THE Zambia Development Agency has cited lack of business acumen, little or no knowledge on legal aspects of the business environment and insufficient capital as major challenges that most businesses are facing in rural Zambia.
Luapula Province Zambia Development Agency (ZDA) enterprise development officer James Pondo said it was hard to do business activities in rural areas.
He noted that most businesses, especially in rural areas, face challenges ranging from lack of business registration facilities to capacity.
Pondo said it was from that realisation that government through ZDA had embarked on a programme called Business Information Forum Chienge, Kawambwa, Nchelenge and Mwense districts to expose business executives to legal aspects of business.
Pondo said so far, over 300 businesses had benefited from the programme in Luapula Province.
He explained that out of the 300 businesses, 80 were road contractors who were oriented to the 20 per cent contracts benefit.
He said the programme had successfully recorded a positive feedback saying a good number of women and youths had commenced forming and registering businesses.
Pondo said ZDA was conducting regular training around the country to impart knowledge in women, youths and men to enable them understand the legal business environment.
"Government is further assisting entrepreneurs to start new businesses by providing them with technical information and start-up capital through youth development funds and economic empowerment for women programmes," said Pondo in an interview.