Government accelerates SME infrastructure

SMEs account for up to 60 percent of Zimbabwe’s gross domestic product and employ nearly 80 percent of the working population, according to the Zimbabwe National Statistics Agency.

ZIMBABWE is accelerating small and medium enterprises (SMEs) infrastructure development and funding, with nine projects nearing completion as part of ongoing efforts to integrate the sector into the mainstream economy. Speaking after a cabinet meeting Tuesday, acting Information minister Mangaliso Ndhlovu said the initiatives are aimed at boosting productivity, formalisation and job creation in the…

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