By Richmore Tera.

Harare, Zimbabwe. (News Of The South) – GOVERNMENT, through the Ministry of Women Affairs, Gender and Community Development will soon open a bank for women, the Women’s Bank, as part of mainstreaming women into the national economic blueprints.

This emerged during the national celebrations to mark International Women’s Day which were held at the Harare International Conference Centre recently.

In her speech, the Minister of Women Affairs, Gender and Community Development, Honourable Nyasha Chikwinya said the decision to start the bank was spurred by the desire for the financial inclusion of women in all sectors of the economy.

“There is need for financial inclusion of women into various sectors of the economy. For them to be actively involved in agro and financial sectors, they need money. This is the reason why we are planning to open a women’s bank. In fact, plans are now at an advanced stage and what is only left is to open it after a few touch-ups,” she said to wild applause from the audience.
Honourable Chikwinya took the same opportunity to introduce some prospective members of the bank as well as its Chief Executive Officer.



“You think we are just talking? The CEO of the bank is here with us today, together with the other board members,” she said.
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Added the minister: “Women need to be equipped with skills that are relevant for them to unlock funding. If you want a bank to offer you money, you ought to be equipped with these seven B’s, or any of them, so that it becomes easy for you to convince them to give you money for your business.”

According to Honourable Chikwinya, the setting up of this bank was going to unlock a lot of potential among women whom she described as being now poised to elevate Zimbabwe to another level.
Touching on the theme of the women’s day celebrations, which ran thus, “The Woman we want is: Bankable, Business-minded, Brainy, Beautiful, Bold, Blessed and Balanced,” the Deputy Governor of the Reserve Bank of Zimbabwe, Dr Charity Lindiwe Dhliwayo, who was also the guest of honour at the event, commended the Ministry of Women Affairs, Gender and Community Development for the initiative.

Dr Dhliwayo said the RBZ was fully supportive of such a move to empower women in the financial sector.

“If we are to achieve sustainable growth…women should be encouraged to step out there and take the bold step to change the world. We are happy that gender issues have been mainstreamed into our national blueprints, and what is now left is their active participation in the economic sector. Inclusive economies are built on economic parity.



“Our desire is to see women fully participating in the economy of Zimbabwe and the Women’s Bank will go a long way in addressing their financial needs in the country. This is so because women have had problems in accessing credits in banks… We (RBZ) are making sure that the Women’s Bank becomes a success,” Governor Dhliwayo said.

Some of the guests who attended the event included Minister of State for Provincial Affairs, Hon Miriam Chikukwa, Deputy Minister of Women Affairs, Gender and Community Development Hon Damasane, United Nations Resident Co-ordinator in Zimbabwe, Mr Bishow Parajuli, Secretary for Women Affairs, Gender and Community Development Dr P. Gumbo, Child President Tinaye Mbavari, Child Senate President Hon Mavis Chimbanu and Child Speaker of Parliament Hon Charmaine Chidawanyika.
Entertainment was provided by the Police Band, Seke Teachers’College, Mbare Chimurenga Choir and St Mary’s Chimurenga Choir.

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