Diaspora Matters

When it comes to farming, most think of access to farms. If you have no access to farming land then no benefit from agriculture right? Well not right-land is not everything! You can still make money from agriculture without access to land. All you need is innovation and be tech savvy and below we show you ow other young entrepreneurs are doing it. Yes you can make loads of money from agriculture if you change the way you think and view opportunities.

As population growth increases the need to ramp up food production, tech startups are creating a range of agricultural software, services, farming techniques, and more aimed at bringing more data and efficiency to the sector

The breakdown of categories is as follows:

• Farm Management Software: This includes software like that produced by Andreessen Horowitz-backed Granularthat allows farmers to more efficiently manage their resources, crop production, farm animals, etc.
• Precision Agriculture and Predictive Data Analytics: These startups include those that focus on using big data and predictive analytics to address farm-related issues and make better farm-related decisions in order to save energy, increase efficiency, optimize herbicide and pesticide application (such as Prospera, which uses machine vision and artificial intelligence), and manage risk, among other uses.
• Sensors: Startups in the sensor category include Arable, which offers smart sensors that collect data and help farmers monitor crop health, weather, and soil quality.
• Animal Data: These companies provide software and hardware specifically aimed at better understanding livestock, from breeding patterns (Connecterra).
• Robotics and Drones: This category includes drone companies and related drone services that cater to agricultural needs as well as robots or intelligent farm machines that perform various farm functions more efficiently.
• Smart Irrigation: These startups, including Hortau, provide systems that help monitor and automate water usage for farms using various data exhausts.
• Next Gen Farms: A growing category of companies that utilize technology to provide alternative farming methods to enable farming in locations and settings that cannot support traditional farming
• Marketplaces: These startups offer marketplaces relevant to agriculture by connecting farmers directly to suppliers or consumers without any middlemen. While some are e-commerce platforms, others use tech to facilitate physical marketplaces).
• Plant Data/Analysis: These startups are getting more granular data about plant composition (microbial makeup, genetic expression, etc.) and/or analyzing that data to improve seed research & development and breeding .

Some companies may overlap with different categories and are grouped according to their main use case.

Reports of an attempted kidnap of a form one pupil at a top Harare School are worrisome. So a form one pupil can be kidnapped at school? Now this is scary and we thank the Almighty that the pupil managed foil the kidnap and reported the case to school authorities. The school has since tightened security controls and we share with you the story because this can  happen at your own school. We have decided to tackle an important area which many businesses take for granted-Risk Management.

We start by asking ourselves what can go wrong at a school? What are the greatest risks that can affect a school?
1. Kidnapping or pupils going missing
2. Sexual Abuse.
4. Injury to pupils
5. Disease Outbreaks
6. Disastrous pass rates

The list is long and every school must always ensure that they monitor risks . It is a fast changing world and especially and the availability of social media accelerates the rate of change and in the process the nature of risks are fast changing as well. A number of our members operate schools and they need to be fully aware of risks affecting them and have effective risk management systems in place. Its needs to be noted that you cannot eliminate risks…rather you can only reduce them or transfer them and not completely reduce them to zero.

How the attempted kidnap events unfolded 

An identified man goes to the school and immediately identifies a form one pupil. He tells her that he had been send by her dad to collect her from school. He mentions the name of the kid and also the dad’s name.

The kid confused, asks what has happened to her dad? The man says he is running late and has overtime issues to deal with. The pupil further asks about her mum and the man replies that her mum has gone out of town.

Still confused, the kid probes further and asks the man where her dad works? The man does not answer convincingly and upon realizing this, the kid tells the man that she is going to report him to the school security.

The unidentified man then dashes out of the school yard and disappears into thin air. Later on it turns out that this was an attempted kidnap…the father of the pupil had not send anyone to collect his child.

Implication

1.This can happen to your own kid-sensitize your kid about this danger.

2. What if the kidnapper was a relative? Now that scary because the kid could easily have trusted the relative and vanish without trace.

3. How did the alleged kidnapper get to know about the name of the kid? Are you sharing more than necessary information about your kids on Social Media? Posting photos of your kids and their names on your Facebook Profiles and Whatsapp’s? You may need to revise this, not everyone lurking on the Internet has good intentions.

4. Schools should integrate risk management in their operations. Effective risk management means involving all stakeholders from pupils, parents or guardians and relevant ministry officials. They should come up with a risk strategy of how they will manage, monitor and take corrective action. This is an ongoing process as risks are forever changing.

