MAP Zimbabwe
MAP Zimbabwe’s 2016 findings were derived from demand-side analysis from quantitative data provided by the 2011 and 2014 FinScope surveys, the Zimbabwe MSME Survey 2012 and primary qualitative research. The supply-side and regulatory analysis pulled data from interviews, mystery shopping and a range of industry documents.
The initial report highlighted seven key drivers that have an impact on financial inclusion in Zimbabwe. These included:
- Declining income and employment depressing the use of formal financial services
- Dutch disease, brought on by a strengthening US Dollar, which is driving weak exports and strong imports undermining the productive potential of credit but driving cross-border payments
- Banks’ contribution to the retail financial market declining, which requires them to re-think their business models to regain ground
- Payments and mobile money platforms now dominating the retail financial market landscape
- Cross-border retail money flows being a major growth area for Zimbabwe and fundamental for the economy and households to survive
- Informal financial services soaring as communities act collectively to survive
- Private human capital development, specifically financial services to support education, remaining a key priority for most Zimbabweans
Download the diagnostic report
English
Size 2mb
Download the synthesis report
English
Size 1.2mb
Download the presentation
English
Size 1.2mb
Related Content
Understanding the usage of financial services in Southern Africa
The recent 2017 Findex findings have triggered another round of important discussions on usage in financial inclusion. They highlight that, in the abs [...]
Managing risk whilst facilitating innovation: The case of m-insurance in Zimbabwe
M-insurance – insurance sold through or with a mobile network operator (MNO) – has gained significant attention in recent years due to its rapid g [...]
A needs-based approach to financial inclusion measurement in Zimbabwe
Financial inclusion is an important tool for enabling development and improving the lives of the poor across the globe. Up to now, most governments an [...]
Role of inclusive insurance markets in economic growth and poverty reduction
There is much dialogue on the way insurance markets can contribute to poverty reduction by helping low-income individuals to preserve assets and mitig [...]
Remittance study on Zimbabwe migrant workers in South Africa
This 2010 study is concerned with the remittance of funds to Zimbabwe from South Africa and assesses the suitability of the 90-day casual worker's per [...]
To share or not to share
Against the backdrop of the financial sector playing a key role in mobilising resources to achieve economic growth, Zimbabwe has in recent times seen [...]
