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Govt to launch women’s bank

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Government will soon launch a women’s bank that will provide financial support to small and medium enterprises run by women, a Cabinet minister has said. The Ministry of Women’s Affairs, Gender and Community Development in partnership with the International Trade Centre has started collecting data of women business associations and collective enterprises that exist in Zimbabwe with the exercise scheduled to end on August 20.The exercise is being undertaken as part of the European Union trade and private sector development programme assistance being implemented in Zimbabwe. Minister of Woman Affairs, Gender and Community Development Nyasha Chikwinya said the bank would be opened after the establishment of the database of SMEs operated by women. She added that women owned and managed enterprises and associations make a key contribution to Zimbabwe’s economy. –Herald

 

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