Some opportunities are hidden in language and with most of our members being English speakers, the risk is losing out on opportunities from Franch and Portuguese speaking countries.

Whenever a country undertakes privatisation, this is a big move which should not be ignored. Privatisation unlocks value with most entities doing well thereafter. We have witnessed this even in countries such as Zambia and Zimbabwe.

Now the second richest country in SADC is going through a privatisation programme and below we feature an article which may be of interest to you especially locals, foreigners and the diaspora.

Most companies to be privatised in Angola will be sold in 2020

14 August 2019| Angola

Angola’s Privatisation Programme (ProPriv) predicts that most of the 195 state-owned or partially state-owned companies will be divested by 2020, the Secretary of State for Finance and Treasury Vera Daves de Sousa, said on Tuesday in Luanda.

The coordinator of the technical group of the inter-ministerial national commission for the implementation of the Privatisation Programme, said that by the end of this year 80 companies would be covered, in 2020 it will be 91, 20 companies will be added in 2021 and the remaining four in 2022.

The outlined schedule shows that of the 32 national reference companies four will be sold in 2019, 18 in 2020, seven in 2021 and the final three in 2022.

The most well-known companies involved in this process are state oil company Sonangol, diamond company Endiama and airline TAAG, the BCI, BAI, BCGA and Banco Económico banks, as well as financial companies ENSA Seguros and the Angola Debt and Securities Exchange (Bodiva).

The programme also includes agro-industrial units Aldeia Nova and Biocom, textiles companies, Textang II, Satec and África Têxtil, cement plants Nova Cimangola and Secil do Lobito, as well as the Cuca, Eka and Ngola breweries and construction company Mota-Engil Angola.

The telecommunication companies that will be included in the Privatisation Programme are Unitel (in which MSTelecom has a 20% stake), MS Telecom itself, Net One, Multitel, Angola Telecom, TV Cabo Angola, Angola Cables, Angolan postal company ENCTA, Angola Comunicações e Sistemas (ACS) and telephone directory company ELTA.

Other companies listed for privatisation are Sonangol’s airline, Sonair, airport management company Sociedade de Gestão de Aeroportos and Sonangalp, a fuel distribution company that is 51% owned by Sonangol. (Macauhub)

Did you read our last book titled Business Opportunities for Zimbabweans? We covered plenty of opportunities including some researches and interviews. One of the opportunities we covered in the agriculture chapter was beekeeping. Look for the book and read on page 35. Below we feature one of the viral posts in our forums concerning beekeeping;

Yesterday l met a 24 year old guy at WINPAT in Harare opposite Gain Cash and Carry. He is from Buhera and graduated from Harare Polytechnic with a diploma in boiler making.

He was driving a fancy Lexus vehicle and he was buying turkey feed whilst I was buying de-worming tablets for my goats. In Harare he stays in Tynwald South where he built a house. Now here is a shocker…the youngster is only 24!

The transformation

It dawned upon the youngster that he had no relatives in the capital to offer him accommodation or financial support. He was on his own in the capital! Some of his peers were job hunting and some having turned to vending on the streets of Harare. Some had trekked to the diaspora.

What next?                                                                                     

The only last thing that came to his mind mashoko ababa vake ekuti simba rehove ririmumvura ( the power of a fish is in the water) meaning our roots kumusha, if we think fast ndokunobva financial freedom!

Tried to do fish farming but faced water challenges due to low rainfalls. Tried a hand on cattle rearing but there were no sufficient pastures. End of the road? Not really…

Then he attended a 1 day workshop on beekeeping costing US$5.00 and was empowered for life.

 So he headed to his rural home,  kwakucheka miti and mapuranga kwakugadzira mikoko 50 and kwakuuya kuHarare kwakutenga maold pallets kwakunogadzira mikoko.

He now has 300 beehives and all he did was to buy wax or namo yekuisa mumikoko  and as we speak he literally has thousands! Hold on- thousands? Yes he has bees working for him lol

Harvesting

Harvesting takes place every 2,5 months or 4 times per year.

Each beehive gives him 40 litres of honey but he can only harvest half and leaving the remainder.

Each beehive therefore gives him 80 litres of honey.

Wholesale price of honey ranges from US$2-US$5.00.

Do the maths

His revenue is a minimum of US$160 per beehive to a maximum of US$400 per year.

Now do the rest of the maths on how much revenue he gets per annum!

Future Plans

Does it now maketh business sense why he managed to build a home in the capital at such a tender age? At what age did you build your first home?

The business does not require much labour unlike other business ventures and the youngster has plans to go fully commercial and increase the number of beehives to 1000. Who says rural areas are outposts of poverty?

We end by quoting a leading entrepreneur from Kadoma, Mr Low who says;

Financial freedom haineyi nekuita degree it’s just basic education and common sense!