Experience

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  Self-employed

  • Lusaka, Zambia

  • Market Systems Development |Rural Finance| Private Sector Development Expert

    • May 2022 - Present
    • Lusaka, Zambia

    I work on the supply and demand side of capital to help create financing deals for SMEs in Zambia. Some of the activities I am involved in include the following:• Working with financial sector providers (FSPs) to provide financing solutions suitable for SMEs taking into account sector peculiarities. • Working with SMEs to help improve their bankability.• Help SMEs prepare documents required by funders and coach the SMEs to present them before funders.• Identify and introduce SMEs to suitable markets for their produce• Propose to my clients innovative financing mechanisms that require less of traditional physical collateral

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  ACDI/VOCA

  • Lusaka, Zambia

  • Director - Access to Finance

    • Sep 2020 - May 2022
    • Lusaka, Zambia

    The position entailed forming strategic partnerships with key stakeholders including donors, micro-finance institutions, banks, investors, and private sector and value chain actors, to improve access to finance for small-and-medium sized enterprises (SMEs) in Zambia.Duties and responsibilities included:• Overall responsibility for designing and implementing activities in the financial sector that will increase the competitiveness of selected value chains (value chains included: Horticulture, Poultry, Aquaculture, Honey, Animal feed, & Groundnuts) • Lead the design and implementation of annual work plans and strategies related to increasing access and use of finance and investment among Zambian stakeholders and ensure that interventions respond to identified market opportunities and create sustainable development outcomes.• Ensure collaboration and synergy with other components of the USAID EDGE Activity, and ensure activities are designed and implemented to be inclusive of marginalized groups.• In collaboration with GRZ entities, organize roundtables on extending access to finance to agricultural SMEs.• Work with international and domestic consultants in assessing constraints and opportunities to increase access to finance for agricultural SMEs and microenterprises.• Develop specific, implementable strategies and activities through different mechanisms, including development of financial instruments, reducing perceived risks to banks through partnerships with technical assistance firms, "anchor" firms, etc.• Analyse and provide recommendations on different modalities to increase value chain financing.• Identify and oversee training initiatives to commercial banks, MFIs and other sector stakeholders.• Work with donors and banks which have ongoing Development Finance Corporation (DFC) credit lines to ensure they are utilized effectively and can be accessed by the Activity’s target firms.

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  Government of the Republic of Zambia

  • Member, Rural Finance Expansion Programme (RUFEP) Innovation and Outreach Facility Vetting Committee

    • May 2016 - Sep 2020

    1. To enable Participating Financial Service Providers under the RUFEP to develop capacity to design and deliver demand-driven rural and agricultural financial products and services.Duties and responsibilities under the Vetting Committee include among others:• Undertaking a comprehensive assessment of each grant application• Checking compliance of proposals with all terms and conditions• Ensuring that all procedures are complied with and the selection criteria has been followed• Approval or rejection of applications

  • Consultant

    • Jan 2015 - Jul 2016

    1) To conduct organizational capacity assessment and develop Business Plans for the Management of the selected sub-projects under the Matching Grant Facility. 2) To review submitted business concepts by selected applicants and develop them into fully fledged Business Plans that would be financed under the Matching Grant SchemeDuties and responsibilities include among others:• Evaluate the environment within which the selected sub-project functions• Evaluate the current situation of the operations of the selected sub-project including an analysis of the legal and regulatory framework it is operating under as well as the institutional framework• Assess the supply-demand situation for the commodity value chain (beef, poultry, pork, mutton etc.) or services proposed in the sub-project concepts focusing on the market opportunities, the target markets, the marketing strategy, types of products or services, immediate use and potential• Determine the requirements for the successful initiation and management of the intervention and its full implementation, i.e., finance organization, skills, public sector inputs, (council levies, fees, fines and permits), infrastructural needs that will be required• Conduct and provide a financial viability and sustainability analysis together with sensitivity analysis for at least two operating models• Determine possible risk factors to the management of the sub-project (including the socio-cultural factors and safe guard issues) problems, and assumptions and the means to mitigate them• Conduct and provide a market research and analysis including products and services immediate and potential including price considerations where possible• Critical risks, problems, and assumptions and the mans to mitigate them using a full swot or partial swot analysis

