Empowering Women: Highlights from the Women’s Financial Inclusion Seminar

On December 11, 2024, the Women’s Financial Inclusion Seminar was held at the Bata Club, co-hosted by the Zimbabwe National Chamber of Commerce (ZNCC) and the Women Alliance of Business Associations in Zimbabwe (WABAZ). The seminar aimed to enhance financial literacy among women in business, and our very own Mr. Kusaya from the Bulawayo branch was honored to be part of it.

A Platform for Knowledge Sharing

Mr. Kusaya delivered an engaging presentation on the Deposit Protection Scheme. His discussion focused on the importance of safeguarding deposits, highlighting how such schemes can provide security and confidence for women entrepreneurs venturing into the financial landscape.

Other notable presenters included representatives from the Reserve Bank of Zimbabwe (RBZ), CBZ Bank, Ecobank, POSB, FBC, AFC, and Midlands State University’s Gender Institute. Each speaker contributed unique perspectives on financial tools, resources, and opportunities available to women in business, fostering a collaborative environment for learning and growth.

Key Takeaways

1. Financial Literacy is Essential: The seminar emphasized that understanding financial products and services is vital for women in business. Empowering women with knowledge enables them to make informed decisions and manage their finances effectively.
2. Networking Opportunities: The event provided a platform for women entrepreneurs to connect with financial institutions and fellow businesswomen. Building these networks is critical for sharing experiences, resources, and support.
3. Understanding the Deposit Protection Scheme: Mr. Kusaya’s presentation shed light on how the Deposit Protection Scheme works to safeguard deposits, particularly for small and medium-sized enterprises (SMEs). This understanding is crucial for women looking to secure their investments.
4. Collaborative Efforts: The involvement of various organizations underscored the importance of collaboration in promoting financial inclusion. By working together, stakeholders can create more opportunities and resources for women in business.

The Women’s Financial Inclusion Seminar was a resounding success, showcasing the commitment of ZNCC and WABAZ to empower women through financial literacy. As the discussions unfolded, it became clear that enhancing financial knowledge is a vital step towards achieving gender equality in the business sector.