K500m disbursed to MSMEs in 2024
Published On January 8, 2025 » 802 Views» By Times Reporter » Business, Stories
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. Mutelo

By ANDREW MULENGA –
THE Citizens Economic Empowerment Commission (CEEC) last year disbursed K500 million in loans and grants to Micro-Small and Medium Enterprises (MSMEs) to cushion the drought effects.
Small and Medium Enterprises (SME) Development Permanent Secretary, Subeta Mutelo said this was the first time the CEEC was disbursing loans and grants to a tune of K491 million to beneficiaries.
Ms Mutelo said in an interview that this disbursement had significant benefits to small scale farmers and owners of small enterprise such as saloons, car wash and barber shops which were affected by the drought effects.

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