Women Savings Groups Can Enhance Financial Inclusion
Women can indeed lead the national savings agenda in Zimbabwe. Not only are women better savers, they are also proving to be better borrowers, despite having lower access to formal financial services compared to their male counterparts.
Enhancing Capacity in MSMEs
It is indisputable that micro and small to medium enterprises (MSMEs) now comprise a predominant share of private sector economic activities in the country. Key stakeholders need to come up with a holistic framework outlining how the sector can be natured so that its contribution to economic development can be harnessed and increased.Read More
October 31st of each year is celebrated as World Savings Day. The day was established on October 31, 1924, during the 1st International Savings Bank Congress (World Society of Savings Banks) in Milano, Italy at the instance of an Italian Professor Filippo Ravizza, who first declared the day the "International Saving Day" on the last day of the Thrift Congress.Read More
Starting a business without a business plan is like setting out on a journey from the middle of nowhere with neither map nor supplies to see you through the journey, and hoping to find a specific location that you have never been to.Read More
Success in business has many colours and being called a successful “business person” or “entrepreneur” is an honour that most of us cherish. It is however not very easy to become a business person, let alone, a successful one. How do bankers measure the successfulness or otherwise of a small business?Read More
Financial innovation can be defined as the act of creating and then popularizing new financial instruments. This implies advances over time in the financial instruments and payment systems used in the lending and borrowing of funds as well as innovations in the payment mechanisms and systems in the economy.