Navigating Precarious Livelihoods: Youth in the SME Sector in Zimbabwe
In Zimbabwe, the SME sector represents the largest employer, especially of young people (Nyamwanza 2014; Nyoni and Bonga 2018). In 2017 alone, 13,000 SMEs registered with the Zimbabwe Revenue Authority to pay taxes (Nsingo 2017). Overall, there are over 60,000 registered SMEs in Zimbabwe, which contribute up to 60 per cent to the country's ...
Reviving Zimbabwe's SMEs: Tackling the Challenges Ahead …
However, the SME sector in Zimbabwe has faced a myriad of challenges that have hindered its full potential. SMEs account for a significant portion of the country's Gross Domestic Product (GDP) and ...
(PDF) Export Performance of SMEs in the Rwandan Mining Sector
This study investigates the export performance of SMEs in the Rwandan mining sector. Specifically, it ascertains if Rwandan mining SMEs set annual export targets; investigates the strategies that they follow to achieve these targets; assesses the extent to which set export targets have been achieved; finds out the barriers that affect SMEs' operations with regard to …
Gender analysis in Zimbabwe industries | UN Women – Africa
UN Women Zimbabwe and the Confederation of Zimbabwe Industries agreed in early 2017 to partner on the Annual Manufacturing Sector Survey, which included the country office's participation in the design of the research instrument, in the field research, and in the development of the gender analysis of the findings.
The Impact of Corporate Governance Practices on …
Key Words: Corporate Governance, Performance, Mining Sector, Zimbabwe . Journal of African Interdisciplinary Stu dies (JAIS): ISSN 2523-6725 (online) January 2022 Vol. 6, No. 1 .
Historical Overview of Small and Medium Enterprise Policies in Zimbabwe
ed agro-processing, construction, mining and. animal husbandry and poultry. The rate of inter-est charged on the loans, seventy percent, was. ... SME sector in Zimbabwe. The SMEs in the var-
CBZ Secures USD 50M Credit Line to Boost Mining …
The initiative comes at a crucial time when suppliers in Zimbabwe's mining sector have struggled to access long-term financing. Last year, CBZ Bank reported that loans to the mining sector accounted for only 11% of total …
Small to Medium Enterprises Government-aided Financing in Zimbabwe…
Keywords. Financing • Government • Small to medium enterprises • Business • Growth • Development. Introduction. The financing of Small and Medium Enterprises (SMEs) in Zimbabwe has been a topic of keen interest among policy makers and economic activists seeking to be empowered and it gathered momentum in recent years because of the key role that SMEs play …
An Assessment of Risk Management Practices in Smes in Zimbabwe…
The decline in employment levels within the formal sector since year 2000 due to closures and retrenchments attributed to low capacity utilization has resulted in the SMEs sector assuming a greater prominence in providing a source of livelihood to many .There is, therefore, need to support and nature the growth of SMEs so as to contribute ...
Challenges faced by the mining sector in …
The study was conducted to determine the challenges facing effective implementation of sustainable supply chain management within mining sector in Zimbabwe.
Business Listings
SME Association of Zimbabwe . Growing start-up, small and medium sized enterprises into large corporations. Our mandate is to help start-ups, small and medium-sized businesses to grow into large corporations. We also work with large corporations, development agencies & partners, and other organisations interested in working with SMEs ...
The effect of debt financing on the financial …
performance of SMEs in Zimbabwe Wilbert Manyanga1*, James Kanyepe2, Lovemore Chikazhe3 and Tendai Manyanga4 Abstract ... industry because of difficulties in recovering loans (Karedza et al., 2014; Mazikana, 2021). 1.1. Research gap The recent literature on SMEs debt financing suggests that, until now, no tool has been provided to ...
FINSCOPE MICRO, SMALL AND MEDIUM ENTERPRISES …
*NB: Mining and quarrying (USD 3 million) and construction (USD 2 million) have higher turnover thresholds to determine enterprise size. This also applies to value of assets where the energy sector in addition to the mining and construction sector have higher thresholds of USD50,000 (micro), USD 1 million (small) and USD 2 million (medium).
Crisis, Mbingas and Artisanal Small-Scale Mining in …
While informal mining has created employment and sustained the livelihoods of millions of people in Zimbabwe, young people operating in the sector have also suffered numerous challenges …
Proparco Strengthens Support for SMEs in Zimbabwe
Together, these funds aim to support small and medium-sized enterprises (SMEs), especially in the agriculture sector. They will also focus on women-owned businesses and local companies involved in import and export. The USD 15 million credit facility from Proparco will be dedicated to SME exporters in Zimbabwe's agri-food sector.
