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Economy

Capacitate development finance institutions, including the micro-finance institutions, in order to support the sector with accessible financial facilities.

Kept

$4.7 Billion Set Aside in National Budget for Financial Inclusion of Women.

https://www.newsday.co.zw/2021/12/govt-sets-aside-47bn-for-financial-inclusion-of-women/

    

Dec. 7, 2021

Some of the resources will go towards recapitalization of the related financial institutions as well as a guarantee fund to address collateral issues that are inhibiting access to finance by the target groups.

Previous Updates

Enactment of the Microfinance Act (Chapter 11:24).

Herald

    

Nov. 23, 2019

President Mnangagwa has assented to three new laws aimed at guiding the Government’s political and economic reform agenda.

The three laws are the Maintenance of Peace and Order Act (MOPA) (Chapter 11:23), the Companies and Other Business Act (Chapter 24:31) and the Microfinance Act (Chapter 11:24).

    

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