Growth projected at 1.7% from 0.6% estimated in 2016

Agriculture and Mining to drive overall growth with sector growth of 12% and 0.9% respectively

Inflation projected at 1.1%, from a negative of 1.5% in 2016

Total expenditures projected at $4.1 billion

Financing Gap of $400m

Government wage bill takes $3.0 billion in 2017

Capital Expenditure amounts to $520 million or 3.6% of GDP

Trade Deficit of $1.5 billion compared to $1.985 in 2016

Debt Stock of $11,2 billion as at 31 October 2016, which is 79% of GDP

Good morning ZBIN Investors, so as promised-every Saturday is Diaspora Investment Day and we will cover at least one business idea targeting the Diaspora Community. This morning we  tackle a simple business idea-Vending Machines!

There are few operational vending machines in Zimbabwe and I really do not know why. There is great potential in pushing volumes for products such as soft drinks, ice creams, potato crisps, maputi or mahewu. The list of products that can be sold is endless but we do not know why we are ignoring this business idea.

Imagine 15 vending machines at Fourth Street Bus Terminus, 10 at Copacabana, 5 at Avondale Shopping Centre, 5 at Longchen, 5 at Machipisa Shopping Centre, 4 at Sam Levy, 3 at Hunyani – Lake Chivero, 10 at the National Sports Stadium.

How many sales can you push through this business venture? Now if this succeeds in Harare then you can cascade the business venture to other cities. Location challenges? Don’t worry about location, you can also mobile vending machines as shown below.

So where can you buy these machines? Do watch out for our part 2 or join our newsletter where I will provide members with detailed opportunities about this venture, the costs involved and where to purchase them.