COMESA has challenged the Chingola Leather Cooperative to be innovative and manufacture leather products that can appeal to young people

Davies

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COMESA has challenged the Chingola Leather Cooperative to be innovative and manufacture leather products that can appeal to young people.

COMESA Aid for Trade Coordinator HOPE SITUMBEKO says the region has more than 70-percent of youths who are looking for products that are stylish.

She says most small and medium businesses have challenges capturing the youth market because they lack ingenuity to create appropriate products.

And Ms. SITUMBEKO has urged the leather cluster to enhance governance and financial controls in their operations.

She says the cluster should put in place a system of book-keeping and accounting to give the operations impetus to access further funding from banks and other donors.

Ms. SITUMBEKO says donors and banks have the desire to support business operations that have strong governance and financial controls.

She was speaking in Chingola when a team from COMESA visited Chingola Leather Cluster on a monitoring and evaluation mission.

The cluster is part of beneficiaries that have received support in the Regional Integration Capacity Building Project being spearheaded by Ministry of Commerce through COMESA with funding from the EU.

So far six million Euros has been spent on the first and second phases of the project.

 

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