By Staff Reporter
PRESIDENTIAL Investment Adviser, Paul Tungwarara Monday unveiled a US$200 000 Vendors Scheme set to be rolled out across the country’s ten provinces.
The funding, Tungwarara said is targeted at market traders, vendors and other informal business operators who often lack access to conventional financial services.
It is also a gesture to “recognise the resilience of Zimbabwe’s informal economy and support it with tangible, interest-free financial resources”.
“This is not just about money. It is about transforming vendors into entrepreneurs and empowering families through sustainable income streams,” Tungwarara said.
He said the funds would be administered in co-ordination with local authorities and vendor associations to ensure transparency and equitable distribution.
The scheme adds to a series of presidential empowerment programmes that have been unveiled in recent months targeting various interest groups, including war veterans.
