President’s scarf bought for US$300 000
President Mnangagwa’s popular scarf has been bought by some foreign investors for US$300 000, with the money set to be channelled towards the Youth Empowerment Fund.
Initially, US$2 million had been set aside for the Youth Empowerment Fund, and the money will now total US$2.3 million.
Addressing delegates at the launch of the fund in Harare, Special Investment Advisor to the President, Dr Paul Tungwarara, said foreign investors are inspired by the President’s vision.
“President Mnangagwa, we have investors from Dubai in our midst and they have pledged to purchase your scarf for US$300 000.”
“The investors said the money should be channelled towards the revolving Youth Empowerment Fund,” he said.
Dr Tungwarara also said the youth empowerment initiative is a testament to President Mnangagwa’s resolve to uplift the youths.
“You have directed the money for youth empowerment to the most remote areas, consistent with Your Excellency’s mantra of leaving no place and no one behind,” he said. The Herald