High interest rates choke microfinance sector
This decision aims to foster price and exchange rate stability in the economy.
By Lee Musaidzi
Dec. 13, 2024
Desist from turning to unregistered lenders: Zamfi
The rise in the number of unregistered lenders comes on the back of a liquidity crunch in the formal sector that has persisted since the introduction of the Zimbabwe Gold in April.
By Tatira Zwinoira
Oct. 4, 2024
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
