VP Mohadi commends SMEs’ resilince

By ZBC Reporter
THE Small to medium enterprises sector has been commended for its resilience during the Covid-19 pandemic era.
Accompanied by the Minister of Information, Publicity and Broadcasting Services Senator Monica Mutsvangwa and the Deputy Minister of Women Affairs, Community, Small and Medium Enterprises Development, Honourable Jennifer Mhlanga, Vice President Kembo Mohadi embarked on a familiarisation tour of Jumbo Trading Centre and Copacabana Market where he had an opportunity to interact with the business owners.
“The unique tour has really been an eye opener as I have witnessed the resilience and fortitude of our people even in these challenging times of Covid-19. Whilst we are fully aware that things are difficult it is encouraging to observe the stabilisation of the economy under TSP. I am advised that the sites we toured today are providing employment to over 2000 people, the majority of whom are women. This indeed is heart-warming as our women are fending for themselves,” he said.
The Deputy Minister of Women Affairs, Community, Small and Medium Enterprises Development Honourable Jennifer Mhlanga noted that the SMEs sector is critical to economic growth.
Traders who spoke to ZBC News called on government to avail more funds to the sector.
“We have the potential to turn this economy we only need more funding and will be fine we can be big businesses,” they said.
Jumbo Trading Centre houses one thousand two hundred small businesses who are mainly into manufacturing while Copacabana market houses four hundred others who sell clothing.
Government recently availed a 500 million Zimbabwe dollar stimulus package for SMEs.

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