Steward Bank in $100m healthcare fund

HARARE - Steward Bank has launched a multi-million dollar healthcare fund to facilitate the recapitalisation and mordenisation of commercial healthcare facilities in Zimbabwe.

In a statement, the banking subsidiary of telecoms giant Econet Wireless, unveiled the $100 million fund, which is expected to stimulate the resuscitation of the country’s healthcare facilities.

The healthcare facility comes at a time when the country is still smarting from years of deteriorating standards, owing to the poor economic environment.

“The healthcare fund is expected to bridge the gap in the quality of healthcare services provided to every Zimbabwean in pursuit of sustainable and equal health for all.

“The fund is targeted at the provision of funding to hospitals, clinics, medical laboratories, all specialist practitioners: gynaecologists, physicians, surgeons, opticians, paediatricians, dentists, physiotherapists, rural healthcare development, pharmaceuticals, diagnostic centres and occupational therapists, among others,” part of the statement reads.

The statement, further states that other products and services available under this fund include asset financing for equipment, commercial mortgages, working capital and funding distribution of medicines through rural pharmacies.

“The Steward Bank Healthcare Fund will provide medical practitioners with access to funding for the much needed rehabilitation of medical facilities and access to new equipment which in turn will result in providing better healthcare for every Zimbabwean,” the bank said.

Comments (4)

Waste of time it will fall into the greedy hands and they refurbish their houses and new cars

Slim Cat - 20 August 2018

Please don't miss use our hard earned cash. Yet you give us peanuts @ the banks after waiting for 11 hrs. in the queue

Chitofu - 20 August 2018

Is that for Chitungwisa and harare only ?. Whats in it for you , Steward Bank ?

M.Gwarara , Rwendo Ostrich farm , Karoi - 21 August 2018

Ko kungovapa $300Mn....hayizi mari yakawanda. Asi vanhu vanofanira kubva mumapurazi mamwe. 1) Muchada kuvaka mamwe ma hospitals/clinics..2)Vana varikufamba 20KM kuyenda kuchikoro kana kuti vaakudzidzira pasi pemuti kuminda minyowani. Kugara pamwechete kwakanaka munoita zvinhu nyore. Dai zvekurima zvichifamba munhu wese akadzokera pabasa. Mamwe masango ayiva asingafanire kugarwa....kana murungu ayizviziva izvozvo hakusi kuti vairamba neminda.

Munumutapa 4 , Organic Quinoa Farm , Daruwini - 22 August 2018

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