Zimbabwe 2022
NB: Mining and quarrying (USD 3 million) and construction (USD 2 million) have higher turnover thresholds to determine enterprise size. This also applies to the value of assets where the energy sector in addition to the mining and construction sector have higher thresholds of USD50 000 (micro), USD 1 million (small) and USD 2 million (medium). 4
Mining sector opportunities for SMEs
This article will discuss mining sector opportunities for SMEs. With Zimbabwe's mining industry contributing about 9,5% of the economy's GDP and the sector set to experience modest growth of about 5.3% in 2018, small and medium …
(PDF) An Analysis of SMEs' Attitudes and Practices Toward Tax
The informal sector has become the major employer in Zimbabwe, but the sector is not contributing meaningfully to the treasury due to noncompliance on tax remittances by the operators.
Towards a formalised Artisanal and Small-scale Mining …
Noting the gap and how urgency safety and health issues are in the ASM sector, the Zimbabwe Environmental Law Association (ZELA) has partnered with the Zimbabwe Red …
Challenges faced by the mining sector in implementing sustainable
The mining sector in Zimbabwe discharges substantial amounts of effluents during mining and processing of minerals, particularly on the extraction of gold, coal, diamond and platinum through the use of cyanide, ammonium nitrate and mercury without intentionally mulling over its impact on the environment. ... 17, pp.11â€"22. 34. Scupola, A ...
Mining Companies Must Emulate PGM Miners in Supply …
In Zimbabwe's mining sector, there is a crucial opportunity for companies to reduce their reliance on imported goods by strengthening the local supply chain. ... This program supports a network of 23 local SMEs, which supply vital goods and services ranging from …
An assessment of the effect of inventory control systems on
1. Introduction. In Zimbabwe, the mining sector is one of the key drivers of the economy as it ranks among the top three contributors of Gross Domestic Product (GDP) (Zimbabwe Economic Report, Citation 2018).The Chamber of Mines of Zimbabwe (2015) highlights that the mining sector has become one of the important drivers of economic …
Share of economic sectors in GDP in Zimbabwe 2023
In 2023, the share of agriculture in Zimbabwe's gross domestic product was 4.11 percent, industry contributed approximately 26.3 percent and the services sector contributed about 62.41 percent ...
THE IMPACT OF INNOVATION ON MANUFACTURING …
Zimbabwe as many other economies is dominated by a large proportion of small and medium enterprises (SMEs). In the manufacturing sector alone, SMEs constituted 96.6 per cent (37,866) of the total number of establishment, contributed 35.0 per cent to total manufacturing output,
45 SMEs formalised in Bulawayo – Bulls n Bears
ONLY 45 small to medium enterprises (SMEs) were formalised in Bulawayo in 2022 amid calls to intensify engagements to support more informal businesses to formally register their operations. Following the closure of most established industries since the turn of the millennium due to reasons linked to sanctions imposed on Zimbabwe, SMEs have become a …
International Journal of Research and Innovation in …
mining sector of Zimbabwe. A quantitative survey approach was used and a sample of 203 mining companies was used for data analysis. Structural Equation Modelling (SEM) was run in Analysis for Moment Structures (AMOS) version 22 to test the formulated hypotheses. The findings of the study were that,
Leveraging on the Mining Sector for Economic …
The mining sector will be the centrepiece of our economic recovery and growth. It should generate growth spurts across sectors, reignite that economic miracle which must now happen…
Accounting Information and the Performance of SMEs in …
SMEs (Nyoni, 2014, Maunganidze, 2013 in Matamanda and Chidoko, 2017). In Zimbabwe, SMEs also play a significant role in economic and social development. Beyond creating jobs and fostering social stability, they are a hub for innovation; a birthplace of future industry and ways of doing business (Matamanada and Chidoko, 2017).
Impact of Microfinance on Small and Medium Enterprises in Zimbabwe: The
This research study sought to assess the impact of Microfinance on Small and Medium Enterprises (SMEs) in Zimbabwe.Data was collected from 105 randomly selected SMEs using the questionnaires ...
An Analysis of Factors Affecting Tax Compliance among …
Zimbabwe has experienced exacerbated growth of the informal sector as deindustrialisation has translated into loss of formal employment. These Small and Medium Enterprises (SMEs) have an obligation to pay tax but as a consequence most are not tax ... Majaka(2015) affirms that manufacturing and mining sectors shed 30100 jobs in 2014. Mtomba(2014 ...