adminbetter placed to receive funds for their projects.
This follows recent reports on the low uptake of the Youth Fund launched two years ago by Old Mutual.
Only US$2,7 million has been disbursed out of the US$10 million set aside to help young people in various empowerment projects.
Lack of requisite skills have been cited as it emerged that out of more than US$4 million worth of projects approved, only US$2,7 million has been disbursed from the fund being administered by CABS owing to some bottlenecks related to its disbursement.
Of the total number of youths that have applied, only 30 percent have had their projects approved. Cde Masenyama said, Zanu-PF was aware that the youths had information about the empowerment funds but lacked knowledge on how to go through the application process.
“While youths are aware of the empowerment funds they do not know how to write sustainable project proposals.
“We are concerned about this, so we have initiated training programmes on the application process,” he said.
Online Reporter