Shoe maker blames banks for his inability to expand
Getting a loan from a commercial bank or micro finance institution is usually not a problem in Zambia - but what is, is the cost of borrowing. It costs up to 30 percent to borrow money from a commercial bank and 15 percent from a micro finance institution. more
Zambians save under their mattresses
Less than one third of the country’s population has a bank account. Research indicates that the biggest percentage without bank accounts are the informal sector. But there alternatives to the official banking. more
Where is the access to finance? The role of financial institution in lending money to small enterprises in Zambia is a sticky point. Banks promise to be helpful (…lets dare to care….) , but still the most people wont have a chance for a loan. more
Private sector pays a lot to grow
Zambia is one of the places on the continent where it is difficult to do business. The procedures and costs of doing business are at an all time high. This is confirmed in the World Bank 2010 Doing Business Survey.
Horatio Willie
This dossier was produced by:
Horatio Willie (Liberia)
Ali Falaki (Nigeria)
Joshua Jere (Zambia
Brian Mwale (Zambia)
Hadijah Nabbale (Uganda)
Barbara Namisango (Uganda)
Stephen Mdoma (Zambia)