5. Do schools have sufficient personnel for risk management? Probably not as most schools employ low level bursars with little experience on risk management. A look at most school bursar positions adverts will show that they need someone with a Diploma or first degree in Accounting to manage school finances…..these bursars concentrate their business on transactional processing and reporting and rarely do they opportunities to implement strategic risk management issues. Risk management is therefore left to school heads without training or experience on risk management.

Recommendation and Conclusion.

Take risk management seriously at schools, a number of things can go wrong and the worst that can happen is loss of a pupil within school premises. The school is liable, parents are liable, the ministry is liable…everyone is liable.

Recruit competent School Development Associations. Check the qualifications and experience of the bursar.Is he or she a qualified accountant? What is his or her experience on auditing and risk management?

Schools want to cut on costs and employ bursars who do not demand a lot of money. A cost cutting measure that can cost the school dearly.

Does your school have a risk management in place? Have you seen it? Or even a basic risk register? Does it include or all risks? Were you involved in the crafting of the strategy? Did they ask for your input or did you volunteer to offer input?

Its scary isnt it? The good thing is that you have seen this ZBIN write up, kindly share and also take corrective action. This applies to the pre-school where you send your kid, applies to primary schools and what is shocking is that high schools are not spared.

Take corrective action and help save pupils at schools. This story features in our book on investment opportunities for Zimbabweans under investment in schools.

We gave you the highly successful disruptive technology carpet making course which took Botswana,Malawi, Lesotho, Swaziland, Zimbabwe and South Africa by storm. Thousands of women were empowered  and we are proud that the program designed in Monavale Harare managed to make such as huge impact! The programme includes desiring carpets using own hands and we added business training to the course which ensured that trainees appreciated Digital Marketing and fundraising for their projects. Several companies have chipped in thereby ensuring that many women get free training. The programme that started in July last year and launched in Harare in August before cascading it to the whole region is coming to an end at the end of next month. Once decommissioned, in comes another programme-designing fancy homes, offices, schools or churches using old ship containers.

Do follow the forum and wait for the Munemo Containers programme targetting South Africa and Namibia where a lot of containers exist due to their proximity to the sea ports. More details to come within the next 3 weeks.

The sharing economy is an economic model often defined as a peer-to-peer (P2P) based activity of acquiring, providing or sharing access to goods and services that are facilitated by a community based on-line platform.

Breaking Down ‘Sharing Economy’

Communities of people have shared the use of assets for thousands of years, but the advent of the Internet – and its use of big data – has made it easier for asset owners and those seeking to use those assets to find each other. This sort of dynamic can also be referred to as the shareconomy, collaborative consumption, collaborative economy, or peer economy.

Sharing economies allow individuals and groups to make money from underused assets. In this way, physical assets are shared as services. Take for instance car sharing services like Lyft and Uber. According to data provided by the Brookings Institute, private vehicles go unused for 95% of their lifetime. The same report detailed Airbnb’s cost advantage over the hotel space as homeowners make use of spare bedrooms. Airbnb rates were reported to be between 30-60% cheaper than hotel rates around the world.

The Sharing Economy is Evolving

The sharing economy has evolved over the past few years where it now serves as an all-encompassing term that refers to a host of on-line economic transactions that may even include business to business (B2B) interactions. Other platforms that have joined the sharing economy include:

• Co-working Platforms – Companies that provide shared open work spaces for freelancers, entrepreneurs, and work-from-home employees in major metropolitan areas.
• Peer-to-Peer Lending Platforms – Companies that allow for individuals to lend money to other individuals at rates cheaper than those offered through traditional credit lending entities.
• Fashion Platforms – Sites that allow for individuals to sell or rent their clothes.
• Freelancing Platforms – Sites that offer to match freelance workers across a wide spectrum ranging from traditional freelance work to services traditionally reserved to handymen.

Spurred primarily with the growth of Uber and Airbnb, it is expected that the sharing economy will grow from $14 billion in 2014 to a forecasted $335 billion by 2025.

Where does Zimbabwe stand when it comes to Sharing Economy?

