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Small business growth: How to court investors

“Investor wanted. Small mining business. Great potential for growth.”— Advertisements like this one are common in the Business Opportunities classifieds section of daily newspapers these days. There comes a time in most successful businesses when the need arises for outside funding. Some owners avert that need by maintaining their businesses at small levels. One research study revealed that the vast …

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Sponsor own projects!

Potato farmers in Troutbeck in Nyanga always encounter serious problems when it comes to transporting their produce to the market.

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Emotional Intelligence In Managing Finances

Emotional Intelligence In Managing Finances by Tafirenyika Makunike on Ngoda Business Blog Zimbabwe

By Tafirenyika Makunike WHEN I went to school in Zimbabwe years ago, we always related intelligence to getting higher grades and we thought it was a direct function of IQ. I first bumped into Emotional Intelligence through Daniel Goleman, the author of the best-selling book “Emotional Intelligence: Why it Can Matter More Than IQ” a couple years ago. I was …

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Setting financial goals, and chasing them

by Tafirenyika Makunike ONE of the greatest opportunities conferred by the silly season we have entered now is the opportunity to think. The soft music, the goodwill messages of Christmas and the great outdoors create a fertile ambiance for productive thinking. As Zimbabweans, it is important that we make a transition from just an educated community to a ‘thinking and …

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The rise and rise of Mudavanhu

By Arthur Choga A young man running 15km, across two furious rivers, while clutching an old brown sugar packet packed with plain boiled dry maize in the freezing Gokwe winter, is an image one might not easily call to mind when faced with Samuel Mudavanhu, the group chief executive officer of Develop-It Zimbabwebabwe, a multi-million-dollar wholly indigenous entity. When Mudavanhu …

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Firm launches US$500 000 SMEs fund

The Herald Zwe -Business Reporter OXLINK Capital, a local micro-finance institution, has launched a US$500 000 small to medium enterprises fund that will be accessed by traders and businesses operating formally. Speaking to the Herald Business, Oxlink Capital general manager Mrs Rudo Makandwa said the fund was part of her company’s response to the needs of business. She said the …

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Peanut butter making in Zimbabwebabwe

Fadzavanhu Enterprises — Zimbabwebabwe   Meet Esnat Yosa, Memory Chawira, Lucy Chikoani and Roster Ziko, the ladies of Fadzavanhu Enterprises – a women’s co-operative group in Chitungwiza, a satellite town of the Zimbabwebabwean capital Harare – who have been able to improve their families’ quality of living by making peanut butter. Theirs is just one of the successful and sustainable …

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Unlocking smallholder farmers’ potential

Herald Zwe – By Johnson Siamachira THE dairy industry in Zimbabwebabwe, despite some successful experiments in the 1980s with small holder farmers in the Eastern Highlands, was largely the preserve of large-scale commercial farmers. The industry tended, more than most commercial farming operations, to consolidate around a fairly small group of very big producers. Smaller independent producers were squeezed out …

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The Funding Challenge – Zimbabwebabwe Entrepreneurial Infrastructure Series

Africans and Zimbabwebabweans have been involved in business transactions for centuries somehow they have been overtaken by the rest of the world in terms of building successful businesses. This trend can be reversed through careful steps aimed at promoting and supporting entrepreneurship. When starting a business family support is critical for success. If married then spousal support is critical for …

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Financial Lessons From The Eagle

by Tafirenyika Makunike THINGS in our lives change not from just wishing they do. Neither do they change because we have written them down. They will not change because they have been legislated for. Your current financial situation will only change when you move from desiring, wishing and dreaming to doing something. There is something precariously dangerous about comfort. It …

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