Analysis Victor Nyoni THE 2019 Monetary Policy Statement (MPS) announced by the Reserve Bank of Zimbabwe (RBZ) last week has generated a lot of positive debate, especially considering that the monetary authority dumped the 1:1 exchange rate parity between the US dollar and bond notes. While this is encouraging for a start, more needs […]
German expert tips Zim SMEs
Small-to-medium enterprises (SMEs) are now regarded as key economic drivers in Zimbabwe following the collapse of the formal sector.
Standardbusiness reporter, Mthandazo Nyoni (MN), had an interview with Claus Munkwitz (CM), a Senior Experten Service (SES) expert from Germany who was invited by the Association for Business in Zimbabwe (Abuz) last week to give a short address on the importance of SMEs to the growth of economies. Below are excerpts from the interview
Mr Claus Munkwitz
WHAT IS ABUZ?
ABUZ is a registered mutual support business association that was formed in Bulawayo in 2004 to look after the interests of those in business of all types in Zimbabwe; commercial, industrial, mining, professional or agricultural; registered companies, partnerships or individuals. Though currently situated in Bulawayo, it intends to establish branches throughout Zimbabwe. We currently have a membership of 135 Companies (5 Listed on the ZSE).
RECENT NEWS & UPDATES
11 September 2018 Chronicle Business Editor INDUSTRY executives have expressed readiness to work with the new Cabinet to transform the economy and applauded President Emmerson Mnangagwa for appointing competent personnel. The economy is set to be the biggest winner after Friday’s Cabinet announcement, business leaders said, adding that now was the time for […]
by Sunday News Online Prince Sunduzani, Business Reporter THE newly appointed Zimbabwe Special Economic Zones Authority (Zimseza) chief executive officer, Mr Edwin Kondo, should hit the ground running and expedite implementation of the SEZs model to steer industry revival and enhance economic growth, Bulawayo Provincial Affairs Minister, Angeline Masuku, has said. Mr Kondo, a […]