How direct debit or debit orders works in Zambia
Industry Information

How direct debit or debit orders works in Zambia

Direct debit, a payment mechanism allowing automatic recurring deductions from a customer’s account to pay bills or loans....

Invest in a lending business: Why and how to make profit from it
Lending

Invest in a lending business: Why and how to make profit from it

If you are interested in making extra cash by borrowing out some of your excess funds to individuals, then you consider investing in a lending business

How to get started as a lender in Zimbabwe
Lender information

How to get started as a lender in Zimbabwe

In May 2022, the Zimbabwe government froze all bank lending, citing speculative behavior as the villain. Businesses gasped, households flailed, and the economy wobbled like a three-legged table. For a moment, it felt like financial oxygen had been cut off. But nature—and credit markets—abhor a vacuum. During this period, formal financial institutions were sidelined, and […]