We are still some years or probably a decade behind before we embrace this new economy. This new economy is likely to be adopted by young people or returning diasporans. The economy needs to improve first and help to expand the market. The adoption of new technology has generally taken time unless there are get rich quick opportunities like discredited MMM. ZBIN will be exploring the sharing economy avenue in 2018, we do not expect to make a huge impact but to make some small footprint that will be the bedrock of successful launches in future by enterprising entrepreneurs. This is why we are  encouraging lose networking within the community and already our Whatsapp platform with more than 8,000 networked members is a good model which will slowly evolve towards shared economy.

Volunteers

We are going to be holding induction meetings this week for some of our volunteers. They come from diverse backgrounds such as  law, finance, business management and ICT. We encourage members to sign up and help the SME sector. In the process you build your profile which will help you in future.  The SME sector is the biggest business sector in Zimbabwe and employs the largest number of people. The ZBIN community is  strategically  placed to tap into opportunities that exist in the sector and we do this through effective use of digital platforms. One interesting insight is that there are no big name brands for the service sectors such as Company Registrations, Finance, Marketing, Human Resources, ICT, Legal and Tax. There are many scattered consultants but no one can be termed a well known Marketing Guru who specialises with the SME sector. Noone can claim to be the leading brand when it comes to developing ICT needs of the SME sector. Therefore golden chance presented to you to do work on a part-time basis and build you brand. This applies to all members-local and diaspora.

Yearly Membership Registration

Do not forget to renew your membership registration which has been pegged at $10 inorder to be affordable. Members have first preference when it comes opportunities on the forum. They benefit from special market surveys, get training and conference discounts. They join any of the ZBIN groups and are guaranteed of full year tenure on the groups. The biggest advantage has to be the ZBIN 2018 Investment Opportunities book worth more than $50 but coming at more than 50% discount to registered members. Get in touch with our Adminstration Assistant, Felicity Chipato on our landline +2634339454 for more registration details.

What are Western Ambassadors saying?

Keep following what Western Ambassadors are saying about Zimbabwe especially the investment climate. To date we can say so far so good especially if we follow what the EU ambassador has said about engaging the government of Zimbabwe and restoring economic ties. The British Ambassador appeared in the Standard today and the song is that of re-engagement for the better of Zimbabweans. The world wants a prosperous Zimbabwe but we have to prove the first test and that is walking the talk in terms of ease of doing business reforms and also conducting free and credible elections later during the year.

For African entrepreneurs, the future is technology driven! For progress we have to look ahead, study current and  future  political, economic, environmental,  social and  technological patterns. The world is changing at a very fast rate creating endless opportunities and risk at the same time. A case in mind is that of Facebook which did not exist in 2013 but is now worth $500 billion and its value is expected to keep rising! The future is therefore technologically driven and countries and citizens therefore need to regularly assess how they are faring when it comes to technology adoption and use.

If the majority of farmers in your country are still doing subsistence farming using manual labour and looking for markets physically then there is a big problem. If we are still relying on rainfall for agriculture then we are still behind and need to catch up fast. Some have already heard of Bitcoins or Crypto currencies-this is a new term and the majority of us are still confused of what exactly this Bitcoin is. Who controls is, how does it get value,who is the owner of it? Whilst wee are still confused, advanced nations are moving ahead with its adoption and use. So for every African Entrepreneur, the key to competitive advantage is through technology! Ensure that technology is a key part of your business. Find ways of automating a lot of your key activities for instance how do you reach out to customers? Do you wait for customers to come to your business and buy? Consider E-Commerce-it is veryfast and efficient, expands your reach beyond your geographical location and customers can buy goods or services 24 hours a day!  Or are you a Non Governmental Organization that carries out capacity building by holding conferences-hiring expensive hotels and inviting participants to come and learn under classroom conditions? Use technology to your advantage-conduct trainings through webinars, create a website where you file training material, create digital training material and send videos and audios, engage participants online and file training material for reference purposes. It is more efficient this way than the traditional model of classroom capacity building

So even when applying for grants from Western Donors, if you fail to include how you will use technology in your grant applications, then your chances of success are likely to be limited. A look at the Kwese Tv competition should show that the eventual winners will need to have included how they will use technology to advance their businesses.

Important Technology Skills for Entrepreneurs

• Be curious-follow technological developments in your field
• Join business forums where they talk of technology
• Follow leading tech savvy business people like Strive Masiyiwa
• Follow leading business forums such as ZBIN, we have a deliberate policy on technology adoption and use
• Read Academic journals-there are a lot that can be found online
• Your business strategy should be anchored on technology-constantly review operations
• Benchmark your operations-if you operate a clothing store in Malawi then study how clothing stores in USA or UK are doing, how can you match their standards at less cost?

