Minister of Commerce Trade And Industry, Christopher Yaluma has expressed confidence that the operationalisation of the collateral registry will enhance access to credit particularly by Micro Small and Medium Enterprises in the Country.

 

The collateral registry is established under section 11 of the movable property act number 3 of 2016 which provides for creation, perfection and priority of security interest with the ultimate goal of promoting movable property based lending.

 

And Mr. Yaluma has reiterated that government acknowledges that creating a conducive business environment is key towards achieving economic growth.

 

The minister said this shortly after touring some stands at the 92nd Zambia Agriculture and commercial show seminar today.

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