Lusaka, 26th May 2020 – The Zambia Development Agency (ZDA) has noted with displeasure an advert going around social media purporting that the Agency is disbursing funds in form of a grant in partnership with the Ministry of Commerce, Trade and Industry, USAID and an organisation called ‘BACC’.
The Agency would like to alert the general public that it is currently not disbursing any business grants to Micro, Small and Medium Enterprises (MSMEs) and is not in any partnership with an organisation called ‘BACC’ in offering business grants to entrepreneurs.
The Agency would like to warn the members of public to be wary of such offers from unscrupulous people by seeking confirmation with the Zambia Development Agency or other legitimate Government institutions before they can apply or make any payments.
The Agency condemns in the strongest terms such heartless acts of intent to swindle unsuspecting entrepreneurs and the general public money and therefore urges the general public to take heed of this warning as the Agency will not be held responsible for any loss of money
