BUSINESS TENDENCY SURVEY REPORT

MANUFACTURING AND MINING SECTORS BUSINESS TENDENCY SURVEY: 1st QUARTER 2023 REPORT For more information contact: Zimbabwe National Statistics Agency P.O. Box CY 342 Causeway, Harare Zimbabwe Telephone: 263-242-706681/8 or 263-242-703971/7 Email: [email protected] Website: www. zimstat.co.zw

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DETERMINANTS OF TAX COMPLIANCE BY SMALL …

In Zimbabwe, SMEs represent over 95% of enterprises that generate ... with those operating in the mining, agriculture and engineering industries forming 6.3% each.

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THE IMPORTANCE OF RECORD KEEPING TO THE …

registered SMEs in Zimbabwe, controlling 65 percent of the total corporate purchasing power (Machipisa, 1998). Most of the SMEs were unregistered mainly ... than later mining will be flooded with ...

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An Analysis of Factors Affecting Tax Compliance among SME's In Zimbabwe …

However, non-tax compliance among SMEs in Zimbabwe is very high. This study was conducted on SMEs in Bulawayo, Gweru and Harare Central Business Districts (CBDs) to establish and rank the factors that encourage non-compliance with tax obligation by SMEs in accordance with the Zimbabwe Tax Regime. The findings were presented in terms of factor ...

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Mining Companies Must Emulate PGM Miners in …

In Zimbabwe's mining sector, there is a crucial opportunity for companies to reduce their reliance on imported goods by strengthening the local supply chain. ... This program supports a network of 23 local SMEs, which …

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Crisis, Mbingas and Artisanal Small-Scale Mining in …

To begin with, the Mines and Minerals Act, which governs all mining activity in the country, allows all Zimbabweans to apply for mining permits, so ideally, every Zimba- bwean can participate in …

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PhD in Logistics and Supply Chain Management …

The effect of debt financing on the financial performance of SMEs in Zimbabwe. Article. Full-text available ... The study population was comprised of four authorized diamond mining companies in ...

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Impact of Microfinance on Small and Medium Enterprises in Zimbabwe: The

Jeremiah (2014) assessed the impact of Microfinance on Small and Medium Enterprises (SMEs) in Zimbabwe. Data was collected from 105 randomly selected SMEs using the questionnaires. ...

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The impact of debt financing on financial performance of mining …

Abstract. According to Manson, McCartney & Sherer (2017) it is necessary to adopt debt financing if the organization is financial distressed. Despite embarking on debt financing to boost their financial performance, mining firms such Dallaglio investments are faced with challenges which are centred on losses and misuse of funds.

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Comprehensive Guide to Small-Scale Mining in Zimbabwe: …

Small-scale mining in Zimbabwe has become a crucial sector in mineral production, contributing significantly to the country's economy. This comprehensive guide …

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SME Association of Zimbabwe

Welcome to the SME Association of Zimbabwe website. Our mandate is to help start-ups, small and medium-sized businesses to grow into large corporations. We also work with large corporations, development agencies & partners, and other organisations interested in working with SMEs (affiliates). For consumers/customers, our business directory and ...

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(PDF) Export Performance of SMEs in the Rwandan Mining …

This study investigates the export performance of SMEs in the Rwandan mining sector. Specifically, it ascertains if Rwandan mining SMEs set annual export targets; investigates the strategies that they follow to achieve these targets; assesses the extent to which set export targets have been achieved; finds out the barriers that affect SMEs' operations with regard to …

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A Critical Analysis of the Tax Systems on Artisanal Miners …

She also wrote that artisanal mining form part of the small and medium enterprises (SMEs). Presently, the SMEs sector constitutes of 60 percent of Zimbabwe's labour force and also …

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The Impact of Small to Medium Enterprises to the …

The results of this study revealed that SMEs are playing a positive and significant role for the economic progress of Zimbabwe, fundamental role in foreign exchange earnings and GDP of Zimbabwe. The present study further suggested that SMEs are also providing job opportunities in the country and have a major contribution in export sub-sector of ...

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ENHANCING THE EXPORT PERFORMANCE OF THE SMEs …

Yan (2010) and Zindiye (2008) argue that SMEs in Zimbabwe lack the necessary skills and knowledge to scan and carry out feasibility studies thereby, working in contrast with the environment leading to their failure. Furthermore, customer focus is viewed as ... mining, construction and agriculture. Of the aforementioned, manufacturing is the key ...

