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Zimbabwe

ZSE plans to set up SME bourse

The Zimbabwe Stock Exchange (ZSE) plans setting up a secondary bourse for small- and medium-sized enterprises. ZSE chief executive Mr Emmanuel Munyukwi told the initiative would go ahead as planned, but did not mention dates. However, Mr Munyukwi stressed there...

US$200bn facility set up for SMEs

Small-and medium-sized enterprises (SMEs) can benefit from a US$200bn facility provided by the government. SMEs in the productive and value-added…


Consolidated factoring and leasing company to be restructured

CFX Financial Services (CFXFS), the new owners of the Leasing Company of Zimbabwe (LCZ), an erstwhile Century Holdings Limited subsidiary,…

#asset management#bank#financial services


Ministry allocates US$12 billion to SMEs

The Ministry of Small and Medium Enterprises Development (SMED) has mobilised $12 billion for on-lending to small- and medium-scale enterprises…

#bank#funding#management


First Factoring and Venture Capital seal partnership deal

The First Factoring Company of Zimbabwe (FFCZ) has entered into a partnership with the Venture Capital Company of Zimbabwe (VCCZ)…


SMEs should venture into export market

Zimbabwe's economy at the moment finds itself in unprecedented macroeconomic difficulties. There is an acute shortage of foreign currency, inflation…

#interest rates#international#International Trade


ECGC enhances credit operation

The Export Credit Guarantee Corporation of Zimbabwe (Pvt) Ltd (ECGC) says it is enhancing its credit operations at a time…

#bank#exporters#guarantees


Zimbabwean factor planning cross-border expansion; seeks external investor

Life in Zimbabwe is increasingly difficult due to the catastrophic economic difficulties, not only on a personal level but also…


Small Enterprise Development Corporation hit by financial crisis

The Small Enterprise Development Corporation (Sedco), which is facing serious financial constraints, could be forced to further downsize its operations…

#bank#funding#small businesses


Small Enterprise Development Corporation disburses $949m loans under SME...

The Small Enterprise Development Corporation (Sedco) has, since 2002, distributed loans amounting to $949 million to over 1,557 borrowers under…

#GDP#smes#unemployment


Draft Policy on SMEs a Welcome Development

The Secretary for Industry and International Trade, Mr Stuart Comberbach, has announced that the draft policy on small and medium-scale…


US$250 million Shot in the Arm for Small and...

The Zimbabwean Ministry of Industry and International Trade last Monday released US$250 million for disbursement to small and medium scale…

#interest#interest rate#international

ZBD Financial Services Profit Up 177%

Although it had a net loss under current cost accounting, ZDB Financial Services saw its net profit increase by 177%…

#financial institution#financial services#interest rates

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