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Fintech platforms have been transforming Zimbabwe’s financial landscape in recent years by offering innovative digital solutions for financial transactions.
“Being a well-diversified group positions us to take advantage of several opportunities in our market to drive business growth and profitability,” the EcoCash executive said.
However, Econet said it has faced significant challenges due to ongoing power cuts, leading to increased costs for backup power and investment in solar energy.
IH Securities said therefore, the short-term nature of Steward’s deposits inhibits its ability to earn interest income, relying predominantly on transactional income.