HARARE – The Central African Building Society (CABS) has halted disbursement of youth empowerment loans due to a high default rate. The financial group was granting youths loans to fund projects under a $10 million Kurera-Ukondla Youth Empowerment Fund. “Disbursements were stopped as of May 2014 and will only be resumed after the Trustees come…
CABS halts youth empowerment loans
