Zim to hold another SMEs Expo

HARARE - Zimbabwe will this month hold another Small and Medium Enterprises (SMEs) Expo on engineering, production machinery and equipment aimed at creating awareness of technologies available in the country for agro-processing.

SMEs minister Sithembiso Nyoni yesterday said the expo, to run from November 26-28, 2015 at the Exhibition Park, will run under the theme "Promoting SME productivity in the Agro Processing Value Chain".

"The objectives of the expo is to promote linkages between Micro, Small and Medium Enterprises (MSMEs), co-operatives and manufacturers of machinery for agro-processing and create a platform for MSMEs, co-operatives and corporates to exhibit and promote their agro-processing production technologies," she said.

Nyoni added that a conference running under the same theme would be held on the sidelines of the expo on November 27, 2015.

"At the end of the expo and conference we are expecting MSMEs and co-operatives to have acquired information and knowledge on agro-processing technologies available in the country," she said adding that policy makers would be able to come up with policies that address the existing gap in technology for agro-processing.

Zimbabwe has so far held two SMEs exhibitions this year organised by the Business Connect and the Harare Chamber of Small and Medium Enterprises aimed at finding practical solutions to the country's economic challenges.

Official figures show that Zimbabwe has an estimated 2,9 million SMEs across the country.

Of these, Harare has the highest number (541 456), followed by Manicaland (393 274) and Matabeleland has the least with 136 841.

The majority of SMEs owners (68,4 percent) are individual entrepreneurs who work for themselves or who rely much on the spouse and children in the place of employees to do their business while 32,6 percent employ people in their business.

Post a comment

Readers are kindly requested to refrain from using abusive, vulgar, racist, tribalistic, sexist, discriminatory and hurtful language when posting their comments on the Daily News website.
Those who transgress this civilised etiquette will be barred from contributing to our online discussions.
- Editor

Your email address will not be shared.