I'm glad you are coming to terms with the reality of Zimbabwe. Last time I said something in the comments you all came mukandiseka mukati idzi hadzizivi zvadzotaura. The truth of the matter is zims economy is not conducive for starting a business even if you know your tread. Chiuyai henyu mundishaudhe
If I did that it’s probably because of how you put across your comment. I am always happy to learn and listen but I don’t have patience for rude and disrespectful people.
@@sitekrafter it's not being rude or disrespect but the thing is I also did a lot of things until I gave up. What you can do in zim is to feed your family but won't grow your business that big without a bit of corruption as someone said in the comments here. I'm glad tho that you are being honest about all your experiences but sometimes for someone like me who has done most of these hustles I sometimes see that you have not yet seen the reality of Zim. I have tried farming, furniture, car machanics painting upholstery, advertising you name it but you'll only manage to make just enough to feed your family. The thing is people in zim don't have money for luxury so if you are not selling food or accommodation you are not making money and becouse people know that everyone is now doing that such that you'll still not making money becouse we are all eating in the same plate
@@sitekrafter I have a good business idea.Let me know if you want to be part my team tirove mari pazim. Zvekurima and nezvekuchengeta huku zvawandirwa hazvichaita these days.
Being content is what we aspire to accomplish. Regardless, l am relocating back home 🇬🇧 🇿🇼 . Retirement home, back garden with vegetables and tomatoes and mealie meal. I'm good
I am a South African, and I followed your journey, at times out of curiosity, but also to learn. Your enthusiasm and patriotic fervour is contagious. I have a BSc in Agriculture, but never used it; because farming is a noble idea, however practice is very hard. No one will get rich in farming unless they are hugely subsidised by the state, even in Europe, it is a protected trade, due to its huge costs of overheads and inputs. It's also prone to disasters and weather patterns. That's why our white farmers were also subsidised by the apartheid state. Now, our government will give you a small tractor, a plough and bag of seeds, and say 'go farm'. As I speak, fields, that were once green under crops, lay fallow, new farmers ran. I still want to have a plot of land, bought cash, to just retire and do subsistence farming. My dream of being a farmer in these conditions is nil. I still admire your positive vibes and lets-do-it attitude. Salute
from your comment i can tell you really know your stuff, im from Botswana, i dropped out of a Bsc in agric, then went to business management. i also want a plot, like 5 to 20 hectares. in botswana the industry is also captured by big people but not as much as you guys, because there is so many things here that we are only now thinking of growing. and with cattle farming we sell the cattle at good prices to the gov abattoir which slaughters and exports the beef, so we dont worry of were we will sell our cattle. i suggest you try to save up and eventually do high value crops like blueberries or ginger, that could be possible on a 5 hectare.
I am in Zimbabwe on the ground I do not work or own a business in Zimbabwe . What I did is grew my capital and I own shops in Australia I have good managers now I live 6 months zim 6 months Australia I earn 4000 month USD enough to enjoy and I don’t have stress my advice is don’t do business in Zimbabwe try get a business going abroad cut your losses l
Never give up but continue in small capacity correcting mistakes and making strategies, slowly you will become bigger and better though experience because when you stop and need to start again you are going to face new challenges that are total different .
To every Zimbabwean thinkin gof starting a business in Zimbabwe. Take it from me. Someone who has been there done that. If you are starting a business in zimbabwe, you must make a budget for failure. because the chances are very high that you will fail. And after your failure, if you survive, then you can go for round 2 where you build the business again based on lessons learned. If you expect to come and start your business and boom, you are successful, you obviously do not know zimbabwe 😀.... I was in that group too. I grew up in Zim and after 20 years away, i thought I could return and start a business a be rich instantly 😀... Boy was it a learning curve
I left for 8 years, came back and thought the streets of Harare were lined with gold. 😂 Now I'm sitting at home holding my marbles and thinking how to start a business that can actually work. It's a very tough place to do business, but I think outside of Harare is where there are opportunities not abundant but more.
