Uncategorized

Mutambara attacks banks

NewsDay Staff ·

Deputy Prime Minister Arthur Mutambara yesterday lashed out at banks describing them as deaf, dumb and dull for refusing to invest in the poor.

Speaking at the ongoing Zimbabwe International Trade Fair (ZITF) in Bulawayo, Mutambara said there was scope in investing in Small to Medium Enterprises (SMEs) and Micro Small to Medium Enterprises (MSMEs) given their potential for growth.

In Africa, there is a view that there is a potential $350 billion to be made by banks if they invest in SMEs and MSMEs, he said.

This story is for NewsDay subscribers.

Discover more from Newsday

Subscribe now to keep reading and get access to the full archive.

Continue reading