Microhub Financial Services is fast growing micro-finance organization dedicated to supporting MSMEs in Zimbabwe. Your small business is a big deal to us. #sdg8
Tailor Make Your Own Future, It's time to put your dreams into reality. Visit your nearest Microhub branch today and get funding tailor-made for you. #microhub#microfinance# loans#beyond financing
#loansinzimbabwe#civilservantsloans
Inflation came in at 761.02% in August as currency ‘stabilization’ take effect. Sustained stability will see the inflation coming further down by half by year end. Key variables to ensure stability include money supply which is largely dependent on govt consumption & fx receipts.
What sector of business do you have the most confidence in right now? If you got a $USD5,000 loan which sector would invest it in? #zimbabwe#microfinance
This ratio is the essential litmus test that sheds light on whether the regulator's policies are working. An increase in savings indicates growing trust in both the banking sector and the Zimbabwean dollar. #zimbabwe
The monetary policy statement issued by the @ReserveBankZIM presents some bold policies aimed @ maintaining price stability. However, the distribution of bank deposits is worrying with only 2.25% of total deposits being savings deposits. #zimbabwe
@thefinancewiz Brilliant @thefinancewiz 👏👏 - In these difficult times, entrepreneurs need to leverage all the support they can get to stay afloat. Delivering the course via whatsapp is a good move that allows more people to learn remotely.
Often, entrepreneurs tend to wing it in the early days. However, building a culture of keeping good financial records early on is not only prudent, but will also help you when you need to finance to grow your business. #microhub#financialinclusion#zimbabwe
Whilst the move to accommodate SMEs is great, it is unclear why the markets have been split into two? Would simply reducing the minimum bid from $50,000 to $2,500 not suffice?..Further more, which rate will become the official rate? The Tuesday rate or the Thursday rate?
With the various disruptions to normal business, what strategies are you utilizing to keep your business operations going. How relevant and useful is leveraging the internet to your business operations? #zimbabwe#zim
Projected growth in production of Traditional Grains is commendable. The decision by the @MoLAWRR_Zim to peg the price of traditional grains above maize was a good one as output had been steadily declining for the past 3 years. Hopes are high actual output will match projections
Figures from the 2020 Mid-Term Budget and Economic Review, by @ZimTreasury paint a gloomy picture. Zimbabwean economy is expected to register negative growth of -4.5% with South Africa also expected to experience a contraction of -8% -- #Zimbabwe#SouthAfrica
A key tenet of financial inclusion is financial literacy. The various instruments & circular updates regarding Zimbabwe's currency has left a majority of urban residents confused. Its a wonder how well informed residents in the rural areas are & how they are adapting. #Zimbabwe