You talk sense my brother and very inspiring. I am in the States ,with all the potential or resources but finding it hard to start a farming business in Zimbabwe
professionalism hauivane mu Zimbabwe vanhu vari panguva yekutora mari chete. its really really hard to find a true gentleman or someone who is legit. Munhu paanenge akatokutarisa akutofunga kuti okutorera sei mari yaunayo muhomwe. pressure iri kuvhiringa most businesses like what you are saying. CHICKENS vabhaiza alot, you went into the business without the full knowledge or experience but ey ndokutodzidza kwacho by the end of the day. in Zimbabwe kuvhara nekuvharana mari ichitenderera.
You could buy a small piece of land and start small and build your way up. Once you get lands you can start small farming, gardening and gradually start buying the equipment that you need until you get everything. Then buy your chickens.
You are one rare breed amongst Zimbabweans. You share knowledge to all of us without any attachments and obligations. You resonate very well with "Vanopa ruzivo havana humbimbindoga" , a verse from one of Jah Prayzah's songs. If there were many of you around, we could be lightyears developed and self sustaining as a nation. One thing, your content is very very relatable, you have first hand information. One of our own is telling it like it is. I keep coming back to your videos to learn. Keep it going!!!
Why's this a surprise? In 44 years since independence, there was only rule of law in the first 10. As soon as Lancaster House was past there was one party rule (effectively one tribe) and near total corruption, incompetence, nepotism, obstinacy and almost unbelievable stupidity. All the worse because it was foreseen and entirely preventable. Pamberi ne jongwe... 😢
Thanks for sharing your experience. Just listening to your whole video, I think the title should be "Starting a business...." not "doing business..." because you are basically describing barrier to entry, which is one of the biggest challenges for most startups. It's difficult to access loans in Zim compared to developed countries.
I think starting out , think on the micro scale. Start actually making money. Some money atleast. Don't think big money, think about building your spider web. Think $1 then $10 then $100, then $1000 then $10,000 the. $100,00 then $1,000,000. Once your web of incoming money streams is working you can grow. Zimbabwe calls for one to stick to a budget, constant market research, networking.
@@lindaafrica1043 the jet thing Linda is, starting. And understand things, accounting, taxes, who is who. And before you know it, the thing you started with is not what you'll end up focusing on. Because thru experiences doing micro business you end up finding other gaps in trading, that need to be fulfilled.
If Zimbabweans can setup an investment fund outside the country, we can do amazing things. Capital has always been the main impediment.If you focus on supplying the things that people buy every day you can still make a lot of money in Zim. The problem is that you can't control what the Guvment will do.
Well, you can do that. But the average Zimbabwean lives hand to mouth. Those who have surplus resources have offshore bank accounts, investments etc they just don't say it out loud.
What could make things better is people coming together to use their money to buy stocks in the UK then to help get enough money to cover cost of buying new business equipment.
Want to start a business in Zimbabwe? Here's my opinion 1. Erase the business moral card from your virtues 2. Improve on your social capital with the so called big wigs. Ma connection baba. Even nema purisa kana security sector 3. Consider risk. It is constantly high in Zimbabwe businss environment 4. Expect to fail. 5. Enjoy the sunshine while you can
@@jamesmaisiri5848 Moral's were never a requirement for business in Zimbabwe just look at how were just 4 x the cost of phones. Buying a phones is like buying a car now.
From my research Zimbabwe's economy is more of a spending economy rather than an investment economy points to several underlying factors, primarily linked to economic instability and challenges in attracting sustainable investments. Some reasons contributing to this perception include: 1. High Inflation and Currency Instability: Zimbabwe has historically struggled with hyperinflation, which undermines long-term investment by eroding the value of savings and making future returns unpredictable. 2. Low Foreign Direct Investment (FDI): The country's political and economic instability has discouraged foreign investors. Without strong FDI inflows, the economy leans more toward consumption-driven activities rather than investment in infrastructure or business growth. 3. Weak Industrial and Manufacturing Sector: Zimbabwe’s industrial capacity has significantly declined over the years, which has resulted in limited production of goods for export or internal investment. This lack of production means that the economy is more focused on consumption of imports. 4. Remittance-Driven Economy: A large portion of Zimbabwe's economy is sustained by remittances from the diaspora, which are typically spent on consumption (food, health, education) rather than on investment or business development. 5. Government Policy and Economic Control: Government policies, including high taxation and tight controls on business activities, have often dissuaded entrepreneurship and business investment, leading people to spend rather than invest. For Zimbabwe to transition into an investment economy, it would require significant structural reforms, improved economic governance, currency stability, and better protection for investors.
