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Zimbabwe

Zimbabwean lender sets aside US$10m for SMEs  

Homelink Finance Services has set aside over US$10 million to enhance the export capacity of small to medium enterprises (SMEs) this year. This is also expected to boost the competitiveness of SMEs products on both the domestic and international markets....

#bank#exporters#international

Banks left out to dry in liquidity market scheme

Collateral demands may exclude very banks facility was set-up to aid. (more…)

#bank#bonds#liquidity


Microfinance Bill to ensure verity of micro-finance products

Reserve Bank expects the new Microfinance Bill to help SMEs, which are neglected by Zimbabwean banks due to lack of…

#bank#financial services#interest rates


Factoring Opportunity in Zimbabwe?

A Zimbabwe based organisation is looking for investors to launch factoring business. (more…)


Government begins export credit insurance talks with AITA

The government of Zimbabwe has begun negotiations with the Nairobi-based African Trade Insurance Agency (AITA), to establish a USD25 million…

#exporters#exports#international


CDB avails $30m line of credit to SMEs

The China Development Bank Corporation (CDB) has, through its cooperating partner, the Infrastructure Development Bank of Zimbabwe (IDBZ), extended a…

#bank#conference#forum


Trust Bank to provide invoice discounting to rural agro-traders

Trust Bank releases US $4 million for local agribusiness through debt and invoice discounting, order financing and overdraft facilities (more…)

#bank#interest rates#invoice


Real need to recapitalise SME development corporation

The Ministry of Small and Medium Enterprises is working on a budget proposal for the recapitalisation of the Small Enterprise…


The majority of SME borrowers are women

Women form the bulk of borrowers for funds to finance the operations of SMEs, according to the Zimbabwe Association of Micro-Finance…


Government allocates US$55,4bn to SMEs

The Zimbabwe Government has allocated a total of US$55,4bn in loan facilities to support SMEs, so far this year. (more…)


SMEs get funding boost

The US$16 m that has been availed by the Reserve Bank of Zimbabwe (RZB) for the small- and medium-size enterprises…

#bank#interest rates#smes


New export factoring product launched

Melfast Factoring has a new export factoring product to help exporting companies get their earnings on time and retain market…

International factoring company provides access to foreign exchange lines...

International factoring company, Africa Forfeiting Limited has introduced a new product to resolve the funding worries associated with cross-border... (more…)

#exporters#exports#interest rates

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