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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 | 129 | 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 | 328 | 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 | 433 | 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 | 277 | 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 | 167 | 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 | 148 | 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 | 46 | by Agencies

Zimbabwe: African Development Bank approves $25 million trade finance line of credit for Central Africa Building Society

The Board of Directors of the African Development Bank Group (www.AfDB.org/en) has approved a $25 million trade finance line of credit facility to the Central Africa Building Society of Zimbabwe, to be used to boost local firms and small a…

Published: 20 Dec 2023 at 22:34hrs | 49 | by APO

Hararians hail Pomona deal suspension

HARARE residents and property rights advocates have thrown their weight behind the Jacob Mafume-led council decision to suspend the controversial Pomona waste management deal.The project has courted controversy, resulting in council and ot…

Published: 09 Jun 2022 at 06:41hrs | | by Staff reporter

Zimbabwe selected for UN SMEs projects

ZIMBABWE has been selected as one of the countries where two three-year pilot United Nations-funded projects to capacitate small-to-medium enterprises (SMEs) will be implemented.The UN Department of Economic and Social Affairs (UNDESA) pro…

Published: 09 Jun 2022 at 06:41hrs | | by Staff reporter

Struggling Gwanda SMEs in need of development funds

DELAYS in the disbursement of funds and unattractive vending points have been identified as major stumbling blocks for small to medium enterprises (SMEs) in Gwanda that are struggling to recover from the effects of the Covid-19 induced loc…

Published: 14 May 2021 at 07:35hrs | 10 | by Staff Reporter

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 | 9 | 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 | 3 | by Elijah Chihota

Zimbabwe targets tax cuts for SMEs

The Zimbabwe Revenue Authority (Zimra) plans to cut taxes for small to medium enterprises (SMEs) as part of efforts to help them formalise their operations through compliance.A working paper titled "Shadow economies around the world: What …

Published: 03 Jun 2018 at 08:20hrs | 2 | by Staff Reporter

'Create your own jobs,' says Mugabe

PRESIDENT Robert Mugabe, whose party was re-elected in 2013 on the strength of creating 2,2 million jobs within five years, has called on Zimbabweans to create their own jobs in the small to medium enterprise (SME) sector instead of waitin…

Published: 06 Apr 2017 at 06:36hrs | 1 | by Staff reporter

Start Smart targets Africa's SMEs

ACCRA - The data available on privately owned businesses in Africa suggests that close to 90% are classified as Small and Medium Sized Enterprises (SMEs). The staggering statistics come with equally enormous challenges. The majority is una…

Published: 04 Mar 2014 at 20:46hrs | 4 | by Staff Reporter

SMEs new secondary bourse starts in September

THE Zimbabwe Stock Exchange will start the listing of Small-to-Medium Enterprises on a new secondary bourse by next September 30.In October last year, the ZSE announced they were working on establishing a bourse for SMEs to provide easier …

Published: 19 Mar 2013 at 23:00hrs | | by Staff Reporter

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 | | by Staff Reporter

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Fast-food levy nets US$1 million for Treasury in 6 months

Process to gazette slashed levies begins

Victoria Falls to host high-stakes conference

2 die in Bulawayo hit-and-runs

Lovers found dead in suspected murder-suicide

Zimbabwe's World Tourism Expo ends on a high note

Zimbabwe's informal economy a risk to anti-money laundering drive

Advocate Mpofu takes on State House security guards

Chinese nationals fined only US$150 for cocaine in the Banana republic

Zimbabwe grain import ban affecting SA farmers

7 dead in Masvingo-Beitbridge road crash

No excuses will end Zimbabwe's electricity shortages without accountability, investment, and reform

Zim schools to introduce anti-sanctions curriculum, from ECD

National Sports Stadium rehab will be completed by year-end

High Court nullifies US$140,000 property sale in divorce dispute

Bulawayo records major HIV decline

Elderly overlooked in HIV prevention

Tagwirei publishes snakebite management guidebook

General Mutamba honoured with Zimbabwe's top policing award

Woman found buried in garden, stepdaughter arrested

Zimbabwe's highways double as drug pipelines

Zimbabwe accelerates school construction drive

Married woman caught pants down

Mnangagwa caps 640 HIT graduates

Zim medics become lifeline for migrants in South Africa

Man arrested for highlighting poor sanitation at Registrar's office

Statutory fees remain until laws are amended

RBZ assures stability over post post-dollarisation era

Zimbabwe industries push for legislative protection

Hichilema to make State Visit to Zimbabwe

Air Zim, NHS scoop tourism awards

Maimane calls on SA to hold Zanu-PF accountable

E.D. Mnangagwa road to close for sewer works

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