Zimbabwe has always been a high cost country - kubva kuma days of Rhodesia. Three main reasons explain that: - Sanctions: the country has been under sanctions for a long time, starting with UN sanctions against Rhodesia in the late 60's. A country under sanctions relies on sanctions busters, who put ridiculous mark-ups and require protection from govt (no competition) in order to take the risk. That is why the likes of Kuda Tagwirei control the fuel market, and Zim fuel costs more than in neighbouring countries (e.g. Zambia) even though Zim is nearer to the ocean. - Manufacturing: related to the above, we do not manufacture much. So we have to rely on import of finished goods (esp from SA) - Small population: made worse by a small proportion of the population with effective purchasing power. In other words, the cost of business is shared by few people
That is very correct, Zimbabwe has been just like many other countries but I prefer to be in Rhodesia if it was possible nekuti even when my mom was a maid back then she could afford to educate all of us, we got a free house, health care and education was super cheap and sometimes we didn't have to pay at all, that was Rhodesia for you yet it was under sanctions but but the country was functioning, do you remember even those days dzekuita maform ZJC aiti akapedza chikoro aiwana basa right away, whether it was minimum wage or not kwaitoraramika zvekudaro than now, but at least i appreciate kuti tave ne independence/rusununguko but yeah....ma1
@@elvisndlovu1232 i hate to say this but I think vanhu vatema tiri very inconsistent and ku manager nyika hatigone. Look at the whole of Africa almost every country there is always some redeculous guy in power and his cronies doing God knows what. Its not like Zimbabwe got sanctioned only in 1980. Even during the 70s there were trade embargoes because of the unilateral government but the Rhodesian still made it work.
@@simba8665 I completely agree with you, no African country is functional and has got a history of manufacturing. If you don’t manufacture you will die poor
@@adams6798 Yes indeed. But this can’t be done by a government, but by the private sector. Now tell me who wants to invest big money in a country that changes its fiscal policies by the day? Just too much uncertainty, no functional credit system, high interest rates, a government that gives false promises year in year out. But it’s only Zim, even look at South Africa, companies are holding back capital, no new inflows because of uncertainty and power management of the nation. Don’t be surprised if South Africans soon start crossing to Zim in search of opportunities. Nigeria, Kenya etc all the big economies are going down the same path.
I like your comment above. However I think we aim too high when we talk about business in a country like Zimbabwe. What we need is sustainability or hand to mouth as you say. If you are able to sustain your family in a way that they always have a good meal on the table and you can pay for your children's fees. You will be fine. For me that alone is a break through. One of the things we forget is that most massive businesses are built off a little bit of corruption here and there. If you want to import solar panels or a truck with less duty you have to cheat the system of pay someone to have it cleared for free.
Growing your own food, and growing food for your poultry will help keep costs low. Lots of producers are looking for outgrowers. I haven't yet started myself, though when you have your own property, survival can be subsidised. Also consider renting some of your space to other companies that want producers to produce their standard of products (vegetables included. Then theres a high demand for rabbits too. For export. Contact the rabbitry association (They export to Rwanda and other regional countries) Just an idea.
Conventional farming is not profitable for emerging farmers whether you have agronomists in your side... That type of farming is very challenging and expensive.
Me handing yakanyanya sterek Just ka hustle kangu ke Printing T shirts caps , Photo shoot nekutengesa airtime.... But ma profits angu compared nemashandiro andaiita ku South Africa. ...😊😊😊um really excited . All you want in Zim is a capital to start something and know kwekuzviitira I used to stay in Glen view 1 .my business was not going well but pandaka mover to Eastview near Mabvuku haaa its totally different... 😂😂😂ndine value kwandiri now and my services angu atori pa demand.
Have you thought of doing consulting jobs for people in diaspora looking to start a business. Some of us have land in Zim and is able to raise capital however will require support to set up a business. I am inspired by your channel and progress.
