Speaking during the Joint Command and Staff Course Number 30 in Harare last Thursday, Finance Minister Patrick Chinamasa revealed that Government has set aside $10 million for a Youth or Empower Bank.
Said Chinamasa:
We have set aside money for the Youth Bank which they call Empower Bank, another $10 million. In the private sector there are about 150 or so macro-finance institutions-some more successful than others and this is basically to encourage access by SMEs to capital which they badly need.
More: Herald
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