News

US$2 million goat scheme for pensioners in Zimbabwe

Goat Meat
Meat
Zimbabwe
Published Mar 20, 2023

Tridge summary

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.

Original content

Source: US$2 million goat scheme for pensioners | Sunday Mail (Local News) Sunday Mail Reporter 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 by LMVI (a local company). The purpose of the SPV is for commercial goat production targeting local and foreign markets,” he said. The venture is angling for markets in Dubai, Saudi Arabia, Bahrain and Iran. Activities would not be limited to rearing goats only, Dr Shava added but will include the production of goat cheese, goat milk and related products. “The ...
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