Addressing journalists after chairing a young entrepreneurs meeting at Stodart Hall in Mbare on Wednesday, Youth Development, Indigenisation and Economic Empowerment Minister Patrick Zhuwao reasoned that it was okay for youths not to pay back Government loans because big companies have done it too.
I don’t agree with the reports and allegations that the youths have abused funds. We forget what happened to other large companies which were removed from the Zimbabwe Asset Management Corporation (ZAMCO) due to unpaid debts they had. There are Members of Parliament who have $3 million debts, who now point fingers at youths who only have $2 000, which is a bad thing. Instead, let us focus on strategies to empower the youths and grow the economy.