‘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
Apr. 28, 2024
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
US$5m project for SMEs in Chiredzi
Zimbabwe Chamber of SMEs secretary general Valencio Kurauone said the money came from their members, mainly, the youth, widows, men, and women of Chiredzi.
By Tafadzwa Mhlanga
Apr. 14, 2024
SMEs data capturing platform launched
This comes as the Zimbabwe National Chamber of Commerce estimates the informal sector to be valued at US$42 billion.
By Tafadzwa Mhlanga
Apr. 10, 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
Premium
Councillors’ looting spree thwarted
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By Sharon Buwerimwe and Kenneth Nyangani
Apr. 28, 2024