If technology is too expensive -worry not, prices will eventually go down and in some cases, disruptive technology maybe on the way.

Below we feature some of the key trends in technology and they should guide you in terms of business strategies. To remain manual is no longer a viable option for entrepreneurs! The information is coming from the Readiness for the Future of Production Report 2018 which is also attached for your download.

Asses how you country, Company, CEO,Pastor, Lecturer or local MP ranks in terms of knowledge of the trends below:

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We are almost through with our 2018 investment opportunities book compilation. A hands on book that helps entrepreneurs with crucial information on investment opportunities in Southern Africa with a focus on Zimbabwe. We will cover our entrepreneurial journey featuring Lesotho, Swaziland, Malawi, South Africa, Botswana, Mozambique, Namibia, Zambia and Zimbabwe. It is a ‘living book’ which covers some of the  top inspiring stories from entrepreneurs from Southern Africa. It covers investment on a macro level, has a section on key trends to follow in 2018 and beyond, it features key skills entrepreneurs need to embrace in 2018 and beyond, an analysis of businesses  that have thrived over the past few years helps entrepreneurs to appreciate the operating environment. Key investment opportunities include Agriculture, Mining, Services Sector, Tourism, ICT, Manufacturing, Real Estate, Transport and others. You get interviews from other entrepreneurs and there are sections on Women owned businesses, Youth owned businesses and we have not forgotten opportunities in rural areas.

Important book for entrepreneurs with no capital but interested in starting business ventures, it is crucial for diasporans interested in relocating back and covers practical issues on relocation and interviews fro others who have successfully relocated. The book is not complete without mentioning source of funds, where to get funding, various options for getting funding and interviews with some who have obtained funding. This should be the business book of the year for Southern Africa. The 250 page book will be available for sale on-line next month, so keep checking the website for your own copy.

Below we feature one of the key topics covered in our book-Agriculture and there is a subsection on Growing Potatoes.

Sweet Potatoes are generally an easy crop to farm due to their low capital intensity and applicability on small tracts of land. There are two broad categories of sweet Potatoes which are as follows:
• The staple type with white flesh and white or purple skin has a high starch and dry matter content.
• The desert flesh and orange skin with a high sugar and beta-carotene content.
Commonly three distinct types of sweet potato available for commercial production include.
1) Orange/ copper skin with orange flesh e.g Beauregard, Hernandez,Beerwah Gold, NC-3, LO-323, Centennial, Darby and Jewel. Zimbabwean orange cultivators such as Beauregard have long, cylindrical to heavy elliptic tubers. They have high beta-carotene content and are fairly quick growers. It may become too big with long growing period.
2) White/cream skin with white/cream flesh colour, has a high yield and a good storage life. It can produce good yield in a relatively short growing period (4months) which is important for cold regions. It produces some long, curved sweet potatoes, especially in sandy soils.
3) Red/Purple skin with cream white flesh e.g : Northern Star, Red Abundance, Rojo Blanco.
Kodow is a very attractive and tasty cultivator when cooked also with a pointed oval tuber. Its tips break of very easily. It requires growing periods of 5 months to produce a good yield.
Selection of a variety to grow should be based on market demand. Varieties are assessed on a number of parameters, including root shape and uniformity, marketable yield, skin and flesh attractiveness and plant vigour.

Climatic requirements:
Temperature
Because sweet potatoes are of a tropical origin, they adapt well to warm climates and grow best during summer. Sweet potatoes are cold sensitive and should not be planted until a danger of frost is past. The optimum temperature to achieve the best growth of sweet potatoes is between 21 and 29 degrees, although they can tolerate low temperatures as low as 18 degree Celsius and as high as 3 degrees Celsius. Storage roots are sensitive to changes in soil temperatures, depending on the stage of root development.

Soil Requirements

Site selection and soil
A well-drained sandy loam is preferred and heavy clay soils should be avoided as they can retard root development, resulting in growth cracks and poor root shape. Lighter soils are more easily washed from the roots at harvest time. Wet season green manure crop with sterile forage sorghum is recommended and should be thoroughly incorporated and decomposed by planting time. Soil pH should be adjusted to about 6,0 by applying lime or dolomite. Rates of 240kg and 400 kg/ha respectively will raise the pH by 0.1 of a unit. The soil should be deep ripped and then disk cultivate to break up any large clods and provide loose soil for hilling of beds. A yearly soil test is recommended to assess soil properties, pH and nutrients levels before ground preparation.

