How do you get from Zero to Zale? From idea to actual progress? The Zambian Start-up school of thought will tell you to :
Another school of thought will tell you that money is the least of your problems at this stage. There are 3 things you need to focus on ;
Without Capital, especially in combination with innovation, As a country we loose our competitive advantage. The High cost of credit is a result of monetary policies, combined with short tenure loaned funds and the lack of capacity for SMEs to ensure their bank-ability especially in the banks eye's.
Currently ,across Africa, private capital is on the march, turning the continent into a huge emerging market. Our continent is populated by numerous SME's, which as a result of the weakness of essential economic structures such as taxation, inclusive financial systems and low literacy levels affects our wealth. Our only option lies on investing heavily in job creation strategies and education systems that create skilled workers.
STHRZ09 – Investment Opportunities In Zambia's Economy, Episode 09
IN THIS EPISODE.......
PEOPLE AND COMPANIES WE MENTIONED IN THE SHOW
The Program is brought to you in partnership with Power 99.7 FM Zambia.
To Learn more about Kukula Capital and their KUKULA Seed Fund check out their website.
EPISODE LENGTH 00:15:53
If you’re looking for further information on the organizations that offer funding for projects/ideas/ventures, Read the 12 sources of Capital For Entrepreneurs
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Mwape is the host, co-creator and editorial director of the Startup Hour Radio Show. A co-production of Power FM Zambia and Startup Junction that takes listeners on a journey through the world of Zambian entrepreneurship.