MUBANGA advises cooperatives on financial stability
By Caren Mwaka
Small and Medium Enterprise Minister ELIAS MUBANGA has urged cooperatives to invest in agriculture for financial stability.
Mr. MUBANGA says this is because cooperatives play a significant role in driving growth of the economy.
He says the sector also uplifts communities and empowers individuals to improve their livelihoods.
Mr. MUBANGA was speaking during the Care Coops Society Annual General Meeting in Lusaka.
He said Government aims to create appropriate policies, legal and institutional frameworks to ensure investment in businesses is realized.
And Care Coops Society Board Chairperson KUDAKWASHE MUCHEKA praised the cooperative for its resilience in the face of global and economic challenges.
Mr. MUCHEKA attributed this success to the supportive environment created by the government, which has been crucial in fostering the growth of small and medium enterprises.
