Old Mutual releases US$2,2 million for Eastgate SME Centre

Old Mutual has released $2,2 million dollars for the construction of its Small to Medium Enterprises (SMEs) Centre, which is scheduled to be completed by April 2018.  The SMEs Centre will be located opposite the upmarket and Old Mutual owned Eastgate Shopping Mall in Harare‘s CBD.  Minister for Small to Medium Enterprises  Sthembiso Nyoni said thanked Old Mutual for recognising SMEs.

Old Mutual’s Chief Executive Officer (CEO) Jonas Mushosho added:

The Eastgate SME Centre will be the first in Sub Saharan Africa. We foresee our regional neighbours frequenting this place to explore and understand this phenomenon.  The SME Centre will have at least 500 trading bays available for trading, as well as offices, light manufacturing units and single bedroom flats.

More: Newsday