One video you say there are many opportunities in Zimbabwe people are being Negative , Next Video your title is saying its almost Impossible in Zimbabwe to do Business and you mention how hard it is to get loans from Banks , Can you please make up your mind !!!!
😂😂😂😂 he is still wet behind the ears lo akayazi Zanu pf 😂😂😂. In Zimbabwe if u want your business to succeed join zanu pf. So wen we tell him that Zimbabwe is abnormal he said its our mindset 😂😂😂.
Zim inongoda kuzvionera. Ini ndakaitadza coz I'm not zanu minded but ndakatozvarirwamo muzanu. Chingoripo ndechekuti if you want to do business go to neighbouring countries when you have capital where economy is doing OK example Zambia. Zim zvamamanje haaa ma1. Opportunities hobho but economy is not conducive chete. That's why Dangoti couldn't invest in zim.
😂😂😂😂 last time u said our mindset warawara wen i told u that Zanu pf is the only problem in Zimbabwe 😂😂😂. Zimbabwe is very good and rich but Zanu pf is a curse 😢😢😢. I told u
@@MouthwateringBudgetMeals chokwadi. I wouldn’t be surprised if his next video is, ‘why I’m going back to the UK.’ Truth is only political change Zimbabwe’s fortunes.
What we often think is business is just creating employment for yourself. You can hardly step 2 metres away from that business and have it thrive in our environment or else everything goes back down. Zim is not conducive for proper business that can be scaled beyond just income generating at a personal level. It’s not impossible but it’s very very difficult
The honeymoon phase is over brother, welcome to reality. Am glad the denial is over and now you are at the right stage, operating your business from this perspective helps better than just having enthusiasm without knowing the reality
Came bk to zim for almost 3yrs haaa that place is still not ready for business so so difficult I lost over 60k but had to put my hands up and leave now I hve nolonger excited about business in zim I will js build my retirement home there nothing else
I think It is tough to setup a Business anywhere. Access to Capital is Harder in zw and the living conditions make it hard to reinvest in the business when you start small. I would say - Acknowledge the challenges, remain focused and be patient. Engineer Nyasha
Hi Bro, Maybe people might need Business Education in attempt to stop idea of withdrawing money from an asset to purchase liabilities...or having a written document that we can only withdraw profits after a particular period of time.
It difficult to run a business in a continent without reliable internet, roads, electricity and supplies. Most importantly African people are poor, they won’t afford most commodities. Because of the above listed factors, starting a business in Africa and getting a profit from it is like looking for a needle in an ocean. Failed infrastructure in all African countries make it impossible to do a profitable business. Of course they are many other factors like nepotism , corruption, xenophobia etc.
Kuvaka imba chaiko kumusha ndakachemedzwa ne ma kambani evanozviti ma contractors. Three contractors, four years, and 200k later, imba kuzopera; saka vangani vane 200k project ichifanirwa kuita 50k. Four times over budget. Asi ndaiudzwa kunzi three months start to finish. And anyone anokwanisa kukuvhara anotokuvhara, kubvira kuhama, vatorwa, neighbours to the people you paid to do the job. SARENDA. I am surprised hangu kunzwa kuti 25k to start business, nekuti solar and borehole and storage alone inotogona kudarika.
I love that you're documenting your journey in such an honest and relatable way. I totally relate to all of the hurdles you've encountered. I also relate to the excitement and optimism about the opportunity within the absolute chaos and dysfunction of our economic systems (Zambian here). You're learning quickly and are clear eyed so I have no doubt you will succeed. Best of luck brother.
No matter how much opportunity a country can have, as long as the banking system is not working there is no way you can make it. But why is the banking system not working, the answer is we dont have a currency. The ZiG currency only exist as a means for our government to buy foreign currency circulating in the street which comes from the diaspora remittance. The truth is our government has lost control of the situation if we are to be serous. It is now very predictable that the ZiG will fail it doesn't matter what the RBZ authorities will say. We love our country and we are very patriotic. Your channel is also encouraging Zimbabweans to soldier on despite the challenges. My advice to our government is lets stop this sanctions excuse. This is our country and its only us who can build it. It does not make sense to expect the people we grabbed land from to finance our agriculture and other economic activities. They will definitely want to see us fail. The government must also give incentives to those who are formalizing their business activities instead of punishing them with numerous taxes and command exchange rates. Thats why the informal system is thriving.
