The Zimbabwe Chamber of SMEs is set to introduce a US$2 million electronic membership platform, aimed at serving as a comprehensive database to facilitate the formalization and strategic positioning of the sector in line with the nation’s goal of achieving upper-middle-income status by 2030. Developed in collaboration with local advisory firm Alinial Chartered Accountants Private Limited, this initiative is expected to enhance the utilization of small businesses’ capacity.
Amidst the significant number of unregistered small businesses, estimated at 4.5 million, the introduction of this electronic membership platform holds promise in boosting national economic growth by providing crucial data to inform policy interventions and improve operational efficiency within the sector. The forthcoming Zimbabwe Chamber of SMEs strategic conference, scheduled to take place in Chiredzi, will mark the official launch of this platform, which is anticipated to revolutionize the operations of micro, small, and medium enterprises (MSMEs) in the country.
The platform, which doubles as a live database for MSMEs, aims to capture essential membership details for the vast number of small businesses across Zimbabwe.
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Mr. Venancio Kurauone, the national secretary-general of the Zimbabwe Chamber of SMEs, expressed confidence in the platform’s ability to unlock opportunities for MSMEs and facilitate informed policy interventions by the government and other stakeholders.
Acknowledging President Mnangagwa’s commitment to leveraging technology to enhance efficiency and promote inclusive economic growth, the chamber is grateful for the supportive environment provided for MSMEs to thrive. With an ambitious goal of formalizing at least 5 million MSMEs by 2030, the chamber aims to address identified gaps and challenges hindering the sector’s formalization agenda.
The strategic conference in Chiredzi seeks to foster collaboration among stakeholders and enhance institutional capacity within the chamber to represent and develop MSMEs as sustainable businesses.
