News
Market
Jobs
About
Contact
List Product
Register
Login
Generate
WhatsApp Message
*Govt Fails To Avail Promised ZWL$18 Billion Stimulus Package* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?bc The government has failed to avail the ZWL$18 billion stimulus package it promised companies in 2020 to help them recover from the adverse effects of the COVID-19 pandemic. In 2020, Finance and Economic Development Minister Mthuli Ncube promised to bail out embattled local companies. ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* *LATEST: itel S24 (128) $124; S24 (256GB) $159* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- However, Zimbabwe National Chamber of Commerce president Mike Kamungeremu told Business Times this week that businesses are still waiting for the rescue package. He said: > The 2020 (ZWL$18bn) support package did not reach the businesses which needed it the most. The rescue package was equal to 9% of Zimbabwe’s gross domestic product or 28.6% of 2020’s National Budget. The package was aimed at assisting businesses to get back other feet following the economic slowdown caused by COVID-19. At the time the ZWL$18 billion package was announced, critics questioned the mechanisms to fund the economic recovery and dismissed it as pie in the sky. _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
Copy to clipboard
Give us Feedback
Full Name
WhatsApp Number
Feedback
Submit
Feedback