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Guruve District is set to launch its inaugural Small and Medium Enterprises (SME) networking breakfast on November 1 where key players from Zimbabwe’s SME development ecosystem will aim to cultivate a vibrant atmosphere for networking and growth.
The event, which will be co-hosted by the Guruve Rural District Council (RDC) will also feature the Zimbabwe Chamber of SMEs, the Indigenous Advisory Practitioners Association of Zimbabwe (IAPAZ), and the country’s largest microfinance institution, MoneyMart Finance.
This initiative to spread to rural areas builds on the success of popular meetings, referred to as breakfasts held in Harare which aim to support SMEs by promoting networking, collaboration, and innovation.
Guruve RDC Acting chief executive officer, Mr. Munyengetero Maposa expressed enthusiasm for the event and said plans are afoot for it to become a monthly occurrence.
“This is our first business breakfast, and we’re thrilled with the support from various stakeholders in the SME development ecosystem.
“Our goal is to connect our SMEs with suppliers, bankers, micro-lenders, policymakers, and development partners, fostering a culture of collaboration. We will also showcase investment opportunities available in the district,” he said.
Maposa stressed the importance of promoting Domestic Direct Investment (DDI) alongside Foreign Direct Investment (FDI), emphasizing the need for a balanced approach to strengthen the local economy.
IAPAZ President, Nyasha Gonese commended the growing interest in networking breakfasts from other Rural District Councils.
“We are excited by the response. More than 13 RDCs have reached out to us to co-host similar platforms.
“I extend my gratitude to the Guruve District Council, led by Chairperson Councillor Mandaza, and the ZCSMEs Apex and provincial leadership for their commitment to this initiative,” he said.
Ms. Liberty Chinembiri, Head of Marketing at MoneyMart Finance, emphasized the importance of tailored financial support for the SME sector.
“It’s no longer just about motivational speaking—SMEs need funding. Financial institutions must customize their products to meet the unique needs of this market, which is now a key driver of Zimbabwe’s economy.
“Preparing SMEs for competitiveness is crucial, especially with the African Continental Free Trade Area (AfCFTA) soon becoming fully operational,” she said.
Among the distinguished guests at the event is Dr. Kudzanai Vere, a renowned entrepreneur and business coach with over 20 years of experience and having trained more than 5,000 entrepreneurs across Africa.
Dr. Vere will share his invaluable insights aimed at empowering rural SMEs and his presence is set to inspire local business owners.
Celebrated entrepreneur, Dr. Tinashe Manzungu, whose success story is poised to motivate delegates, will provide crucial lessons for local entrepreneurs eager to scale their ventures.