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Challenges faced by the mining sector in implementing sustainable

The mining sector in Zimbabwe discharges substantial amounts of effluents during mining and processing of minerals, particularly on the extraction of gold, coal, diamond and platinum through the use of cyanide, ammonium nitrate and mercury without intentionally mulling over its impact on the environment. ... 17, pp.11â€"22. 34. Scupola, A ...

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Leveraging on the Mining Sector for Economic …

The mining sector will be the centrepiece of our economic recovery and growth. It should generate growth spurts across sectors, reignite that economic miracle which must now happen…

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Liquid Intelligent Technologies | Transforming Zimbabwe's …

By introducing private networks, smart sensors, and IoT devices, mining houses in Zimbabwe can monitor operations, detect hazards, and enhance communication, thereby …

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Why SMEs in Zimbabwe fail

Similarly, some people without a mining background have poured their hard-earned savings into artisanal mining ventures and have come out with nothing. Poor control systems. SMEs that do not have control systems in place are likely to fold because they do not have control over the organisation's operations.

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SMEs Key to Lifting Zimbabwe Economy

In Zimbabwe, SMEs contributed $8.58 billion to the country's GDP in 2016 and employed more than 5.9 million people (over 75% of the total workforce of 7.8 million), Bulawayo24 reported.

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(PDF) Building an Effective Framework for Small-to-Medium …

This paper examines the SME policy landscape in Zimbabwe, looking at the prospects and challenges of the SMEs sector. It places particular accent on the role of SMEs policy evaluation in ensuring ...

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Empowerment, Investments and Community Wellbeing: …

This WRF-AfricaMaVal Report explores the intricate dynamics of the artisanal and small-scale mining sector in Zimbabwe, focusing on the experiences and insights of ASM miners gathered …

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An Analysis of SMEs' Attitudes and Practices Toward Tax Compliance …

The unofficial unemployment level in Zimbabwe has been pegged at more than 87% and as a result of job losses, about 5.4 million Zimbabweans are employed in the informal sector (Mhlanga, 2012).The informal sector has become the major employer in the country but the majority of these concerns are not registered for tax and other purposes.

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Zimbabwe 2022

Zimbabwe Zambia Malawi Zimbabwe 2022 20 years of making ˜nancial markets work for the poor. Partnering for MSME development ... This also applies to the value of assets where the energy sector in addition to the mining and construction sector have higher thresholds of USD50 000 (micro), USD 1 million (small) and USD 2 million (medium). 4 ...

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ASM leads to the development of industrial linkage through …

The emergence of the artisanal and small-scale mining (ASM) sector has led to the development of industrial linkages through small to medium enterprises (SMEs) which have …

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Critical Issues in SMEs and Innovation in contemporary Zimbabwe…

This article examines critical issues in the deployment innovation in facilitating SME activities in the Zimbabwean economy.The study focuses on key elements that affect the acceptance and ...

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Revitalising Zim's mining sector: Addressing

The Zimbabwe Investment Development Agency (Zida) said the vast mineral deposits in Zimbabwe, including lithium and gold, present a unique opportunity for both local and international investors.

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A Cloud mining model for SMEs in E-commerce in Zimbabwe …

Cloud mining is an important research topic in the field of data mining and knowledge discovery. Due to the fact that a number of organizations have opted for cloud storage, it is important to use ...

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The impact of debt financing on financial performance of mining …

Access to credit facilities remains a major challenge for SMEs in Zimbabwe and other developing countries, with short and medium-term interest rates ranging from 50 to 55 percent annually (Karedza ...

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The effect of debt financing on the financial …

remains a major challenge for SMEs in Zimbabwe and other developing countries, with short and medium-term interest rates ranging from 50 to 55 percent annually (Karedza et al., 2014). SMEs that have access to credit have become trapped in a credit cycle, while others have left the industry because of difficulties in recovering loans (Karedza et ...

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A Cloud mining model for SMEs in E-commerce in Zimbabwe

A Cloud mining model for SMEs in E-commerce in Zimbabwe. 1 Tatenda D Kavu, 2 Paidamoyo Mastara, 3 Luckson Phiri, 4 Bethany Jari. Abstract — Cloud mining is an important research topic in the field of data mining and knowledge discovery. Due to the fact that a number of organizations have opted for cloud storage, it is important to use ...

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Small to Medium Enterprises Government-aided Financing in Zimbabwe…

Keywords. Financing • Government • Small to medium enterprises • Business • Growth • Development. Introduction. The financing of Small and Medium Enterprises (SMEs) in Zimbabwe has been a topic of keen interest among policy makers and economic activists seeking to be empowered and it gathered momentum in recent years because of the key role that SMEs play …

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