business meeting 20.09.10.jpgYouths have embraced government’s indigenisation drive by launching the ‘Millionaire’s Cash Flow Club’ in Harare to give financial literacy among the youths.

The flight to indigenisation has taken off and in it are youths who have taken the initiative of undertaking projects to economically liberate themselves.

A group of young people have launched a Millionaires Cash Flow Club that will have financial literacy programmes meant to educate people to take control of their financials.

“The club will provide a forum for people who want to improve their financial well being, to share ideas with other international cash flow clubs through exchange programmes,” said Tamuka Chiota, a member of the club.

In the same spirit, a local firm, AutoTrade, which is owned by young entrepreneurs, has launched a magazine, the first of its kind in the country that is meant to change the automotive industry.

AutoTrade Managing Director, Mr Kudakwashe Mupamhanga, said the initiative is evidence that youths have taken heed of the indigenisation drive and do not want to be caught napping.

The government embarked on an indigenisation drive in a bid to empower locals and young people.

The policy will see foreign owned companies selling part of their stake to local people to achieve the 51-49% threshold stipulated in the policy.