Articles tagged 'smes'

“Zim can create a $1bn economy” 27 June 2017 HARARE - Zimbabwe has the potential to create a billion dollar economy by empowering its entrepreneurs and small to medium enterprises (SMEs), a local firm has said. Global Entrepreneurship Trust Club (GET Club) said SMEs play an important role in the world economy and contribute substantially...
'Zim can create a $1bn economy' 22 June 2017 HARARE – Zimbabwe has the potential to create a billion dollar economy by empowering its entrepreneurs and small to medium enterprises (SMEs), a local firm has said. Global Entrepreneurship Trust Club (Get Club) said SMEs play an important role in the world economy and contribute substantially...
Businesses urged to increase online presence 31 May 2017 HARARE - Zimbabwe's small-to-medium enterprises (SMEs) have been urged to enhance online presence as a growth strategy. This comes as research has shown that an online presence is important for outbound marketing because it reinforces your brand and what companies offer to their target market....
Govt to help SMEs: Mugabe 18 February 2017 HARARE - President Robert Mugabe yesterday said he was searching for ways to stimulate the small-and medium-sized enterprise (SMEs) sector to generate growth as the national economy struggles to recover from a long-running crisis. Speaking at the 11th Zimbabwe International Research Symposium ...
Old Mutual to construct multi-million dollar mall 20 June 2016 HARARE - Diversified financial services group, Old Mutual, is set to construct a multi-million mall in central Harare to cater for small to medium enterprises and the informal sector. The listed company's chief executive Jonas Mushosho on Friday said the new property — to be known as the Eastg...
CBZ targets SMEs 17 June 2016 HARARE - Zimbabwe's largest financial services group by asset base, CBZ Holdings, has advised the small to medium enterprises (SME's) to make their businesses attractive to investors. “The SME sector represents a substantial portion of all economic activity in the country,” CBZ Bank head of SM...
Smedco to become microfinance bank 16 March 2016 HARARE - Zimbabwe is moving to transform the Small to Medium Enterprises Development Corporation (Smedco) — formerly the Small Scale Development Corporation (Sedco) — into a microfinance bank for the institution to play a pivotal role in economic development. Small to Medium Enterprises (SMEs)...
Microsoft seeks to assist SMEs 3 March 2016 HARARE - International technology giant Microsoft says it is committed to assist Zimbabwean small and medium enterprises and entrepreneurs with a cloud-based portal that offers various tools for business growth. The company's director, Rotimi Olumide, recently told delegates in Harare that Mic...
'High tax regime spooks SMEs' 3 March 2016 MUTARE - Zimbabwe's high tax regime is spooking the $7,4 billion informal sector from formalising their businesses, shutting out government from accessing up to 5,7 million small-to-medium scale enterprises (SME). This was said by consulting economist Gift Mugano on Tuesday at an SME formalisa...
'Zim worst country for SMEs' 12 December 2015 HARARE - Zimbabwe has been ranked as the least country in Africa with a favourable environment for Small to Medium Scale Enterprises (SMEs) to start and operate a business, a new study has revealed. The latest survey by a South African-based research institution — ThinkRoom Consulting — in con...
CBZ unveils $10m SMEs facility 3 September 2015 HARARE - Zimbabwe's largest financial services group by asset base, CBZ Holdings (CBZ), has unveiled a $10 million facility to stimulate and support growth in the small-to-medium enterprises (SMEs) and micro finance sectors. Its chief executive, Never Nyemudzo, told businessdaily yesterday tha...
Harare raking in $36k daily: Minister 27 March 2015 HARARE - Harare City Council (HCC), which is raking in at least $36 000 a day, is failing to pay its workers' salaries on time, a Cabinet minister has said. Sithembiso Nyoni, the minister of Small and Medium Enterprises made the revelation during a meeting held at Siyaso complex in Mbare. C...
Govt to set up SMEs bank 27 March 2014 HARARE - Government is moving to set up a Small to Medium Enterprise (SME) bank, a Cabinet minister said yesterday. Sithembiso Nyoni, minister of Small and Medium Enterprises and Cooperative Development,  said the Kingston Kajese-led Small Enterprises Development Corporation (SedCo) board has ...
SMEs minister bunks Parly hearing 31 May 2013 HARARE - Parliamentarians have ordered Small and Medium Enterprises and Co-operative Development minister Sithembiso Nyoni to immediately appear before a Parliamentary committee after she sent proxies. The SME portfolio committee led by chairperson Albert Mhlanga had summoned Nyoni and her perman...
SMEs finally rewarded 25 April 2013 HARARE - Small to Medium Enterprises Development minister Sithembiso Nyoni says 25 percent of government tenders will be awarded to the informal sector, a move expected to bolster economic growth. Our Bill is out and 25 percent of the tenders will be awarded to SMEs. If your tender application is...