Zambia Credit Guarantee Scheme Limited Chief Executive Officer Mary Mumba has applauded Government’s decision to increase funding to the scheme from ZMW150,000,000 in 2023 to ZMW 386,000,000 in 2024 representing an increase of more than 100%. Speaking after the budget presentation by the Minister of Finance and National Planning, Honorable Situmbeko Musokotwane, Ms. Mumba expressed… Continue reading ZCGS Boss Applauds Increased Guarantee Funding in 2024 Budget
The Zambia Credit Guarantee Chief Executive Officer, Ms Mary Mumba was the proud recipient of the Distinguished Business Leadership Excellence Award in New York at a colorful event at the side lines of the United Nations General Assembly. The award which was conferred by the African Leadership Magazine recognized Ms Mumba for her efforts in… Continue reading ZCGS CEO gets Distinguished Business Leadership Excellence Award
ZCGS Chief Executive Officer was this morning excited to receive a team from Stanbic Zambia Bank led by the bank’s Chief Executive Officer, Mr. Mwindwa Siakalima. Mr. Siakalima and his team paid a courtesy call to ZCGS to understand their product offering and also discuss the possibility of signing an agreement that would allow the… Continue reading ZCGS and Stanbic discuss partnership
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Minister of Small and Medium Enterprises Engineer Elias Mubanga MP has called on the financial institutions in Zambia to increase funding to MSMEs in order to grow the economy. Speaking during the launch of the Citizens Economic Empowerment Commission 2022- 2026, Honorable Mubanga singled out ZANACO, NATSAVE, ZICB and ZCGS and DBZ as institutions that… Continue reading SME Minister calls on Financial Institutions to give more loans to MSMEs
The 27th June, 2023 has been officially recognized by the United Nations as World MSME Day. This is a day that Micro, Small and Medium Enterprises around the world are appreciated due to their contributions to national economics in terms of employment and income generation. It was for this reason that Zambia joined the rest… Continue reading Zambia commemorates inaugural MSME Day
The successful restructuring of Zambia’s external debt will deliver benefits to the nation especially MSMEs Zambian President Hakainde Hichilema oversaw the conclusion of the debt restructuring process for Zambia’s external debt at a summit in Paris. The details of the restructuring are that Zambia’s debt will be extended to a period of 20 years with… Continue reading Historic Debt Restructuring Milestone a Huge Win for MSMES- ZCGS
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ZCGS is excited at the Republican President Hakainde Hichilema’s taking of the chairmanship of the Common Market for Eastern and Southern Africa (COMESA) at the 16th COMESA summit being held in Lusaka, Zambia. Mr. Hichilema takes the mantle from his Egyptian counterpart, Abdel Fattah El Sisi and will be deputized by Burundian President, Evariste Ndayishimye.… Continue reading ZCGS Excited at HH’s COMESA Chairmanship
ZCGS and Restless Development met to discuss potential financing options to underserved groups especially women in rural areas. This was when Restless Development Country Director, Ms. Chanda Chisenga paid a courtesy call to the Zambia Credit Guarantee Scheme. During the meeting, Ms Chanda revealed that Restless Development is an organization that had operated in Zambia… Continue reading ZCGS and Restless Development meet to colloborate on Financing Option for Women in Village Bank Savings Group
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