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  United Nations Office for Disaster Risk Reduction

  • Nairob

  • DRR Economics & Mainstreaming Consultant

    • Sep 2019 - Jan 2020
    • Nairob

    The task was to support DRR mainstreaming and integration of DRR policies and climate change adaptation (CCA) into development planning and in the budgeting processes in Zambia. The aim was to support the Ministries of Finance/Planning in tracking and promoting investment contributing to the reduction of disaster risk. • Gather strategic reports, strategies and official documents and synthetize them into a reportthat describes priorities for development and the link with DRR;• Provide a mapping of principal stakeholders engaged in DRR budgeting at the nationallevel;• Provide inputs and insights on the local contexts to improve the methodology to estimate thedirect and indirect economic benefits of investing in DRR;• Deliver a gap analysis of the data needs, documenting also data governance structure, datasources, discussion of data reliability and quality;• Document budgeting processes within the Ministry of Finance/Planning to feed into theguidelines for DRR mainstreaming;• Draft an action plan to support dissemination of findings and policy guidance from projectpartners;• Produce session concept notes for meetings and events, session agendas, participants list;Produce a policy brief, which includes the updates of the RSBR;• Draft guidelines for DRR mainstreaming to support the DRR focal points for disseminationof disaster risks in budget and sector plans;• Finalize the guidelines for the DRR focal point on budgeting and financing for DRR, withthe aims of informing the focal point on the funding necessary to implement strategies andreach goals set forth in policy documents, how to influence and budget for DRR, with a focuson mobilizing domestic financial resources;• Prepare a PPTs to presentation of findings (to include visualisation of data) produced incollaboration with project partners;

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  IFC-BoZ Project on Credit Reporting

  • Lusaka

  • Member, Zambia Stakeholders Working Group on Credit Reporting

    • Nov 2016 - Dec 2019
    • Lusaka

    To strengthen and further improve Zambia’s credit reporting system so that the system can provide lenders with improved products and services for credit risk management and lending practices and thereby facilitate increased access to finance for Micro, Small and Medium Enterprises (MSMEs) and consumers over the long term, while also promoting responsible lending and borrowing practices.

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  Zambia Credit Reporting Association

  • Lusaka

  • Project Coordinator

    • Aug 2014 - Dec 2019
    • Lusaka

    1) To establish and manage the Zambia Credit Reporting Association (ZAMCRA). Duties and responsibilities include among others:• Drafting ZAMCRA’s constitution and registering the organization• Developing ZAMCRA’s objectives, strategies and action plans in consultation with the Board• Developing and managing ZAMCRA’s portfolio of products and services• Developing and implementing policies and procedures, establishing data transmission mechanisms and setting up other administrative and operational structures to ensure sustainable credit information sharing • Raising additional funding to sustain the operations of the organization as required• Marketing ZAMCRA, securing membership amongst credit providers and selling the Alliance’s products and services• Creating awareness and sensitization among credit providers, credit consumers and the general public on the merits of credit information sharing• Representing ZAMCRA at various credit information fora to further enhance the Alliance’s profile and build the business• Representing the interests of credit providers in policy and regulatory reform

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  Financial Sector Deepening Zambia (FSDZ)

  • Lusaka

  • Lead Consultant - Action Plan to enhance the effectiveness of Credit Reporting in Zambia

    • Nov 2016 - May 2017
    • Lusaka

    Draft an Action Plan to enhance the effectiveness and efficiency and Credit Reporting in Zambia.Duties and responsibilities under the Project included among others:• Drafting of the Terms of Reference (TOR) for the Market Research;• Conceptualization and design of the Market research.• In consultation with stakeholders, coordinate the appointment of the Working Group Committee• Based on the results of the research, draft an Action Plan and present the plan to key stakeholders for adoption • Organisation, storage and submission of raw data from the research to FSDZ;• Writing minutes of meetings with key stakeholders. • Organisation of two (2) workshops for key stakeholders • Market research presentation to stakeholdersSome of the recommendations in this paper included proposals to revise the operations of credit referencing services in Zambia to assist SMEs, agriculture based companies to be listed and offered credit at optimal rates. e.g. encouraging efforts such as broadening credit and identity data sharing, recognition of warehouse receipts, moveable assets, recognition of behaviour of SMEs and farmers in paying for shop bills and other services as collateral.

