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The pure gold ore found in the mine on a stone floor

If I were to be asked to pen the last post on the forum what would be the final 2 words? GET LICENCES. It does not matter from where—get into the habit of applying for licences whenever they are issued.

  • Hunting Permits and Licences
  • Gold Trading Licences
  • Import and Export Licences
  • Telecommunication licences
  • Drones operating licences
  • Bureau De Change licences
  • Television and Radio Operators Licences
  • Fintech licences

Of course this is not part of the school curriculum and yet this is where most of the opportunities lie.

But do most people follow the issuance of licences? They hardly do so but later regret when licence holders begin to enjoy the benefits. The official wealthiest Zimbabwean who is Strive Masiyiwa got most of his wealth from accessing mobile telecommunication licences—Mascom, Econet and others.

Of course the issuance of big licences is shrouded in mystery and controversy, but there are some small licences issued out but later morph into big opportunities.

And the first rule of accessing licences is following the news—what is the government planning? What are the key issues they are grappling with? What are they constantly talking about? What is contained in strategies such as the NDS 1 and 2? You need to follow government gazettes and closely monitor what is posted.

The RBZ Sandbox is a new opportunity welcoming innovations in financial inclusion and payment systems. Already we have Innbucks and Access Forex as recent approved initiatives and judging by performance todate—Innbucks to overtake some local banks and yet established recently.

So good folks, do not be left out, find ways to tap into licences issuances and who knows where it will get you?

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Ntate Victor

The author Ntate Victor

Ntate Victor is a Chartered Management Accountant, ACMA, CGMA and an award winning business coach and consultant. Author of 6 books and skilled in financial analysis, strategic planning, risk management, and business coaching. Contact +263 773 055 063