US$2 million goat scheme for pensioners in Zimbabwe

Published 2023년 3월 19일

Tridge summary

The National Social Security Authority (NSSA) of Zimbabwe has invested US$2 million in a goat rearing project aimed at empowering pensioners. The project, located in Kwekwe, will raise over 10,000 goats and establish an abattoir. It is expected to become one of the country's leading export businesses, with markets in Dubai, Saudi Arabia, Bahrain, and Iran. The project will also produce goat cheese and milk. It is expected to generate foreign currency and create employment opportunities.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Source: US$2 million goat scheme for pensioners | Sunday Mail (Local News) Sunday Mail Reporter THE National Social Security Authority (NSSA) has invested US$2 million in a goat project to further empower pensioners. Under the scheme — expected to be one of the country’s leading export ventures — more than 10 000 goats will be reared at the project’s main centre in Kwekwe, where an abattoir will be established. At least 2 000 goats have already been bought. The pensioners will participate in the project as out-growers. NSSA acting general manager Dr Charles Shava said the scheme is a joint venture that will also be run as a special purpose vehicle (SPV), dubbed the Woodlands Goat Project. So far, some pensioners in Bindura and Gwanda have been identified for the project, which is now under the pilot phase. “NSSA committed to investing US$2 million in the Woodlands Goat Project as capital, with US$1,05 million already disbursed. The SPV is 80 per cent owned by NSSA and 20 per cent ...

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