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