Budget to “boost crop, livestock, fisheries productivity” – Mutati

The 2018 budget will especially benefit Zambian crop, livestock and fish farmers, said Zambian Finance Minister Felix Mutati. Mutati delivered his K71.6 billion budget on Friday, highlighting the improvement of agriculture market information systems and the development of functional markets. The focus will be on sustaining high production and enhancing…

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Bank of Zambia rate reduction to boost lending and productivity

The drop in policy lending rates as well as the lowering of the statutory reserve ratio will open borrowing opportunities for small and medium enterprises (SME’s), including agricultural operations. According to the Private Sector Development Association (PSDA), the downward adjustment will move SME’s from short-term borrowing to medium-term borrowing as…

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