by DANAI MWARUMBA
HARARE, (CAJ News) – ZIMBABWE is to launch a revolving fund aimed at enhancing the growth of the information and communications technology (ICT) in the country.
The industry is earmarked as a cornerstone for economic revival.
Next Wednesday, President Emmerson Mnangagwa is scheduled to launch the fund, which is a welcome development for a sector which despite having vast potential has been thwarted by lack of investments.
Supa Mandiwanzira, the Information Communication Technology, Postal and Courier Services Minister, will during the event scheduled for the capital Harare, give an overview of the sector.
The regulator, Postal and Telecommunications Regulatory Authority of
Zimbabwe (POTRAZ) and others stakeholders in the sector will participate.
“The initiative is expected to equip the youth with necessary skills and
resources that will make it possible for them to create employment not
only for themselves, but for others as well,” read a statement from the
regulator ahead of the event.
Zimbabwe’s youths are most impacted by unemployment and have called for funding for skills training, innovation and establishing innovation hubs
– CAJ News