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We have always emphasised the importance of planning and why you should know all planned big  events in the country. You should know on your fingure tips and  have a plan  of how to benefit.  We started with elections that coming next year and explored various businesses you can explore such as printing of posters and tshirts. Some politicians could be thinking of using technology such as short videos or setting up websites. So good opportunities out there although you have to exercise due caution  and ensure that you get money upfront or risk doing work for nothing! We also gave you a heads up in relation to HIFA and hope that most of you managed to secure commercial places at this popular entertainment and arts  festival.

So what do we have to share with our members this week? We have 2 basic investment options. The first one relates to small scale investment targeting sporting and entertainment  events. I was at the National Sports Stadium last Sunday and witnessed brisk business for people selling food during half time. The happy Makepekepe fans bought all the food that was available!  Caps United will host more big matches at the venue and i can guarantee you that there will be big business-people buy food and will continue doing so even during economic difficuties. The soccer season will be opening in the coming weeks, more sporting events should be coming through out the year. Plan on your calendar all the key events and make a plan of how you can take advantage of these events.

The second investment idea relates to the Harare-Mutare Highway. Its the second time we are discussing this-traffic has increased and this is due to the refurbishment of the road. Its now Mutare ne carpet instead of Masvingo ne carpet. A lot of long  distance trucks are now using this route and we are not sure why-perhaps the use of Beira Port for importation of goods? Or the preference on use of the road over the rail system? ZBIN will be travelling to Beira to find out why within the next 3 months and we hope to get to the bottom of the issue. What is however good is that new opportunities exist on the highway and one such opportunity is the establishment of trucking inn-one morden one which can compete with the few that exist on this highway. Travellers along the Harare-Beitbridge Highway should be aware of  the Mvumba Stopover-the nice stop over where travellers park their vehicles or buses  to rest and purchase food. Mutare -Harare needs one such place as the existing place is not doing justice to the business opportunities that exist along the highway. From Harare expect no meaningful stopover till you reach Mutare.

So there you are 2 opportunities for you. Remember that you should not just plunge into an investment before due diligence-do carry out enough studies before deciding to invest. You can even search on our website sample business plans to help you in investment decisions.

 

Muito Obrigado

 

 

 

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Victor Muchemwa

The author Victor Muchemwa

Victor Muchemwa is a Chartered Management Accountant, ACMA, CGMA and an award winning business coach and consultant. Author of 5 books and skilled in financial analysis, strategic planning, risk management, and business coaching. Contact +263 773 055 063
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