Zambia’s Elite Record label “XYZ Entertainments” has scored a K322,527.00 loan from the Presidential Empowerment Fund according to document released by National Arts Council. The money which is meant to sustain art related business entities amid the COVID-19 pandemic has been disbursed countrywide.
Other Art Businesses which have benefited from this initiative include Goodlife Investment, Amayenge Cultural Essemble among others. The money which is K30 Million in total will benefit the stated business across the 10 provinces and will be disbursed by 30th October, 2020.