Zimbabwe has many hardworking young people. They received good education and training that helps them work efficiently. Most lack the financial backing and equipment needed for productivity. They come from families without extra money to help launch their careers despite government support through programs like Pfumvudza/Intwasa.
President Mnangagwa leads efforts to transform talk into action for empowering skilled, hardworking youth. The Presidential Youth Empowerment Revolving Fund started with $2 million in capital. Another $5 million fund for young miners is in the advanced planning stages. Recent support for young farmers included 72 heavy-duty tractors and 10 combine harvesters assigned to youth business clusters. The President confirmed that $10 million from a $50 million irrigation fund will go specifically to young farmers needing water systems.
The President personally paid half the $7.4 million cost of agricultural equipment. Youth farming clusters must pay the remaining $3.7 million over three years. These groups can easily make payments by using tractors and harvesters to boost production levels. The equipment generates income, providing extra money for farmers to support themselves and build farm investments. Each cluster needs sound administration to handle repayment and maintenance requirements. Member farmers might pay fees per hour or hectare of equipment use.
Dr. Anxious Masuka, Minister of Lands, Agriculture, Fisheries, Water, and Rural Development, emphasized the repayment requirements. Belarus supplies the equipment through trade finance with a 3-year payback period at 7.5 percent interest. Farmers buying any of the 800 units arriving this year must meet payment deadlines. These programs match proper equipment with necessary buyer financing to speed up farm mechanization across Zimbabwe. Every farmer accepting these conditions must use equipment profitably to make timely payments.
The youth revolving fund operates under similar terms. Initial money serves as the first installment as the program grows. Future allocations should increase fund size rather than replace unpaid loans. When people see money revolving—lent, repaid, then lent again—taxpayers feel confident about proper fund administration. This creates public support for future additions to the fund. A growing fund helps more people every year.
The Second Republic takes a businesslike approach to government support for farmers, women, and youth. Recipients must prove themselves genuine, capable, and willing to work hard. Officials check business and farming plans to ensure proper management will generate enough money for loan repayment or equipment payments. Those graduating from these programs build documented success records that satisfy commercial lenders. Government schemes help youth start businesses and establish reputations as low-risk borrowers who repay loans and make payments on time.
A solid business reputation lasts a lifetime after someone moves beyond startup programs. President Mnangagwa demonstrates confidence in youth by investing personal money to expand government programs. He sets an example for successful business people and creates a legacy that will last for many years.
President Mnangagwa leads efforts to transform talk into action for empowering skilled, hardworking youth. The Presidential Youth Empowerment Revolving Fund started with $2 million in capital. Another $5 million fund for young miners is in the advanced planning stages. Recent support for young farmers included 72 heavy-duty tractors and 10 combine harvesters assigned to youth business clusters. The President confirmed that $10 million from a $50 million irrigation fund will go specifically to young farmers needing water systems.
The President personally paid half the $7.4 million cost of agricultural equipment. Youth farming clusters must pay the remaining $3.7 million over three years. These groups can easily make payments by using tractors and harvesters to boost production levels. The equipment generates income, providing extra money for farmers to support themselves and build farm investments. Each cluster needs sound administration to handle repayment and maintenance requirements. Member farmers might pay fees per hour or hectare of equipment use.
Dr. Anxious Masuka, Minister of Lands, Agriculture, Fisheries, Water, and Rural Development, emphasized the repayment requirements. Belarus supplies the equipment through trade finance with a 3-year payback period at 7.5 percent interest. Farmers buying any of the 800 units arriving this year must meet payment deadlines. These programs match proper equipment with necessary buyer financing to speed up farm mechanization across Zimbabwe. Every farmer accepting these conditions must use equipment profitably to make timely payments.
The youth revolving fund operates under similar terms. Initial money serves as the first installment as the program grows. Future allocations should increase fund size rather than replace unpaid loans. When people see money revolving—lent, repaid, then lent again—taxpayers feel confident about proper fund administration. This creates public support for future additions to the fund. A growing fund helps more people every year.
The Second Republic takes a businesslike approach to government support for farmers, women, and youth. Recipients must prove themselves genuine, capable, and willing to work hard. Officials check business and farming plans to ensure proper management will generate enough money for loan repayment or equipment payments. Those graduating from these programs build documented success records that satisfy commercial lenders. Government schemes help youth start businesses and establish reputations as low-risk borrowers who repay loans and make payments on time.
A solid business reputation lasts a lifetime after someone moves beyond startup programs. President Mnangagwa demonstrates confidence in youth by investing personal money to expand government programs. He sets an example for successful business people and creates a legacy that will last for many years.
