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Diaspora Matters

Awesome Business Opportunities in Malawi

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Our forum has fallen in love with Malawi having conducted several entrepreneurship trainings in the Warm Heart of Africa. We are now a brand name in the country being known for delivering value for money entrepreneurship programmes. Through interactions with Malawian citizens, we have managed to observe opportunities on the ground which our members can tap into.

Why Malawi?

It has a fast growing middle income class

It’s the most hospitable country in Africa

Entrepreneurship is picking up in the country

Affordable cost of living

Hard working citizens

Which opportunities can you find in Malawi?

1.Fabrics-visit Roadport and check out fabric materials being transported to Malawi everyday
2. Fruits-buy from SA fruits like oranges and apples and sell in Malawi
3. Clothing-buy from China and sell in Malawi (Lilongwe, Blantyre, Mzuzu and Zomba)
4. Arts and crafts-train how to make hats, carpets or bags
5. Supply art and crafts supplies- carpet underlay from Harare or Home builders Warehouse in SA
6. Set up a maputi or freezit making business or distributor

7. Set up a fruit juice small plant (Plenty of fruits such as mangoes and tomatoes but not much oranges and apples
8. Start a poultry project (Some entrepreneurial minded Zimbos are farming crops for sale to EU markets)
9. White South African and Zimbabwean investors are investing along the shores of Lake Malawi.

What can you buy from Malawi?
1. Kilombero(Malawi Rice) Buy it for $20-$25 in Lilongwe per 50kg and sell it at US$3/kg in Harare, Joburg or Gaberone. There is unlimited potential for the rice.
2. Agriculture produce (Nyimo, Soya beans, Groundnuts and more)

3. Shoes (Check out with Trip trans bus-everyday it brings shoes and other products imported from a Chinese factory located in Limbe Industrial Sites)
4. Fruit Juices (Unexplored market where they cost 40 cents but resale value in Zim $2 and above)

Transport
It costs $25 to travel to Blantyre, buses found at Roadport and leave at 7:00am everyday
You leave at 7:00am and arrive in Blantyre at 6:00pm
Buses leave Blantyre everyday at 6:30am and arrive in Harare at 7:00pm
Taxi cabs in Blantyre cost roughly $5. Accomodation  ranges from $15 per night for the cheapest lodges up to $100 if you prefer better accommodation at hotels.
Accomodation in Blantyre cost approximately $30 per day but in Lilongwe it can be $40-$130
Buses from Blantyre to Lilongwe leave at 7:00pm everyday and cost $10 per trip.

*Get a yellow card if you have travelled to the developed world or Tanzania, Zambia or Angola. Follow instructions from bus conductors. Many first time travellers forget this important advice and find themselves in trouble!

Take note
For Kilombero rice, you need permits for transport and they generally cost $5-$10 
Malawi Immigration authorities search every bag, sometimes even purses.

Immigration officials at Nyamapanda have 2 sniffer dogs which check every bag coming into Zimbabwe, so do not be involved in drug trafficking.

Avoid changing money at borders, you can buy fake notes. Bus conductors will advise you on the best strategy for changing your money from USD to Kwacha or vice versa

Our forum is in the process of arranging a tour to Malawi and we will advise you of the dates.

Enjoy business in Malawi

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Diaspora Matters

Great Resource Book for SA Entrepreneurs

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We have excellent news for South African Entrepreneurs as we have produced probably the best resource book for entrepreneurs in South Africa. The book titled Business Opportunities for South Africans and is based on business opportunities and building of solid relationships in order to create sustainable business models.

What makes the book unique is that its based on various researches plus the experiences of over 1000 entrepreneurs. We have captured the experiences of entrepreneurs who are struggling in business, some assisting others in various aspects of business. We have included several success stories that will inspire those already in business or contemplating plunging into the treacherous entrepreneurship waters. Every chapter includes experiences and resources for entrepreneurs making it a great addition to the South African Entrepreneurship landscape. The book includes researches from trainings we have conducted in 9 provinces of South Africa and brings new insights and analysis to help inspire entrepreneurs across the Rainbow Nation. It will be available from the 14th of February 2019.

