CBZ trains 3 000  entrepreneurs

CBZ Holdings (CBZ) says it has trained over 
3 000 young entrepreneurs in the last three years, as the financial institution moves towards promoting financial inclusion and new startups.

Blessing Mudavanhu, the group’s chief executive, on Friday said the country’s largest financial institution was providing a platform for previously unbanked young people to participate in the banking system.

“The platform being created will allow youngsters to create jobs for themselves and others,” he said, adding that CBZ — through the Youth Entrepreneurship Programme (Yep) — was bringing disruptive innovation into the economy.  
“It’s all about the future. If we invest in the youths then we are investing for the future,” Mudavanhu added.
Yep is a practical and results-based initiative involving youths from all the 10 provinces, which is nurturing a new generation of growth-oriented business persons.
The programme seeks to improve Zimbabwe youths including those who are in the rural areas through offering business opportunities which will in turn create employment opportunities.
This is in line with the Reserve Bank of Zimbabwe’s 2016-2020 National Financial Inclusion Strategy, which seeks to foster economic and social development by increasing fiscal space for previously marginalised key players such as smallholder farmers, women, youth, micro-small to medium-scale enterprises in the formal banking system.
To date 2 900 entrepreneurs have gone through the programme, with 52 percent of them being women. More than 400 businesses have been registered and are functioning as a result of the programme according to CBZ.
As part of the programme, the selected businesses compete with each other over the set period until winners are crowned at the end of the programme. The winners are given seed money to invest into their businesses. 

    Comments (3)

    Libanika malini eyokuqala ngayo ?, us$3000 , us$5000 , us$5000 isikwelede kumbe I grant ?.

    Good Path - 11 March 2019

    Imali iyafunakala , kainengi kakhuiu....for ama 24yr olds and under , < us$6k yimali ezwayo. Akufani iathi esikhuluma I mkalakatha. Saqala nzima singela lutho , umuntu owayethola ngofuna ukuba le saloon kumbe I tuck-shop...ebe se nikwa I us$4K , ezithengeie I TV etc , I saloon uya yenzela endlini. Nxa ulikhiwa yeboke uyayithola enkhulu even ungela plan. Kabafuni umuntu omnyama o sharp la pezulu , kwathatha isikathi eside ukuthi ngifunda umteto. Hikho ubona kungela bantu obamnyama abanengi abalemali.

    Umteto umbuso - 11 March 2019

    Ukusebenza umsebenzi we 9-5 e.g u tishara e Nteletsha pri sch kumbe I branksome hall nxa u le , usenza okunye usushaisile , ibhisinesi , kungcono. Ngisho okuhle eg ukuthengisa ama qanda awedada ku intanethi nxa ulomuntu okushayela I delivery emini , kumbe ukufundisa abafundi abakhashana usebenzisa yona I intanethi...eg be sikhiwa e gaungzhou e tshayina. It make sense nxa imali ingekho yokupila.

    Ezokuthengisa - 11 March 2019

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