News
Small to medium enterprises (SMEs) are set to grow this year due to legislation restricting imports and the advancement of technology, experts have said.
AS banks continue to put a lid on loans and advances, non-performing loans (NPLs) which describe a loan on which the debtor is not making any repayments have dropped to below 10 percent from a peak of 20,5 percent in 2015, raising expectations tha
FBC Bank intends to invest US$5 million this year into agricultural value chain players to promote small-scale farmers by adding value to their products. The move is expected to improve small-scale farmers’ capacity to generate revenue.
Many people have become self-employed and are running small businesses, either from home, business centres or town.
A recently published study on the long-run effects of mobile money on economic outcomes in Kenya provides some valuable insights that will benefit economic development and financial inclusion polices across Africa.
Current challenges with the availability of cash in the economy have opened up a very hot debate about the future of the business environment. Zimbabweans have, over the last few years, operated in a cash economy.
Cash shortages roiling Zimbabwe’s financial markets have driven many banks into a new age of innovative products designed to promote transactions through digital and electronic platforms.
FBC’s Executive Director-Retail Banking & e-Commerce Agrippa Mugwagwa (pictured) is the new president for the Marketers Association of Zimbabwe (MAZ).
Zimbabwe’s trade deficit narrowed 13 percent to $2 billion in the nine months to September compared to $2, 3 billion in the same period last year on lower imports.
Zimbabwe has cleared its arrears with the International Monetary Fund as part of efforts to settle its overdue financial obligations to the multilateral institution.