Propagation
Sweet Potatoes are propagated from sprouts or from slips (vine cuttings); sprouts are preferred. Sprouts are grown from plant stock selected for its appearance, freedom from disease and off-types. Approximately 75kg of planting stock sweet potatoes are needed to produce enough sprouts to plant one hectare.

Cutting collection
Tip cuttings of about 30 to 40 cm long with approximately eight nodes are collected from the nursery bed, or the last established planting. Tip cutting should be taken from crops that are old enough to provide material without excessive damage. Avoid “back cuts” as these will have variable maturity and result in significant yield reduction. The lower leaves should be cut away as tearing these off may damage the nodes that will produce the roots. Cuttings can be left under a moist cloth in the shade for a couple of days to promote nodal rooting before planting in the field. At the recommended plant spacing, 330 cuttings are required for a 100m row.

Seedbed production of cuttings
This involves the propagation of cuttings from harvested roots which are placed together in a seedbed. This is an alternative method of producing plant material which requires less labour but does sacrifice a percentage of marketable roots.

Planting cuttings

Cuttings should be planted at an about 45 degrees angle into heaps as this promotes good, even root development. Half of the cutting or three to four nodes should be buried at a spacing of 30cm between plants. Mechanical planters are available and used on a large scale planting but manual planting is widely practiced. This can be as easy as pushing the cutting into the heap with a forked stick. The labour requirement for hand planting is estimated a 32h/ha. Cuttings need to be watered at or immediately after planting. Plantings should be scheduled to allow for progressive fortnightly harvest over the desired production period.

Sprout Production
Sprouts are produced from the conditioned roots in cold frames, heated beds, or field beds of clean sand or fumigated sandy soils. Conditioned roots are covered by more soil sand, though not too much. Four o five weeks are needed to develop strong plants if the soil in the plant has been kept at 23 to 26 degree Celsius. Six to eight weeks may be needed if roots have not been “pre conditioned” Adequate moisture is especially critical to germination of the sprouts and proper root formation on the sprouts.

Panting the sprouts
Sprouts should be taken from the plant beds when 6 to 10 leaves and a strong root system have developed on each one. They are set out into the field as early as possible when the soil has warmed and the risk of frost or a cold weather period has passed. Plants should be spaced 30-38 cm apart in rows that are 1m apart. This requires approximately 14 520 plants per hectare. Management of water is critical to avoid transplant shock.

Soil Preparation
Bed Formation
Sweet potato is grown on raised beds or mounds. This provides the developing roots with loose, friable soil to expand to their potential size and shape without restriction. It allows adequate drainage and provides easy harvesting with a mechanical digger. Mounds should be approximately 30 cm high and 40 cm wide at the base. The main consideration is that developing roots remain under the soil within the heaps. If using a mechanical digger at harvest time it is important to match width of the mound with the width of the digger mouth. Spacing the mounds at 1.5 to 2.0m apart (depending on the tractor width) with a roadway every six rows allows access for boom spray. Mounds are formed using hilling disks, and the base fertiliser can be incorporated during this operation.

Planting period
Planting time is mainly determined by the climate of a location. Sweet potato plants are damaged by light frost and the plants require high temperatures for a period of 4-5 months to yield well. In areas with mild frost, mid-November to mid-December is the best time to plant, and usually the crops get ready for harvest from April to May. Mid November to be the beginning of December is recommended areas with heavy frost and with, harvesting taking place from April to May. It’s common to plant from January to March in frost free areas so that the growing season extends through winter. Cold spells during winter can be a risk depending on the climate of the specific area. In very hot areas, planting should be avoided from November to middle of February as storage root formation is reduced by high temperatures.

Spacing
Optimum plant density on cultivar, but is usually around 40 000 plants per hectare. Rows may vary from 1 to 1.25m apart, in row spacing is usually 25 to 30 cm.

Seeding rate
The number of cuttings required to plant 1ha varies between 30000 and 60000, depending on the specific spacing used.

