News

Zimbabwe’s SACCO sector gains traction amid financial turbulence

NewsDay Staff ·

Zimbabwe’s SACCO sector gains traction amid financial turbulence

AS Zimbabwe grapples with the fallout from a wave of collapsed Ponzi schemes and informal investment clubs, a quiet shift is taking place in the country’s financial landscape. 

The spotlight is gradually turning to regulated cooperative models—particularly Savings and Credit Cooperative Societies (SACCOs)—that are offering a more structured and sustainable approach to financial inclusion.

Among the emerging players, the IAPAZ Professional Savings and Credit Cooperative Society (IAPAZ Pro SACCO) is drawing attention for its emphasis on governance, professional oversight, and member-driven services.

This story is for NewsDay subscribers.

Discover more from Newsday

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

Continue reading