Businesswomen

Hard times for businesswomen

Three weeks after the lockdown was lifted, business owners across the country continue to feel the effects of the covid-19 pandemic.

Women in SME who own stalls at the business center under the Pacifica Women’s Network, have called on the government to help subsidize their rental fees under the K5.6 billion stimulus package.

The Micro, Small & Medium Enterprises sector was promised K250 million.

Since the lockdown was lifted, the business center has not received as many customers as it used to. This has forced many to close down their business.

Business groups agree plan to support Commonwealth businesswomen

At the Commonwealth Secretariat’s headquarters in London, the Commonwealth Businesswomen Network (CBW) and Global Banking Alliance for Women (GBA) formed a strategic partnership to support the growth of women’s entrepreneurship in the Commonwealth’s 53 countries.

The two organisations outlined policies they say will improve women’s participation in the economy. These include promoting the business case among governments and the private sector for financial institutions to support women, and pushing for open access to best practice and peer learning opportunities.