Presidential adviser and businessman Paul Tungwarara on Saturday announced a substantial financial package aimed at accelerating grassroots development across Zimbabwe, gifting US$250,000 to Young Women 4ED, a ZANU-PF–aligned organization chaired by the Minister of ICT, Tatenda Mavetera.
The funds, described as seed capital, were unveiled during a weekend gathering in Buhera, where Tungwarara presided over the launch of the Presidential Empowerment Fund.
The donation marks one of the largest single private contributions to the ruling party’s youth and women’s empowerment initiatives this year. According to organizers, the money is expected to support a range of income-generating and community infrastructure projects across all provinces, with the affiliate responsible for coordinating beneficiaries.
In addition to the main grant, Tungwarara extended further largesse to Manicaland Province’s local leadership, gifting 10 District Development Coordinators brand-new Ford Ranger double-cab vehicles alongside US$10,000 each.
Community structures were also promised additional allocations, to be transferred into Constituency Development Fund (CDF) accounts, exclusively for projects intended to uplift local residents.
Speaking before an audience of party officials, community leaders, and residents, Tungwarara said the financial injections were deliberately structured as revolving funds capital that should circulate continuously within communities rather than being exhausted. He warned, however, that misuse of the funds would not be tolerated.
“If anyone cannot account for the money, we are going to make sure they are locked in,” he declared. “We cannot afford to nurture thieves. We mean development for every citizen.”
Tungwarara, known for his growing profile in business and philanthropy, has increasingly positioned himself as a key backer of community empowerment programs aligned with government development goals. His contributions come amid broader national efforts to stimulate local economies and promote small-scale enterprise, particularly among women and young people.