Fertilisation
The recommended fertiliser rate for sweet potato is based on the crop removal figures. Research (Nutrition monitoring trial, 1992) has shown that this recommendation will produce high yields when used in conjunction with yearly soil nutrient testing and petiole sap nutrient monitoring. Estimated crop removal in KG per ha is:
• 100 kg Nitrogen (N)
• 90 kg Phosphorus (P)
• 200 Kg Potassium (K)
• 200kg Calcium (Ca)
All the phosphorous may be applied in the basal along with 50kg of N and 50kg of K. The remaining 50kg N and 150kg K should be devided into two side dressing at 4 to 6 weeks and at at 10 to twelve weeks from planting. Some calcium will be supplied by the lime or dolomite used to adjust the soil pH and any additional calcium will be supplied by the lime or dolomite used to adjust the soil pH, and any additional calcium may be applied in the basal gypsum. Petiole sap nutrient monitoring is advisable so that the desired nutrient levels for different growth phases can be checked. Any trace elements deficiency would be detected by regular petiole testing, but generally two foliar applications around the time of side dressing should maintain adequate levels. Sprays should include zinc, copper, manganese, iron and boron. A comprehensive 5:15:12 compound fertiliser can cater for the nutrient requirements.

Markets

Export: According to Zimtrade there  is huge potential for exports  to Europe. Demand for sweet potatoes increased by 177% from 2012 to 2016 with figures increasing from $107m to $297 m in  the European  region. With Zimbabwe set to improve economic ties with Europe, this is a great investment opportunity we need to consider for 2018 and beyond. Other countries in Southern Africa should consider exporting opportunities too. According to trademap, Zimbabwe has not exported any sweet potatoes since 2012. The demand for sweet potatoes is largely driven by their  medicinal values and to a lesser extent as food.

Local markets:

According to FAO, 64,127 tonnes of sweet potatoes were produced in 2016  and they are valued at $2million. Sweet potatoes are becoming an important part of diets for rural and urban households. In
urban areas, it is estimated that between 1-7 kg of sweet potatoes are consumed per capita while rural households consume between 3-5 kg of sweet potatoes per capita (Zimbabwe National Vulnerability Assessment Committee,2004). About 11% of sweet potatoes produced in rural areas are consumed in urban areas of the country,thus contributing to household nutrition.The increased demand for sweet potatoes in the country is mainly attributed to the high cost of processed starch foods, such as bread and other confectionery products.

One of the must have skills in 2018 for every entrepreneur is Digital Marketing. Digital marketing expands your market outreach and thereby creating endless opportunities.We therefore urge all of our members and followers to embrace Digital Marketing so that you can sell goods and products to any part of South Africa and beyond. When we conducted carpet rugs making in Durban, we were pleasantly surprised to hear of entrepreneurs selling arts and crafts to overseas clients. This is how it should be-Africans should sell their products and services across the oceans!

Below we feature some of the top business ideas and Opportunities for South Africans and this comes with credit to mytopbusinessideas.

Being a rapidly growing country, the demand for land, houses and other facilities by individuals and businesses is booming. And this makes the real estate sector one of the most lucrative aspects of the South African economy. If you have little capital, you can start dealing in low cost land and housing units. And if your capital is on the high side, you can invest in large expanses of land as well as housing estates.

2. Clothing and textiles

South Africa’s clothing and textile industry is another very lucrative sector. The demand for South Africa-made clothing and textile products is high not only in South Africa, but also in neighboring countries. So, if you have what it takes to break into the textile market, then you can make lots of profit in the long term.

Although there are quite a number of processed food manufacturers in South Africa, the huge demands are still yet to be met. So, there is enough room for new investors in the food processing industry. You have a wide range of products to choose from; fruits and vegetables, juices, animal products, and so on.

4. Agriculture

South Africa has a wide expanse of land that can be utilized for agriculture. With huge demand for agricultural products and adequate workforce, new investors can easily start a business in the agriculture sector. Depending on your capital, you can start on a small scale or on a large scale. With a low capital, you can cultivate selected crops on a small piece of land or rear animals such as fishes or poultry. But if you have larger capital, you can cultivate a wide range of crops and rear animals as well.

5. E-commerce

South Africans are now feeling more comfortable with buying their needed products and services online. So, online retail stores in South Africa are now enjoying more patronage. And chances are you will make lots of profit by starting an online retail business. Even if you are on a low budget, you can start with just one product category and expand from there.

6. Foreign cuisine

So, there is huge profit potential in a restaurant business that offers various foreign cuisines such as Italian delicacies, Chinese delicacies, American delicacies, and so on. In addition, you can still offer local delicacies to cater to South Africans as well.

