March 31, 2019
Most businesses, which had their property destroyed and goods looted during the ill-fated demonstrations that were organised by the opposition MDC-Alliance and some civic organisations in January have started accessing funding through Government’s Emergency Relief Loan Fund. Confederation of Zimbabwe Retailers president Mr Denford Mutashu said a number of retailers who applied for funding under the $30 million emergency relief facility had started receiving their allocations. Those wishing to replace equipment would be paying an interest rate of three percent (3%) per annum and have 12 to 24 months to repay, while those who lost their buildings will access funding at a concessionary rate of two percent (2%) per annum and have 10 to 15 years repayment period.