financial literacy
Financial literacy in agriculture – Part 4
by Tapuwa Mashangwa Knowledge of and application of financial terms or language is an ongoing process that requires continuous assessment and improvement. Not all terms are used in the everyday operation of an agribusiness, therefore activities such as inter alia, reading and listening to business related information aid immensely.[...]
Financial literacy in agriculture: Part 3
by Tapuwa Mashangwa Financial literacy greatly increases the chances of success of an agribusiness. This of course begins first with an assessment and understanding of the immediate status of the business, drafting the financial objectives and then working towards them with the corresponding agribusiness staff. The holistic functionality of[...]
Financial literacy in agriculture Part 2: Get to terms with the terms!
by Tapuwa Mashangwa In S&P’s Global Financial Literacy Survey, African countries score the worst in terms of financial literacy in the world. The most financial literate country is Botswana at 51% and the least is Somalia at 15% according to the survey. These statistics show just how much this[...]
Financial literacy in agriculture – Part 1
The agribusiness value chain is filled with various participants fulfilling unique and sometimes intersecting roles. They are all either producing goods or services for their customers or are active users of the goods and services. The success of their businesses and livelihood largely depends on being financial literate. Financial[...]