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Government to release K15 billion towards citizen empowermente

Economic empowerment founds have been a thorn in the flesh in many country’s and Zambia in no exception.

Since its establishment about two years ago, the Citizen Economic Empowerment Commission (CEEC) has come under attack from several sections of the Zambian community.

Complaints have been that funds meant for empowerment in most cases end up in the pockets of the rich and privileged especially those in the corridors of power.

Zambia has had numerous economic empowerment programmes targeting to empower citizens, however, little impact has been seen hence some citizens expressing their mixed feelings over a similar programme this time around.

 

Mwanawasa Legacy

An initiative of the late President Mwanawasa, the Citizen Economic Empowerment Commission (CEEC) today said it has approved 109 business projects.

The Commission has since announced that it would by next release over
K15 billion towards the projects.

ZANIS reports that the CEEC has said the indicative figures by the commission shows that the appraised projects have the potential to create 861 jobs by January this year.

CEEC chairperson, Jacob Sikazwe announced this at a press briefing in Lusaka.

Mr. Sikazwe said 73 projects at a cost of K8.6 billon have been approved this year while 36 projects at a total value of K6.6 billon were approved in December last year.
He said of the 73 projects approved this month, 20 are being promoted by the youths, 21 by women, one project by the disabled and the remaining 31 are been promoted by male entrepreneurs.

Mr. Sikazwe said the commission is mainly focusing on the marginalized and less privileged such as marketers, small-scale traders, the youths, disabled, and people living with HIV/AIDS.
He noted that in terms of provinces, Lusaka province has 25 projects amounting to K5 billion, Southern has 23 projects at K1.6 billion, Eastern has 17 projects valued at K1.3 billon.

 

He said Copperbelt and Central provinces have two projects each at K74 million, and K88 million respectively while North Western has four projects valued at K403 million.

 

Commission Pillars

Mr. Sikazwe has bemoaned luck of understanding by the citizens regarding the work of CEEC saying the public focus is only the funds.
He said the citizens need to understand that CEEC is guided by nine pillars which are, equity, ownership, management and control, preferential procurement, skills development, and access to finance.

He said other pillars are transformation of society, corporate social responsibility, good governance, and Greenfield investment.

 

Sensitization

He has also disclosed that the commission has since embarked on provincial tours to raise awareness to the communities and ensure that empowerment programmes are effectively implemented by targeted citizens.

Mr. Sikazwe said with this tour the commission has seen an improvement and in the quality of application forms submitted by the citizens.

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January 27, 2009 Posted by | Uncategorized | 2 Comments