7. Online marketing

Many South African businesses are trying to establish and improve their online visibility as a way of attracting customers through the internet. In fact, businesses are setting aside a sizeable fraction of their marketing budget for online marketing alone.

This creates huge opportunities for online marketing experts such as SEO consultants, website designers, copywriters, and social media managers. If you have a good background in any aspect of online marketing, you can start a business and make money from your skills and expertise.

8. Freelance writing

In order to cut cost, many individuals and businesses in developed countries like the US and the UK now hire freelance writers from other countries. But South Africa tops the list of their preferred countries because the country is widely regarded as a native English-speaking country.

So, if you have good writing skills, you can make a lot of money by working as a freelance writer for clients from all over the world. Writing assignments you will handle include blog post writing, article writing, press release writing, proposal writing, newsletter writing, copywriting, and so on.

9. Technology products

South Africa is one of Africa’s largest markets for technology products such as PCs, smartphones, and tablet computers. Since these devices are in huge demand in South Africa, new investors can make lots of profit by selling the latest products by global brands such as Apple, Samsung, Sony, and so on. In addition to selling technology products, you can sell their accessories as well. And if you have the expertise, you can render repair services, too.

10. Tourism

South Africa hosts thousands of visitors every year. These people come from various parts of the world to behold South Africa’s rich cultural heritage, beautiful sceneries, lush landscapes, and so on. A smart business move is to offer services that cater to tourists, such as working as a tourist guide.

Rabbit rearing is a profitable business venture, rabbits grow very fast and the market potential is huge. The major challenge in rabbit farming is that of scattered farmers who are not able to supply big orders on a constant basis. As a result few retail shops or hotels are willing to do business with individual rabbit farmers. To solve this problem, ZBIN has partnered with rabbit farmers to form one large company that supplies rabbits to leading retail shops and hotels. More details of this company will be shared in future-for now we share with you a book on rabbit nutrition and feeding.

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ZBIN has members everywhere-from  cities, rural areas, growth points or even diaspora! In 2018 we are going to deliberately cover rural and peri- urban areas. These are the areas which hardly get coverage and yet more than 70% of the population lives there. When it comes to numbers, rural areas do come out top in Zimbabwe. We kick start the process of featuring Mr Gondai Mlambo

Who is Mr Mlambo?

Iam  an upcoming business person, a holder of a bachelor of technology honours degree in Process Engineering plus a partial Diploma in Marketing.

Tell us about your company
Gematechno Investments (pvt) Ltd is the name of the company we are professionals in Industrial Chemicals,Food Additives,pharmaceuticals, Vertinary Products,Agro based chemicals,Packaging & Allied items.

How did the entrepreneurship journey begin?

I started on a very small scale as vendor & distributor or stockist or agent of other manufacturing.
companies.

How many people do you employ?
The company is still in infant stage with myself as the Director and other 5 employees.

Tell us more about Checheche
Checheche is a growth point in Chipinge District under the supervision of Chipinge Town council in Chipinge South Constituency .It is growing rapidly but however  still lacks infrastructure development and the hope is that solving this challenge will unlock plenty of business opportunities at the centre.

Top 5 business Opportunities at Checheche
Agro-processing , Printing, Furniture making , Poultry and Animal feed and Buying and selling clothes

Your understanding of Digital Marketing
Digital marketing is fundamental to business ‘s success in today ‘s modern era of engagement marketing,promoting brands ,products & services online ,social media platforms such as Facebook,twitter,LinkedIn, Whatsapp etc.

Top challenges faced by entrepreneurs at Checheche

1. lack of funding from banks and other financial institutions.

2. Price distortions in the market.

3. Lack of access to foreign currency

Any export activity?
At the moment we are no exporting anything, Iam planning to do so but the challenge is how to get the export licence.

Commercial banks at Checheche
In Checheche we have got 3 banks only
– CBZ Checheche
– Agribank Checheche
– POSB Checheche
_ Some Econet Ecocash Agents

Business Plans for 2018

I am aiming higher and need to grow beyond borders in 2018 & also to satisfy the local market .

Business Role Models

My business Role models are the following
-Startup BiZ Zimbabwe
-ZBIN
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Message for the Ministry responsible for SMEs

The ministry should set up satellite offices in each and every district to monitor and facilitate funding and other non financial assistance to SMEs. The ministry should not concentrate on big and established SMES only but have a deliberate policy to assist up and coming entrepreneurs.