Copperbelt-based economic and policy analyst, John Ng’andu has indicated that the reason why the Citizens Economic Empowerment Commission (CEEC) struggles to ensure loans achieve their intended purpose is that beneficiaries are not adequately educated on how to use borrowed funds. Speaking in an interview with Zambian Business Times-ZBT, Ng’andu said giving out loans without ensuring beneficiaries understand how to manage and grow the funds could make repayment difficult and reduce the impact of the financing. “If people can get loans but do not have proper knowledge on how they can use those loans, it becomes very difficult, so CEEC should...
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