Minister Mubanga Praises FQM Trident Limited for Empowering SMEs in Northwestern Province

Hon. Elias Mubanga, Minister of Small and Medium Enterprise Development, has lauded FQM Trident Limited for its continuous efforts in supporting small and medium enterprises (SMEs) in Northwestern Province. 

Speaking at the Kalumbila Business Clinics, Hon. Mubanga emphasized the vital role SMEs play in Zambia’s economy and urged other large corporations, particularly in the mining sector, to emulate FQM’s commitment to empowering local businesses.

“SMEs are the backbone of our economy, and it is crucial that major firms, especially those in the mining industry, actively contribute to the growth and sustainability of smaller businesses within their operational areas,” Hon. Mubanga stated during his second officiation at the event.

The Kalumbila Business Clinics, an initiative aimed at building capacity among local entrepreneurs, are seen as a pivotal driver of economic development in the region. 

FQM Trident Limited’s Country Manager, Dr. Goldwin Beene, reaffirmed the company’s dedication to fostering business growth within their catchment area. 

“Our primary goal is to develop and empower SMEs by providing access to essential statutory bodies and facilitating business growth within Kalumbila,” Dr. Beene said.

So far, 145 businesses have benefited from the program, with K6.7 million disbursed in returnable grants. Additionally, FQM has played a significant role in supporting the Kalumbila Chamber of Commerce, helping SMEs participate in joint bidding processes to supply large quantities of goods and services to the mines.

Northwestern Province Permanent Secretary, Jackson Katambi (retired), expressed his gratitude for FQM’s sustained efforts in promoting sustainable livelihoods within and beyond their operational areas, acknowledging the significant impact these initiatives have had on strengthening the local economy.