adminFungai Lupande Mash Central Bureau
Zimbabwe is drawing lessons on how cooperatives in Kenya have successfully used the internet to grow.
Kenya is famous for its Savings and Credit Cooperative (SACCO).
Businessman Dr Douglas Mamvura has teamed with a Kenyan company Sybl to help local cooperatives in Zimbabwe to improve their operations through a digital platform called Mbozha/Inginga.
The platform, which will start running in February, will also provide Minister of Women’s Affairs, Community, Small and Medium Enterprises Development Dr Sithembiso Nyoni with access to information on all cooperatives.
It will create a dashboard for her to track each cooperative, monitoring their performance and assist those that need funding.
Dr Mamvura said the platform is hosted using technology from internationally recognised companies.
He said some SACCOs in Zimbabwe are still relying on manual banking and sometimes funds are uncounted for.
The platform will also help scout for local and international markets for cooperatives and assist in exporting the products.
Online Reporter