Microfinance sector dumps local currency
According to national statistics, over 80% of transactions are now in foreign currency, with the dominant currency being the greenback, as the market has rejected the local currency.
By Melody Chikono
Jun. 12, 2024
Microfinance players urged to be innovative
The microfinance sector, like the rest of the financial services sector, has also been victim to policy inconsistencies especially around currency resulting in massive loss of value.
By Melody Chikono
Feb. 28, 2024
