In its continued quest to support the Growth of Micro, Small and Medium Enterprises (MSMEs), Stanbic Bank has committed 50,000 Kwacha towards the rebuilding of the Lusaka City Market, which was recently destroyed by a fire.
The bank has also offered free banking services for a period of one year for clients who lost their property and merchandise in the fire, as they recover and try to turn around their business fortunes.
Stanbic Chief Executive Charles Mudiwa said the bank regarded micro, small and medium entrepreneurs as the engines of the country’s economic growth that needed support.
The donation will be channeled through the committee of ministers that was recently appointed by President Edgar Lungu to co-ordinate the rebuilding of Lusaka City in which hundreds of traders lost their merchandise.
The committee will also consider the traders’ recovery plan by mobilizing resources for relief for the affected traders.
The committee, chaired by Vice-President Inonge Wina.
AUGUST, 3 2017