SMEs launch representative board

SCORES of businesspeople from the small and medium enterprises sector converged at Nicoz Diamond on Wednesday for the launch of the Professional Small to Medium Enterprises Chamber of Commerce and Industry (PSCCI).

Among other things, PSCCI will help small to medium enterprises in areas such as business growth strategies, access to capital, access to markets, operating infrastructure, compliance and overall business management.

Speaking during the official launch of the new body, PSCCI managing director, Delight Makotose said the initiative was started to boost growth and professionalisation of small and medium enterprises in the country.

“Our main focus is economic empowerment through professional enterprise, economic growth, job creation and encouraging competitiveness through the organised business communities and networking.

“As an independent organisation, PSCCI represents the interests of its members through lobbying and advocacy, collaborating and facilitation of partnerships,” said Makotose.

PSCCI president and Chairperson Luxon Zembe said small and medium enterprises are critical to the Zimbabwean economy as they contribute 60 percent of the Gross Domestic Product (GDP) and provide jobs to 80 percent of the countries gainfully employed people.

“We (SMEs) are saying to our parliamentarians, we want engagement to talk to each other and also have space that you accord to other sectors like mining sector.

“The purpose of the Chamber is to create a platform where the voice of SMEs can no longer be silenced,” said Zembe.
Zembe added that SMEs are sustaining the country’s economy despite being sidelined from key decision-making processes.

He urged all interested SMEs to join PSCCI, a move that he said will help members access finance, markets and appropriate business infrastructure among many other benefits.

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