The Citizens Economic Empowerment Commission-CEEC says it intends to recover 80% of the empowerment funds that were obtained by various individuals including artists, by the end of this year.
CEEC Public Relations Manager Michelo Mukata said the Commission has put in place plans to recover the empowerment funds from artists as well as other individuals who accessed funds under the Aquaculture Seed Fund, Skills Development and other schemes.
Speaking in an interview with the Zambian Business Times-ZBT, Mukata said the business loans that people get are meant to be paid back in order to make the empowerment sustainable so that other people can benefit adding that this will ensure the commission meets its mandate.
Mukata said the commission is currently recruiting more human resource in order to ensure continued monitoring and evaluation of the financed projects among other implementations so that all the money that is owed to the commission is recovered.
He has urged the general citizenry to make sure they practice what he called the highest level of responsibility and ensure they pay back the funds that they become accountable for when obtained.
