Articles with tag : Zimbabwe

Receivables Financing and Africa
February 17, 2020

Receivables Finance in Zimbabwe

Introduction The International Monetary Fund has estimated that the Zimbabwean economy is likely to contract by 5.2 per cent in 2019, with growth envisaged between 2020 and 2024 at an average 3.3% per annum. The economic contraction has by and large been attributed to drought, foreign currency shortages, prolonged electricity cuts, fuel shortages to name […]

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HRE News
February 17, 2020

Zimbabwean start-up highlights the importance of supporting local sector to grow national economies

Harare Receivables Exchange is providing SMEs in Zimbabwe alternative sources of working capital Harare, May 10th 2019: Local start-up Harare Receivables Exchange was one of seven companies to meet the UK’s Secretary of State, Rory Stewart, on the side lines of the Africa Financial Services Investment Conference (AFSIC) underway in London. Harare Receivables Exchange, the […]

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HRE News
February 17, 2020

Afreximbank avails USD2 Million to Harare Receivables Exchange for Factoring and Supply Chain Financing in Zimbabwe.

Harare, 05 June 2019  Harare Receivables Exchange (Private) Limited (“HRE”), is pleased to announce the conclusion of a USD2 Million facility to support exporters through the African Export-Import Bank (“Afreximbank”). This facility will allow HRE to support companies that are working diligently to export their products and services to reliable customers across the world.  HRE […]

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