The book contains 13 chapters namely;

Chapter One: Proudly African

Chapter Two: Getting Started

Chapter Three: Fund Raising in South Africa

Chapter Four: Introduction to Digital Marketing

Chapter Five: Investment Resources and Options

Chapter Six: Mzantsi Entrepreneurs

Chapter Seven: Tourism Opportunities

Chapter Eight: Agriculture Opportunities

Chapter Nine: The Black Business Challenge

Chapter Ten: Youth Opportunities

Chapter Eleven: Women Entrepreneurs

Chapter Twelve: Risk Management

Chapter Thirteen: Soft Skills for Entrepreneurs

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Diaspora Matters

Career Advice for A Level Students

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Congratulations to all students who have done well in their A level exams. What next after A level? We cover the advice we have given to one of our members.

Career Guidance: From Inbox
Good day people A level results of my young brother Maths A Chemistry B, Physics D,what is the best program that he can study,and please if they are any scholarship that can assist him please help inbox

Response
Congrats to the young brother for doing well at A level. With 11 points its however a challenge to land scholarships. You can do more searches on the internet..check government websites and university websites for more information. Be careful of scammers especially those who ask you for funds upfront to process scholarships.

Local Options
The science world is ruling the world! Other fields are watching in disbelief as scientists take over everything! Lawyers are being disrupted by E-Law…Teaching by E-Education…The journalism school is counting losses from Social Media. Bankers are in trouble from E-Banking…In advanced countries they are even replacing humans with robots! In Japan they now have receptionists who are robots…

What are the driving factors?
The world moving at a faster pace…
Competition is stiff and if you dont innovate, you die.
Innovation in most cases means new technology…
Technology means…science subjects!
Technology is replacing traditional jobs…so more job losses.
Even in business, tech startups replacing traditional business power houses such as agriculture, oil and mining.
Agriculture is going tech…Technology is even replacing currencies through Bitcoins…very naughty!
Technology is accelerating globalisation. A company in Zim when sourcing products is now considering buying from China…we saw this during the election period…some had their campaign material sourced from China coz it was cheaper!

Technology is accelerating globalisation. A company in Zim when sourcing products is now considering buying from China…we saw this during the election period…some had their campaign material sourced from China coz it was cheaper!

What technological trends are shaping the future? They will impact the business landscape and rendering most fields obsolete…

He can go to local colleges and get degrees in medicine, engineering etc but local colleges are not moving fast enough in tandem with the rate of technological developments. So he needs to boost his employability chances by enrolling for foreign qualifications. Jobs may not be available by the time he graduates …so beef this up with entrepreneurship to give him more options.

So your starting point is understanding the direction the world is going and the skills that will be needed. The future is not in knowing obsolete technology like type writers. Research what else top colleges like Havard and Oxford are teaching and compare with local colleges and then plug the gap if one is to attend local colleges.

Hope this helps

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Diaspora Matters

Greetings from Beautiful Namibia

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So we found ourselves making one of our longest trips to Windhoek a week before 2018 Christmas, how did it go? Awesome -learnt a lot from the trip and we believe our 2019 book edition on opportunities will be richer.

Traffic between Zimbabwe and Namibia
Traffic is lower than Zambia-Zimbabwe, Mozambique-Zimbabwe and SA-Zimbabwe but higher  than Bots-Zim.
Traffic is mostly for Zimbos travelling to Namibia for holiday and business purposes.
Traffic from Namibia made up of Namibians going for holiday to Vic Falls, Namibians attending church seminars, Namibians going to college in Gweru and Bulawayo. Religion tourism tops the list with PHD and a pastor called Ndlovu with a leading branch network in Namibia.

Zimbos in Namibia
Mostly professionals who emigrated in the last decade working in government departments and the private sector. Of late the number of Zimbos heading to Namibia has been on a low side due to  recession in the country-no new work permit renewals for foreigners.

Zimbopreneurs

 Most street vendors in Namibia are from Zimbabwe. They work hard to bring products to  Namibia for sale. Some from SA, Zambia, China, Turkey and Dubai. There is an interesting trend of  Zimbos who source goods from Namibia and load them onto buses and resell them in Angola! We witnessed this in Lesotho…Zimbos buying goods from SA and selling them in Maseru, Mafeteng and other places in Lesotho. This is a special breed of cross borders…beautiful model that protects /hedges one from currency volatilities.

Our entrepreneurship skills on the good side are helping to empower locals to also venture into cross border business especially imports from China and Middle East. On a bad side…we are littering foreign streets. Credit goes to our comrades from Namibia, they have created room for Zimbos to thrive …one wonders what the situation would have been if thousands of Zimbos had not been given space to operate and thrive on foreign soil?

