MATABELELAND North is set to receive $600 000 from the government in youth loans for various projects, Provincial Affairs minister Cain Mathema said yesterday.
Speaking to Southern Eye on the sidelines of a meeting with tourism operators at the Hwange Safari Lodge, Mathema said the money would be distributed among the province’s chiefs.
“I received communication from the Minister of Youth (Francis Nhema) that there is $600 000 ready to be disbursed for youths in Matabeleland North,” Mathema said.
“The ministry will be working together with the chiefs in disbursing the loans. Here in Matabeleland North, we have 40 chiefs which means that each would get $15 000 for the area under them.”
Mathema said the money would then be distributed to 15 youths under each chief.
“What it means is that each youth will get $1 000 to start a project; it could be poultry. I hear 100 chicks cost $90, or cattle or any project that they can do to generate income,” he said..
“The money is a loan that the youths would have to pay back after some time so that other youths can benefit.”