PRESIDENT Hakainde Hichilema says the government’s ability to manage funds remains poor, and has called for a shift in financial allocations from the national budget towards more efficient platforms such as the Growth Investment Partners (GIP). GIP is a strategic partnership comprising the National Pension Scheme Authority (NAPSA), British International Investment (BII), and Swedfund. The initiative aims to inject $300 million over the next 15 years into Zambia’s Small and Medium Enterprise (SME) sector. So far, $70 million has been secured, including $37.5 million from BII, $17.5 million from NAPSA, and $15 million from Swedfund. GIP Zambia seeks to address the long-standing financing gap that has hindered SME growth. Speaking during the launch of GIP Zambia, Tuesday, President Hichilema said...

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