Namibia Economy
The Namibian Dollar is pegged 1:1 to the SA Rand and during the week we were there we witnessed a strike by  pharmacy assistants who graduated in 2017 and 2018 have not secured jobs. Student leaders were threatening strike action after a 5% across the board tuition fee increment. There is pressure for government to reduce the wage bill for the 100 000 strong civil service.

Stats
Its costs on average US$100 to travel to Namibia and you can get buses from Roadport, Intercape. Buses available on Tuesday evening and Thursday evening. Other kombis are also available near Roadport. You can also choose AirNamibia with return tickets ranging from $260-$300. Interestingly AirNamibia posted losses …looks like the air industry is a difficult field for AirZim,Air Namibia and SAA.

The cost of accommodation ranges from US$30 to US$150 per night. Monthly rentals N$4.000 to N$10.000.

Namibia can be termed a mini South Africa due to many SA companies with a presence there. It however ranks higher than SA as it is more peaceful, clean and friendly.

Business Opportunities
Diasporans
: Thinking of returning back after retirement? Namibia is a stable country for investment. The weather is great, low crime rates, stable economy and easy access to the region.

Arts and Crafts: Tourism is booming across the region and Namibia is not spared. Our arts and crafts already enjoy a good brand and dominates the landscape. Think in terms of buying and selling in bulk and also setting up schools and colleges for teaching.

Level 11 Cross Borders: Study imports into Namibia and then find how you can also participate in the importation. Do not forget cross borders who buy from China and Middle Est and bring the products for sale in Namibia. Study Zimbos and Namibians who buy goods from Nambia and export them to Angola..open new markets.

What can you buy for resale? Prices similar to RSA although distance can be a deterrent. Witnessed building materials such as paint being purchased. Business opportunities for vehicle transportation especially vehicle imports from UK and USA.

Our business
Connecting SADC entrepreneurs; We have achieved our objective of connecting SADC entrepreneurs from Lesotho, South Africa, Malawi, Botswana, Zambia and Zimbabwe. Our country is highly regarded in business circles due to hard work, integrity and innovation .Our objective of connecting regional entrepreneurs well on course. We trained them, inspired them, heard their stories and shared our experiences.

We are helping to set up various start-ups with entrepreneurs connected through e-platforms and sharing opportunity stories. We have done exceptionally well…been well received and we will start to profile stories of our successful graduates and members. The future is bright if Africans learn to work together and sharing information on opportunities.

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Diaspora Matters

Sponsoring the couple of the year

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Social Media in Zimbabwe is buzzing with a story of a young man who proposed marriage to his fiancee at an unusual place, Chicken Inn. The initial reaction has been to berate the young man for proposing at a place considered cheap.

The story ends with many people coming out in full support of the couple with many sponsorship deals for the couple. Our forum would also like to join the scramble for sponsorship of this couple and we are offering the following to them:

  1. Free 2019 ZBIN membership to ZBIN that allows them access to well researched articles, business plans and discounted trainings.
  2. Free 2019 Business Opportunities Book for Zimbabweans that carries a lot of entrepreneurship resources and includes a chapter for young people.The book is valued at $30.
  3. Free 2019 Business Opportunities Book for South Africans which has tonnes of resources on entrepreneurship resources and markets in South Africa and the region.The book is valued at $30.
  4. Free Digital Marketing Book for Zimbabweans plus a free Digital Marketing Training.
  5. Free Hat making course worth US$100 for the young lady.

If you know this couple kindly app our admin on +263774081808

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Diaspora Matters

Top Business Opportunities for Malawians in 2019

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The year is coming to an end and for most Malawians, business has been good.Malawi is slowly rising with new opportunities emerging in the Warm Heart of Africa. We have conducted several entrepreneurship trainings in Lilongwe and Blantyre giving us an opportunity to discuss business opportunities and below we list the top 10 opportunities to look forward in 2019.

  1. Agro-processing
  2. Real Estate
  3. Auto-parts
  4. Kilombero Regional Markets
  5. ICT
  6. Tourism
  7. Sourcing goods from China
  8. Alternative Energy
  9. Hat making
  10. Network Marketing opportunities

Agro-processing: Perhaps the biggest opportunity for Malawians. The country is expected to experience another great farming season but there are few people involved in processing raw agricultural products in order to produce processed oil, soap, cool drinks, fruit juices and icecream on a smaller scale. We encourage Malawian Nationals to visit Zim and assess our small scale agro-processing industry especially the machines available.