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  Easy Cash Financial Services

  • Lusaka

  • Managing Director

    • Nov 2016 - Mar 2017
    • Lusaka

    In charge of the overall management of Easy Cash Financial Services, including providing clear leadership and direction to the institution, ensuring solid operating and financial performance, recruiting and developing the talent needed to accomplish high performance standards and overseeing new operational systems and procedures. Responsible for designing, implementation and evaluation of innovative financial instruments Easy Cash was rolling into the market to target rural communities including smallholder farmers and agri-food businesses. My key duties and responsibilities under this job included among others:• Serve as ex officio non-voting member of Board of Directors• Execute the policy decisions of the Board• Manage the day-to-day operations of the institution by providing clear leadership and guidance to all functions of the institution, including Finance, Operations, Administration, Special Projects, HR, IT.• Cultivate culture of cooperation and high performance• Drive organizational performance, both quantitative and qualitative; achieve business plan targetsAccomplishments:• Managed to re-orient the business from solely depending on payroll based lending to include smallholder famers and Agri-food businesses• An increased share of Agribusinesses and small holder farmers in our lending portfolio • Development of innovative financing mechanisms targeting small holder farmers and the agri-food businesses

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  FinMark Trust, South Africa

  • Lusaka

  • Consultant

    • Aug 2014 - Mar 2015
    • Lusaka

    1) To establish and manage the Zambia Credit Reporting Association (ZAMCRA). Duties and responsibilities include among others:• Drafting ZAMCRA’s constitution and registering the organization• Developing ZAMCRA’s objectives, strategies and action plans in consultation with the Board• Developing and managing ZAMCRA’s portfolio of products and services• Developing and implementing policies and procedures, establishing data transmission mechanisms and setting up other administrative and operational structures to ensure sustainable credit information sharing • Raising additional funding to sustain the operations of the organization as required• Marketing ZAMCRA, securing membership amongst credit providers and selling the Alliance’s products and services• Creating awareness and sensitization among credit providers, credit consumers and the general public on the merits of credit information sharing• Representing ZAMCRA at various credit information fora to further enhance the Alliance’s profile and build the business• Representing the interests of credit providers in policy and regulatory reform

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  Bank of Zambia

  • Zambia
  • Banking
  • 700 & Above Employee

  • Senior Economist - Financial Stability Unit (FSU)

    • Feb 2013 - Jul 2014

    To plan and scope macro-prudential assessments of the financial system and recommend policy actions to ensure financial system stability through analysis and assessment of macroeconomic trends and development policy issues regarding Zambia. Responsibilities:• Analysing and compiling reports on the financial sector health in Zambia• Analysing the financial depository survey to assess risks to the financial system.• Project Team Leader of the Financial Stability Unit project in the Bank tasked with responsibility of setting up structures and operational detail • Co-ordinated the drafting of the first two Financial Stability Reports. • Provided input to the Bank Restructuring Committee of how future FSU Department should look like and drafted job descriptions • Prepared monthly FSU brief – a report on financial system stability in Zambia

  • Senior Researcher, Modelling and Forecasting

    • Apr 2012 - Feb 2013

    1) To develop and maintain macroeconomic models for use in monetary policy formulation, policy analysis and forecasting of major macroeconomic and financial variables as well as to co-ordinate the training of researchers and the publication of research work.Acomplishments Contributed to the development of an operational framework for the migration from the use of quantities to prices in the conduct of monetary policy in Zambia  Participated in editing the Bank of Zambia Reader for the year 2011 Monitored economic and social developments in Africa and identified recurrent and emerging issues of concern to the Bank of Zambia Prepared global, regional, national or sector analysis that provided a basis for advising the Government through senior Management Oversaw and managed the work of short-term consultants on the Research agenda in the Bank and provided feedback on the work of colleagues Participated in the design and continuous update of macroeconomic frameworks, which are used in the Bank’s forecasting of major macroeconomic variables Particpated in the generation of macroeconomic models for forecasting and producing projections of macroeconomic data Using the macro models & frameworks,generated policy option scenariosUsing the macro frameworks and models, generated economic reports for policy monitoring

