HARMONISING & SYNCHRONISING THE ZIMBABWEAN ECONOMIC SPACE - FINANCIAL MARKETS INDABA, SANGANAI HLANGANI EXPO JUNE 2016
HARMONISING & SYNCHRONISING THE ZIMBABWEAN ECONOMIC SPACE - FINANCIAL MARKETS INDABA, SANGANAI HLANGANI EXPO JUNE 2016
Harmony, homogeneity and synchronicity are fundamental to the creation of effective plans and policies that result in desirable, envisaged positive results in a big multi sectoral economic space
Quite often entrepreneurs and potential investors are men and women with a good eye for economic opportunities, they see hidden economic potential and put their resources on the line in anticipation of positive returns on their investment albeit with a calculated level of risk. They are constantly on the lookout for new opportunities and they travel widely scouting for them. They are usually found at such places as the upcoming Financial Markets Indaba and the ongoing Sanganai Hlanganani Expo which we host once again at the ZITF our home of trade and exhibition in Bulawayo welcoming potential clients and business partners to collaborate, sell our brand and use their experience here to market our country as a viable business and tourism destination.
Investing entrepreneurs and venture capitalists are not necessarily experts in macroeconomics and international trade, however their internal thought processes and business acumen dictate that they always consider issues bordering on these subjects if their businesses are to enter new markets successfully and grow.
We therefore as an economy, a regional and global player, do our polices resonate and match the frequencies of regional and global economic activity and direction?
In that vein of thought we then introspect on our policies and their feasibility to homogenise with the regional and international trade system lest we miss out on opportunities created for all of us in the region and beyond.
Yes the potential clients and investors may come and behold the beauty of our beloved motherland with all her endowments and potential to generate significant business and returns for the investors in profits and revenue for our fiscus in taxes and relevant financial obligations, however their interest and appetite is directly proportional to the ease of doing business in our country and economic space. Are we all then all playing our part in our areas of interest to ensure that even at that level ease of doing business is realised without parking all the issues and problems at the doors of government?
The bureaucratic red tape and pillar to post processes characterising the formation of companies and successful registration with relevant authorities of particular industries must be brought to the barest minimum at least in comparison to regional competitors who naturally become an easier and more viable option for potential investors and partners.
We are strategically positioned geographically as a transportation and general logistical corridor in the region making us a significant player and partner to all economies which trade goods through our borders. This then speaks to our tariff regimes, are they the most viable and competitive? As much as we ought to optimise on duties and levies are we wary enough not to drive entities out of business by directly raising their input costs owing to these charges? Tax evasion and smuggling ought to be combated, competitive tariffs and levies in a way contribute to compliance and cooperation.
Our friends and partners in business visiting and participating at such events as the Sanganai Hlanganani Expo and Financial Markets Indaba need to feel safe and at home away from home in conducting business within our economic space. In that regard does our financial regulatory system instill confidence and protection of investor funds? Will they able to transact with ease and get value and good returns on their funds injected into our economy and financial system? If the banks charge significantly higher lending rates compared to competing economies would they also pay significantly higher interest rates to depositors?
Such are the questions we ask ourselves in order to get the most out of hosting such Expos to benefit our budding entrepreneurs and SMEs as well as big businesses
who all have a role to play in building this economy of the beloved motherland. Somebody goes further to ask, "Is Zimbabwe a contrarian bet?"
THE GOLDEN WORD FOUNTAIN - (T.G.W.F)
Harmony, homogeneity and synchronicity are fundamental to the creation of effective plans and policies that result in desirable, envisaged positive results in a big multi sectoral economic space
Quite often entrepreneurs and potential investors are men and women with a good eye for economic opportunities, they see hidden economic potential and put their resources on the line in anticipation of positive returns on their investment albeit with a calculated level of risk. They are constantly on the lookout for new opportunities and they travel widely scouting for them. They are usually found at such places as the upcoming Financial Markets Indaba and the ongoing Sanganai Hlanganani Expo which we host once again at the ZITF our home of trade and exhibition in Bulawayo welcoming potential clients and business partners to collaborate, sell our brand and use their experience here to market our country as a viable business and tourism destination.
Investing entrepreneurs and venture capitalists are not necessarily experts in macroeconomics and international trade, however their internal thought processes and business acumen dictate that they always consider issues bordering on these subjects if their businesses are to enter new markets successfully and grow.
We therefore as an economy, a regional and global player, do our polices resonate and match the frequencies of regional and global economic activity and direction?
In that vein of thought we then introspect on our policies and their feasibility to homogenise with the regional and international trade system lest we miss out on opportunities created for all of us in the region and beyond.
Yes the potential clients and investors may come and behold the beauty of our beloved motherland with all her endowments and potential to generate significant business and returns for the investors in profits and revenue for our fiscus in taxes and relevant financial obligations, however their interest and appetite is directly proportional to the ease of doing business in our country and economic space. Are we all then all playing our part in our areas of interest to ensure that even at that level ease of doing business is realised without parking all the issues and problems at the doors of government?
The bureaucratic red tape and pillar to post processes characterising the formation of companies and successful registration with relevant authorities of particular industries must be brought to the barest minimum at least in comparison to regional competitors who naturally become an easier and more viable option for potential investors and partners.
We are strategically positioned geographically as a transportation and general logistical corridor in the region making us a significant player and partner to all economies which trade goods through our borders. This then speaks to our tariff regimes, are they the most viable and competitive? As much as we ought to optimise on duties and levies are we wary enough not to drive entities out of business by directly raising their input costs owing to these charges? Tax evasion and smuggling ought to be combated, competitive tariffs and levies in a way contribute to compliance and cooperation.
Our friends and partners in business visiting and participating at such events as the Sanganai Hlanganani Expo and Financial Markets Indaba need to feel safe and at home away from home in conducting business within our economic space. In that regard does our financial regulatory system instill confidence and protection of investor funds? Will they able to transact with ease and get value and good returns on their funds injected into our economy and financial system? If the banks charge significantly higher lending rates compared to competing economies would they also pay significantly higher interest rates to depositors?
Such are the questions we ask ourselves in order to get the most out of hosting such Expos to benefit our budding entrepreneurs and SMEs as well as big businesses
who all have a role to play in building this economy of the beloved motherland. Somebody goes further to ask, "Is Zimbabwe a contrarian bet?"
THE GOLDEN WORD FOUNTAIN - (T.G.W.F)
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