Real Estate: There is a real estate boom in Malawi. A lot of new suburbs are coming up with most of the opportunities grabbed by a few. We witnessed areas in Lilongwe which have developed in record speed. A lot of new commercial buildings coming up. Some peri-urban areas are being incorporated into urban areas.

Auto-parts: Have you witnessed the massive influx in Ex Japanese cars? Who is servicing these cars? Who is providing service kits? The number of cars is expected to continue to rise and creating opportunities for car service providers.

Kilombero Rice: There is a huge appetite for Malawi Rice across the region! Massive potential for innovative entrepreneurs who can push volumes beyond Malawi. Unbelievable interest in Zimbabwe and South Africa-sadly Malawians can only push less than 1% of the volumes required.

The ICT field is fast growing in the beautiful country creating opportunities for young entrepreneurs interested in selling ICT gadgets and services. The source of products is RSA and China.

Tourism has been on an upward trajectory over the past years. There is massive potential on tour packages, accomodation and other support services. Have you seen the number of new lodges being set up along Lake Malawi Shores? You need to carefully study the new developments along the lake and join too.

It looks promising in 2019 for Malawi and do not be left out of new opportunities. Our organisation has also been shaping the entrepreneurial landscape with a number of trainings on carpets and hat making. We return in 2019 with more trainings and researches.

A good number of entrepreneurs are visiting China in order to buy custom made goods and the book by Siku Nkhoma has helped many in the sourcing of goods online from China. The energy deficit is supposed to increase due to urbanisation and growth in the economy-so great opportunity for entrepreneurs interested in providing solar products and invertors.

So look around you, check trends, visit other countries, read entrepreneurship books and take advantage of opportunities in your country and beyond.

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Diaspora Matters

Ten Best Service Providers from Zimbabwe

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Despite the difficult operating environment, a number of service providers are providing excellent client service in Zimbabwe. Our forum conducted a survey of the 10 Best Service Providers in the country and the following companies came out top.

  1. Nyaradzo Funeral Services.
  2. ZOL
  3. Telecel
  4. TelOne.
  5. Steward Bank
  6. City of Bulawayo
  7. ZESA
  8. FBC Whatsapp platform
  9. Nyamapanda Border Post
  10. Safeguard Security

We would like to congratulate the above companies for a job well done in 2018. The following companies have room for improvement in 2019.

  1. Econet customer call centre
  2. VID
  3. Multichoice
  4. Passport Office
  5. City of Harare
  6. Air Zimbabwe
  7. POSB
  8. Chicken Inn
  9. Barclays Bank
  10. Ok Mbuya Nehanda branch

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Diaspora Matters

November 2018 Entrepreneurship Newsletter

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Here is our latest newsletter for the month of November 2018 for your reading pleasure. It covers some of the topical issues our forum has been discussing, our latest projects and general business advice from our members. The newsletter is for SADC countries such as Namibia, Malawi, Lesotho, Swaziland, Botswana, South Africa,Zambia and Zimbabwe

Happy Holidays

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Diaspora Matters

Top 10 Official Richest Zimbabweans

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Which business sectors have provided the top richest Zimbabweans? ICT, Mining, FMCG, Agriculture, Real Estate and Manufacturing. Which sector provided the fastest billionaire? It is the ICT through Strive Masiyiwa and this sector is likely to add more millionaires and billionaires-this is a global trend!

Below we feature the top 10 as compiled by Forbes.

Zimbabwe is a landlocked country located in the South African continent. The country is known for its diverse wildlife, national parks, forest reserves, safari, dramatic landscape, waterfall etc. Its capital is Harare which is the most populous and largest city of the country.

Zimbabwe has 16 official languages. The country has experienced the worst political and monetary crisis in the world history. But it is gradually recovering with recently having the $28 billion GDP. The economy of the country majorly depends on mining, agriculture and tourism sector. The country has the most lucrative mining sector as it has the world’s largest platinum reserves. The Marange field is the largest diamond producing field in the world. Zimbabwe is a country which is not only rich with natural resources but also has many billionaires. Here, let’s look at a few 10 richest people in Zimbabwe in 2018.

10. Charles Davy:

He was born in 1952. He owns around 1300 square miles of land by starting the business of hunting safaris. He did lot of hard work to earn the position in the world. His hunting business made him the wealthy man by the late 1990’s. His business provided employment to around 600 black families of an economically ruined country. Hi estimated worth is $540 million.

