• The Association has for a long time been advocating for inclusiveness in empowerment programmes for mobile money agents.
• However, the only concern is the approach to the initiative which may not yield the desired results.
• There is need to create a vehicle to sustainably implement the initiative.

Mobile Money Business Association of Zambia has called for collaborative efforts to ensure sustainability and accountability of the investment fund that has been created to provide capital to people running Mobile Money businesses in communities.
Speaking in an interview with Money FM News, Association Secretary General, Chris Sinchende said there is need to create a vehicle to sustainably implement the initiative and get the intended deliverables.
Mr. Sinchende stated that the Association has for a long time been advocating for inclusiveness in empowerment programmes for mobile money agents, hence the creation of an investment fund is worth commending.
Mr. Sinchende however said the only concern is the approach to the initiative which may not yield the desired results.
“Firstly we welcome the move to support the agent community, the initiative will go a long way and our gratitude goes to President Hakainde Hichilema. For long, the Association has been advocating for inclusiveness in empowerment programmes for mobile money agents. Otherwise our only concern is the approach to the initiative which we feel may not yield the desired results.”
“There is need for a vehicle to sustainably implement the initiative and get the intended deliverables. We feel collaborative efforts with a platform like the association will play a critical role in ensuring that there is accountability and business support to sustain the initiative,” Mr. Sinchende stated.
He added that Association’s desire is to see that a number of youths and women benefit from such an initiative for business growth and eventually contributing to the well-being of the people and rebuilding the economy, but that this can only be possible if the initiative is well managed.
Special Assistant to the President for Investment and Finance Jito Kayumba recently disclosed that a community investment fund has been created to provide capital to people running Mobile Money businesses in communities.
Mr. Kayumba added that the Head of State has directed that people in communities have access to financing initiatives that help improve their businesses.