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Zimbabwe SMEs crushed by annual compliance fees

Small and medium enterprises (SMEs) in Zimbabwe are buckling under the weight of steep compliance costs - some as high as US$10,000 annually - raising alarm over a regulatory environment that is driving businesses deeper into informality.F…

Published: 24 Jul 2025 at 14:34hrs | 140 | by Staff reporter

Zim SMEs target technological transfer from India, cut import bill

The Zimbabwe Chamber of Small to Medium-sized Enterprises (SMEs) has promised to invest in technology transfer, invest in the manufacturing sector and cut spending much on imports through their sector's contributions as learnt from a recen…

Published: 18 Mar 2025 at 18:17hrs | 396 | by Gideon Madzikatidze/Simbarashe Sithole

The Unholy Pursuit of Power: A Rebuttal to the Proposal for Extending President Mnangagwa's Term

An article by Tinotenda recently espoused the notion that the proposal for extending President Mnangagwa's term is centered around ensuring continuity and stability in Zimbabwe's economic recovery and development. He says since taking offi…

Published: 15 Feb 2025 at 22:45hrs | 435 | by Etiwel Mutero

Zimbabwe's new policy outlines plans to widen tax base

The Zimbabwean government has announced a new policy under the Zimbabwe Industrial Reconstruction and Growth Plan (ZIRGP) to simplify tax models for Small to Medium Enterprises (SMEs). This move aims to encourage the formalisation of infor…

Published: 27 Oct 2024 at 12:18hrs | 279 | by Staff reporter

Economic Empowerment Bill gets thumbs up

Stakeholders in Bulawayo, including small to medium enterprises (SMEs), have welcomed the Economic Empowerment Bill, which aims to replace the Indigenisation and Economic Empowerment Act with a new Economic Empowerment Act. The Bill is exp…

Published: 19 Jul 2024 at 06:16hrs | 169 | by Staff reporter

Stanbic Bank named national winners for supporting Micro, SMEs in Zimbabwe

Leading financial services institution, Stanbic Bank has been named National Winner for supporting micro, small to medium enterprises in Zimbabwe by the Zimbabwe National Chamber of Commerce (ZNCC).Stanbic Bank was recognised for coming up…

Published: 12 Jul 2024 at 10:35hrs | 282 | by Staff Reporter

Stanbic Bank embarks on financial fitness workshops for SMEs

Harare, 10 April 2024 - Leading financial services institution, Stanbic Bank, has established a financial fitness academy aimed at equipping Small to Medium Enterprises (SMEs) with the requisite skills to handle their finances and grow the…

Published: 10 Apr 2024 at 22:21hrs | 57 | by Agencies

Removal of the Indigenization policy: Good Riddance

The announcement by the Zimbabwean government that it will scrap the Indigenization and Empowerment policy for all investments into the country comes as a welcome development for domestic and foreign investors. The Indigenization and Econo…

Published: 25 Mar 2019 at 13:04hrs | 12 | by Victor Bhoroma

Entrepreneurship, the new spirit of Zimbabwe

The turn of the 21st century was not good for Zimbabwe as the country was slapped with illegal sanctions by the west which led to the closure of many industries. Despite going for nearly two decades with no meaningful capital investments c…

Published: 21 Dec 2018 at 13:53hrs | 12 | by Elijah Chihota

SMEs get $240 000 revolving fund

Small and medium scale entrepreneurs operating along major highways on Thursday received a $240 000 revolving fund to embark on various income generating projects.The fund, known as the Corridor Economic Empowerment Fund (CEEF), would bene…

Published: 25 Nov 2012 at 21:39hrs | 2210 | by Staff Reporter

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