9. Ian Saunders:
He is currently the chairman of Falcon Gold Ltd. He is also the CEO of New Dawn Mining Corporation since 2008. He was born in 1968. He has more than 20 years of experience in the field of mining business. He has been among the board members of five major companies- New Dawn Mining being the most influential and powerful. His total worth is approximately $590 million.

Richest People In Zimbabwe

8. Michael Fowler:

He is a Zimbabwean entrepreneur. He founded the Innscor Africa limited along with the partner Zed Koudounaris. The business was started as a chicken shop which later converted into a large manufacturing and sale of FMCG Company. The business was also expanded globally from Zimbabwe to all over the world. His fortune is estimated to be $645 million. Along with his partner, he was also involved in the controversy of transferring the funds into overseas accounts.

7. Sam Levy Family:

Richest People In Zimbabwe

He was a Zimbabwean property developer and businessman best remembered for his construction of shopping mall “SAM LEVY’S VILLAGE” in Harare. He was a self made man. He is and was one of the richest people in Zimbabwe at the time of his death. He was born on 9 October, 1929. In the year 1960, he founded the Macey’s Stores limited- a supermarket group. He was majorly into super market businesses. He died from cancer on 5 June, 2012. After his death, he was honoured with a lifetime achievement award as one of the most influential and successful Zimbabwean entrepreneur. His total worth was said to be $677 million. After his death his elder son took over the business.

6. Ken Sharpe:Richest People In Zimbabwe

His real name is Kenneth Raydon Sharpe. He was born in 1973. He is the founder and chairman of West Group of companies. He started his career in 1990 by starting a confectionery business which later on becomes the West Group. His total worth is approximately $690 million. A miraculous incident happened with him- He met with an accident while doing skiing where his brain got 60% cavity and he has only 3% survival rate still he miraculously survived and woke up from coma on his daughter’s birthday.

5. Zed Koudounaris:

Zed is a Zimbabwean entrepreneur who co-founded the Innscor Africa Limited with Michael Fowler. His total fortune is estimated to be $734 million (£603 million).

4. Billy Rautenbach:

Richest People In Zimbabwe

The mega rich mogul, tycoon and financier made around $75 million in three weeks through some shady deals facilitated by the government of Mugabe in the year 2014. It shows how wealthy he will be. His total treasure is worth around $740 million (£608 million). Billy is mainly into the business of trucks, mining, car manufacturing, agriculture etc.

3. Nicholas Van Hoogstraten:

Richest People In Zimbabwe

He was born in 1945 in England. His treasure is worth $750 million (£616 million). He started his career at the age of 11 with selling the stamps from his personal collections to noted collectors. At the age of 17 he joined merchant navy only for a year. Later he started the property business. By the age of 28 he became the youngest millionaire of Britain. He immigrated to Zimbabwe and owned several businesses and more than 1600 square miles of land. He is also the owner of mines in the Democratic Republic of Congo.

 

 

2. John Arnold Bredenkamp:

Richest People In Zimbabwe

A former Zimbabwean rugby player and businessmen was born on 11 August, 1940. He was orphaned in childhood; from there on he worked very hard and after graduation joined a tobacco company. After working there for several years he later founded the Casalee Group of companies in Belgium. It was a leaf tobacco marketing company also involved in general trading and barter deals. As per “The Guardian”- Bredenkamp has an estimated worth of $793 million (£700 million) which he has earned from tobacco trading, diamond mining, and sports marketing in 2016.

1. Strive Masiyiwa:

Richest People In Zimbabwe

Born on 29 January, 1961 is a London based Zimbabwean entrepreneur and businessman who tops the list of being the richest person of Zimbabwe with an estimated worth of $860 million. He is the founder of the organization “Econet Wireless”. The company is an international telecommunications group with operations in more than 20 countries. He has been rewarded and recognised globally for his philanthropic activities and is considered as the biggest humanitarian and philanthropist of Zimbabwe. Over the last 20 years, his organisation has helped more than 100,000 African students by providing them scholarships.

 

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Diaspora Matters

App Group for Shipping Containers Formed

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One of the biggest costs you are likely to encounter when importing goods is shipping costs. With a lot of people importing goods from countries such as Turkey, China and Dubai, our forum realised that costs can be reduced drastically if importers pool their funds and import together.

Inorder to help local importers, we have created a community where people share import costs and monitor movement of their goods from abroad. There has been massive responses and interest from many small businesses and we believe this will go a long way in reducing costs and hurdles of importation of goods.

Interested? Then join our Facebook Page where you can find details on the group.

 

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