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Étiquette : SMEs Urged to

Zambia:SMEs Urged to Better Prepare Business Projects Before Seeking Financing

Zambia:SMEs Urged to Better Prepare Business Projects Before Seeking Financing

Breaking News, ENTREPRENEURIAT, INTERNATIONAL
Ndola, July 2, 2026 (TOP243NEWS).-Zambia's small and medium-sized enterprises (SMEs) have been urged to prioritize thorough business planning, market research and networking before applying for financing, during a panel discussion held on the sidelines of the 60th Ndola International Trade Fair. The discussion brought together representatives from the banking sector, the Citizens Economic Empowerment Commission (CEEC), Zanaco, the National Pension Scheme Authority (NAPSA) and local authorities. Panelists stressed that many entrepreneurs move directly from an idea to implementation without first assessing the commercial viability of their projects. "An idea is just an idea. Before putting it into practice, entrepreneurs must demonstrate that it represents a genuine business opportu...