In a groundbreaking initiative, the Securities and Exchange Commission of Zimbabwe (SECZIM) has unveiled its inaugural financial literacy programme in Zaka, marking a significant step towards improving financial literacy and promoting participation in the capital market among Zimbabwean youths and communities.
- Grab your own copy of your latest ZimGospel Masters Magazine and don’t forget to visit our YouTube Channel to get to know of our content
Hundreds of individuals in Zaka seized the opportunity to enroll in the programme, expressing their enthusiasm for the invaluable knowledge it offers, particularly in enhancing business skills and understanding financial management.
Participants lauded the initiative for its potential to empower the SME sector and bridge the gap between rural and urban communities.
“I’m excited about today’s programme because it equips us with essential skills for conducting business professionally, including business registration, saving, and investing,” remarked one community member.
Another participant highlighted the significance of the programme for rural schoolchildren, acknowledging its potential to provide them with essential knowledge on capital markets and financial management, thus leveling the playing field with their urban counterparts.
Furthermore, Zaka schools received investor education toolkits as part of the programme, a move praised for its role in promoting financial inclusion and nurturing a culture of saving among SMEs in rural communities.
Zaka South legislator, Honorable Clemence Chiduwa, underscored the importance of financial literacy in achieving national development goals, emphasizing its critical role in empowering SMEs and fostering economic growth.
SECZIM director, Ms. Farai Mpofu, highlighted the low level of capital market knowledge and participation in the country, emphasizing the need for awareness campaigns to address this issue. The financial literacy programme aims to empower stakeholders by providing them with essential tools and resources to navigate the complexities of the capital market effectively.
The Ministry of Primary and Secondary Education’s Curriculum Development Unit has endorsed the investor education toolkit as a supplementary learning material, ensuring its distribution in schools to facilitate ongoing financial literacy education training.
- Like and follow our Facebook page and Twitter page to get to know more of our content.
Through initiatives like the financial literacy programme, Zimbabwe is poised to enhance financial inclusion, empower communities, and drive sustainable economic development in line with its national vision for 2030.
