US$50k grant availed for youths

By Wellington Makonese

CAPACITATION of youths and informal traders has been identified as a key development component under the National development strategy 1.

This comes after more than 500 people in Mbare received a combined US$50 000 in business grants from the Zimbabwe Youth Presidential Support Organisation Trust.

The COVID-19 pandemic affected many including informal traders, but the government has managed to come up with various ways of cushioning its citizens.

The latest intervention has seen US$50 000 worth of grants being availed by the Zimbabwe Youth Presidential Support Organisation to registered vendors and aspiring business persons in Mbare.

“I specialise in selling potatoes and tomatoes but with limited float, I always struggle, this grant goes a long way in boosting my business.

“As the youths, this will help us to be occupied and move away from nuisance drugs as we will have somewhere to work,” said a beneficiary.

The Zimbabwe Youth Presidential Support organisation believes the programme is in line with the government’s inclusive National Development Strategy one.

“We are here to supports NDS1 which focus on the empowerment of youth, we not going to end with the youth but parents who struggle so that they can do tuck shops and maybe pay fees for their children,” said Tempter Paul Tungwarara the president of the Zimbabwe Youth Presidential Support Organisation.

“We have been seeing our President developing roads, airports dams out economy growing that happens when God chooses a leader and what we can do as a country is to back him with what we have to realize vision 2030,” said Passion Java, the founder of Zimbabwe Youth Presidential Support Organisation.

Government is in the process of formalising the small and medium enterprises sector, which is largely dominated by vendors.