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Economy

Empower banks to set up credit facilities to support business projects undertaken by the youth.

In Progress

Setting aside ZWL$500 for Youth Start-ups

Startupbiz

    

Nov. 27, 2019

The finance minister, Professor Mthuli Ncube recently indicated that the government has set aside funds to be channelled towards startups. This is in a bid to stimulate and enhance activity in the tech innovations and startups space. This is a worthy commitment because the progression of nations in this 21st century is heavily anchored on that. 

Previous Updates

Adequate Financing of Empower Bank

The Independent

    

March 22, 2019

Empower Bank is a financial institution that was created and launched to cater for the youths of Zimbabwe. 70% of the loans at Empower Bank will go to the youths while the other 30% is set aside for lending to any other business.

    

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