Experts urge innovation for financial inclusion at RBZ conference
Banking and financial sector specialists gathered at the Reserve Bank of Zimbabwe’s Annual National Financial Inclusion Conference have emphasized the need for sustainable, innovative approaches to expand access to financial services. The event assembled representatives from nongovernmental organizations, development partners, fintech enterprises and regional thought leaders to address inclusion challenges under a theme centered on innovation for inclusive growth.
Reserve Bank deputy director Violet Ndoro highlighted that the gathering provides an opportunity to evaluate current initiatives and establish commitments toward collective inclusion objectives while informing the implementation of upcoming national financial inclusion strategies. Alliance Financial Inclusion head Nomcebo Hadebe stressed the importance of protecting vulnerable rural populations affected by climate change and environmental challenges that threaten financial stability gains.
Bank of Namibia principal economist Sesilia Nekwaya described how her country developed digital payment solutions responding to informal sector expansion, noting consumers’ demand for affordable and trustworthy systems backed by central bank authority. The Namibian instant payment platform launching early next year aims to build confidence among financially excluded populations while maintaining cash as part of a lighter currency approach rather than complete elimination.
