‘Zimbabwe needs reforms to tackle externalistion’
Specifically, he said alignment was needed between the factor and the central bank before engaging in the transaction.
By Belinda Chiroodza and Melody Chikono
19h ago
Lack of legal backing hurting SMEs
The third party then provides liquidity to the firm expecting the company to pay back using the money they would later receive through the account receivables.
By Belinda Chiroodza and Melody Chikono
Apr. 26, 2024
Govt gifts Byo with textile manufacturing firm
“The project also aims at contributing to the reduction of gender-based violence, youth unemployment and gender inequality, and addressing shortage of skills, among women and youths.”
By Daniel Moyo
Apr. 26, 2024
Afreximbank pledges to assist Zim on framework for SME financing
A model law on factoring that enabled countries to create a conducive legal and regulatory environment was developed in 2016 and has since been used by seven countries in passing factoring laws.
By Business Reporter
Apr. 22, 2024
Access to credit by women improves
In a bid to enhance the credit infrastructure and promote financial inclusion, the central bank established the collateral registry in November 2022.
By Mthandazo Nyoni
Apr. 17, 2024
Mutsvangwa pushes for creation, strengthening of SME credit co-operatives
SMEs have struggled to access funding from banks as they do not have the required collateral demanded by financial institutions.
By Tafadzwa Mhlanga
Apr. 9, 2024
Brand association, approved standards
Voluntary standards are revolutionary. A brand with an approved standard is quality assured. National and provincial standards will bring about brand association with territories.
By Tanaka Chikwenhere
Apr. 5, 2024
Push for women emancipation gathers steam in Zimbabwe
The event was supported by the Women Affairs Community Small to Medium Enterprises Development ministry as well as the chairperson for Zaka Rural District Council, among other stakeholders.
By Takemore Mazuruse
Mar. 31, 2024
SMEs urged to improve their financial reporting
Chitupa also encouraged SMEs to join forces on their governance to improve their financial reporting to attract proper financing.
By Tafadzwa Mhlanga
Mar. 29, 2024