  • Manager, Staff Relations

    • Oct 2007 - Apr 2012

    1) To effectively manage staff relations functions and activities in the Bank and ensure good industrial relations climate conducive to high productivity.Acomplishments Attending to all matters pertaining to staff welfare and acted as middle man between the Management of the Bank of Zambia and Unionized employees in interpreting and administering the Collective Agreement, and thereby ensured harmony in industrial relations in the Bank of Zambia. Drafted the current Bank of Zambia managment conditions of service handbook in the year 2009. Worked as a point of reference by interpreting the Disciplinary Code and Grievance Procedures to ensure that discipline is managed in line with the Code and related laws. Cordinated the drafting of the current Disciplinary Code and Grievance Procedures that is in use in the Bank of Zambia in 2010 Drafted the current staff medical policy currenty in 2011

  • Executive Assistant to Governor

    • Sep 2005 - Oct 2007

    1) Assist the Governor in all issues that require action from the Office of the.GovernorAcomplishments• Liaison officer with all internal departments of the Bank, staff, Government, investors, financial institutions, community and outside Zambia agencies with which the Bank has mutual interest. This involved meeting diverse stakeholder expectations• Quickly learnt to anticipate customer needs and provided tailored customer service solutions• Made comments on and prepared discussion and talking notes for the Governor, which he presentated at various forums where he was asked to speak.• Contributed to the successful development and implementation of the strategic plan of the Bank of Zambia.• Participated in policy dialogue with the Government of the Republic of Zambia (GRZ) in the area of fiscal policy, macroeconomic management, and public sector reform • Coordinated discussion on monetary policy and fiscal policy priorities• Participated in high level IMF and World Bank meetings on Zambia

  • Manager Vaults

    • Mar 2004 - Sep 2005

    1) Monitoring, controlling and co-ordinating operations of the Vaults in Bank of Zambia to ensure that currency (both Zambian & foreign currency) and valuables are fully accounted for and customers are serviced in a timely and efficient manner.Acomplishments• Brought on the job attention-to-detail and improved people relations skills, which are essential for handling both internal and external customers. • Introduced virtual currency management concept which improved our Currency orders and replenishment and also helped the Bank of Zambia track the life span of each individual banknote series in circulation.• Improved the security management of the vaults and thereby reduced customer complaints relating to cash differences;• Introduced a restricted circulation Vaults Management report which highlighted various issues in the life circle of currency banknotes in Zambia, and addressed challenges faced in improving service delivery, stocking, forecasting of currency needs in a growing economy etc. Management awarded me for these innovations

  • Economist

    • Jul 1993 - Mar 2004

    • Compiling and analysing monetary statistics• Compiling the Financial Depository Survey• Preparing the daily status reports of all government and commercial bank accounts held at the Central Bank. • Planned and supervised activities involving the preparation, analysis, and implementation and monitoring of the following: o Foreign exchange budget of the Republic of Zambia; and to facilitate planning of the country's foreign exchange inflow and the allocation of the resources. o Debt service Schedules of the Republic of Zambia • Prepared the following: o Daily, weekly and monthly domestic and external debt positions report for the country and also maintain a database on the same. o Co-coordinated the preparation of the monetary policy report and the Fortnightly Statistics bulletin. • Made presentations at seminars, workshops, and to the International Monetary Fund country missions • Developed research reports on policy issues in the Zambian macroeconomic environment• Drafted the Monetary Policy Statement of the Bank of Zambia • Prepared and presented economic reports to the Monetary Policy Committee

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  Zambia National Commercial Bank

  • Lusaka

  • Manager - Branch banking

    • Feb 1993 - Jul 1993
    • Lusaka

    Branch bankingExtending loans and advances to SMEs