The Citizens Economic Empowerment Commission (CEEC) says it will consider restructuring some loans under the marketeer booster loans facility, due to the ongoing loadshedding.
CEEC Public Relations Manager, Michelo Mukata, says the commission will only consider restructuring loans that are within the repayment period.
Speaking in an interview with RCV News in Lusaka today, Mr. Mukata said that the commission will however not restructure loans that have been defaulted or past the 6 months repayment period.
“The marketeers will need to provide tangible proof that they have indeed been affected by loadshedding,” said Mr. Mukata.
And Mr. Mukata has appealed to marketeers that have defaulted on their booster loans to ensure they repay the money saying that the initiative is meant to be a revolving fund.
Angel Kasabo
