Zimbabwe banking and financial industry report

Zimbabwe's banking and financial industry reflects the overall health of the economy. The country has broadly experienced capital flight and negligible foreign direct investment during the last 2 decades. Policy inconsistency has undermined Zimbabwe's banking and financial industry together with its capital account. Thungela Resources set to diversify beyond coal in South Africa Zimbabwe has been dubbed the sick man of southern Africa for the past 25 years. The country has seen capital flight and an outflow of foreign investment. There are numerous causes for this result. The primary cause has been policy blunders and so-called "flip-flopping" by government gatekeepers. Like to the rest of the world, Zimbabwe's banking system reflects the activity of the actual economy. Banks and other financial services institutions serve as financial mediators for real economy players. This indicates that banks serve as a vital link between surplus and deficit units. In economic terms, this means that banks connect lenders and borrowers. As financial intermediaries, banks and financial services organizations will accept funds from individuals and organizations with surplus funds, also known as surplus units, and channel those funds to individuals and organizations with deficit funds, also known as deficit units. Banks and financial services firms