Minister of Youth, Sports, Arts and Recreation Kazembe Kazembe has revealed that President Emmerson Mnangagwa will officially open the Youth Empowerment Bank this week. This comes just a week after the President launched the Women’s Bank. Said Kazembe,
I can confirm that the President will officially open the Youth Empowerment Bank on Thursday, July 5 prior to meeting tertiary students at the Harare International Conference Centre (HICC).
President Mnangagwa is a man of action and we are not sleeping in our respective ministries. Our youths need training and we are setting up vocational training centres in every district throughout the country. We are hitting the ground running.
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The government allocated $12 million for the bank which will only release money to the suppliers of the equipment which the applicants would want to acquire.
More: The Herald