Kuyuma, EAZ Sign MOU for Economic Collaboration
.... Partnership to focus on economic advisory, public engagement, and capacity-building initiatives.
Lusaka, Zambia24 – (23-10-2024) - Kuyuma Development Limited and the Economics Association of Zambia (EAZ) signed a Memorandum of Understanding (MOU) today, marking the beginning of a strategic partnership aimed at strengthening collaboration in economic advisory, public engagement, and capacity-building programs.
This partnership is set to bridge the gap between policy formulation and execution, a challenge that has long hindered effective implementation of economic strategies in Zambia.
During the signing ceremony, held in Lusaka, Beatrice Nkanza, Chairperson of Kuyuma Development Limited, underscored the importance of cooperative efforts in tackling the complexities of policy execution.
“There is often a gap between policy and execution, which creates challenges in ensuring continuity,” Nkanza stated.
“This partnership is vital for providing solutions and support to all stakeholders involved in our economy.”
The MOU commits both organizations to work together on several key initiatives. These include conducting financial literacy training to help individuals better understand economic issues and empowering communities through capacity-building programs.
Additionally, the collaboration will involve joint media engagements such as economic roadshows, conferences, and public forums, aimed at deepening public awareness and dialogue on economic matters.
Nkanza highlighted the unique role of the EAZ in interpreting economic policies for the public.
“We believe that this partnership with the Economics Association will amplify our efforts to empower individuals and communities. Their mandate is crucial in explaining complex economic issues in ways that are accessible to everyone.”
Speaking at the event, EAZ President Dr. Oswald Mungule praised the partnership as a step toward fostering sustainable economic development in Zambia.
He reiterated the importance of ensuring the public has access to reliable, unbiased economic information.
“This collaboration will enhance our ability to provide accurate and useful economic insights to the Zambian people,” Mungule said.
“With the media’s role in disseminating this information, we can ensure that more people understand how government policies impact their daily lives.”
The EAZ, Mungule explained, will soon launch its own magazine alongside the Zambia Journal of Economics and Finance.
Kuyuma Development Limited will contribute expert articles to these publications, which are expected to offer in-depth analysis of economic trends and policies affecting Zambia.
Another critical element of the MOU is the shared goal of organizing public events.
Both organizations will jointly host conferences and summits, bringing together industry experts, policymakers, and the general public to discuss pressing economic issues.
These forums will be designed to engage ordinary Zambians, fostering a better understanding of how local and global economic developments affect their livelihoods.
Mungule also extended an invitation to non-economists interested in learning more about economics.
“We invite those who want to gain a deeper understanding of economic issues to join us. Our association provides valuable resources for both professionals and the public,” he said.
The formalization of this partnership, Mungule noted, marks a pivotal moment for the EAZ, strengthening its ability to provide economic advisory services to the nation and expanding its reach in public engagement. “We cannot do this alone,” Mungule stated.
“It is imperative that we come together to tackle these issues collectively.”
As the organizations embark on this collaborative journey, the MOU represents a shared commitment to promoting economic empowerment and resilience across Zambia.
The partnership is expected to play a significant role in addressing the economic challenges facing the country and helping to shape its future.
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