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
Microfinanciers turn to capital preservation strategies
According to Zamfi, this strategy was influenced by its bid to mitigate against the challenges of the exchange rate instability, high inflation and political risks.
By Melody Chikono
Sep. 13, 2023
Microfinance sector sound, registers 230% growth
Total loans for the microfinance sector increased by 672,66% to $355,50 billion.
By Mthandazo Nyoni
Aug. 14, 2023
Corporate governance in microfinance in Zimbabwe
This is not the only institution that has been found wanting in corporate governance practices in Zimbabwe’s microfinance sector.
By Beatrice Moyo
Feb. 25, 2023
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