma and timber for Sesheke districts saying these are first group of three districts in western province in the programme.