Why don't you start a consultation business providing advice and then grow from there. Based on your education, experience, skills and knowledge. You can build up small. Marketing consultation creating a Zim business there.
Rambai makashinga. If you not a politician, mbavha, pastor or zanu pf member.... Wakanyura. Then on top of that. Property in Zimbabwe is overpriced!!!. Its really sad. Ini I've tried Zvese. Zvaramba for me. In general, africa yakadhakwa. Anyways, if you do your chicken project well unodya mari coz its a big business with good profit margins.
We have so many members in our group who re relocating from diaspora pple re succeeding in the in their endeavors their many ways to kill a cat if you fail individual better you try collaborative funding coming together as agroup of pple you can achive more in our group we have people running projects eg boer goats projects chicken breeding fish farming etc what matters is yr approach
Do business in zimbabwe is possible sir ... not everything is requires high capital ... l appreciate your videos sir but the problem is ,you go back and forth ....
Hie Blaz. Please pay my business a visit you’ll be interested in our story. I’m not one for the cameras but I can share some of my experiences with you that you can share on your platform. I’m based in Harare.
One of Nelson Mandela's quotes: A winner is a dreamer who never gives up." "Education is the most powerful weapon which you can use to change the world." "Do not judge me by my successes, judge me by how many times I fell down and got back up again." "The brave man is not he who does not feel afraid, but he who conquers that fear. You require a substantial amount of income to start a viable business. If you don't have enough capital, you have to consider going into business partnership or taking bank loan. But then the only downside is interest rates and collateral security. I am not sure if the Zimbabwean government has funding schemes for new business. Like Start-Up Loans Scheme, which provides low-interest loans and mentoring support to entrepreneurs looking to start a new business. Why don't you go into services business? You seem to have the skills, knowledge, and experience in that field, but don't stop your small chicken business for sustenance.
access to capital is really a crippling factor. l hv had several businesses in the last 13years and have learnt the good and the bad. l had a broiler business and at its peak was doing 7k birds at that time l needed north of 25k every 6 weeks loool. zim has great opportunities so people need to leave and get the capital then come back. I would like to do a collaboration(on youtube)with you if possible may l please have your contact details.
I'm glad you are coming to terms with the reality of Zimbabwe. Last time I said something in the comments you all came mukandiseka mukati idzi hadzizivi zvadzotaura. The truth of the matter is zims economy is not conducive for starting a business even if you know your tread. Chiuyai henyu mundishaudhe
If I did that it’s probably because of how you put across your comment. I am always happy to learn and listen but I don’t have patience for rude and disrespectful people.
@@sitekrafter it's not being rude or disrespect but the thing is I also did a lot of things until I gave up. What you can do in zim is to feed your family but won't grow your business that big without a bit of corruption as someone said in the comments here. I'm glad tho that you are being honest about all your experiences but sometimes for someone like me who has done most of these hustles I sometimes see that you have not yet seen the reality of Zim. I have tried farming, furniture, car machanics painting upholstery, advertising you name it but you'll only manage to make just enough to feed your family. The thing is people in zim don't have money for luxury so if you are not selling food or accommodation you are not making money and becouse people know that everyone is now doing that such that you'll still not making money becouse we are all eating in the same plate
Especially with the unreliable security situation
@@leokunonga7476with a response like this ndingakutukirei 😂
This is where you hear me say thanks for your contribution.
@@sitekrafter I have a good business idea.Let me know if you want to be part my team tirove mari pazim. Zvekurima and nezvekuchengeta huku zvawandirwa hazvichaita these days.
Being content is what we aspire to accomplish. Regardless, l am relocating back home 🇬🇧 🇿🇼 .
Retirement home, back garden with vegetables and tomatoes and mealie meal. I'm good
Very true simple life I'm on that transition as well 🇬🇧 🇿🇼
that is all we have ever needed, especially as you get older. I will be joining you soon in your relocation
I am a South African, and I followed your journey, at times out of curiosity, but also to learn. Your enthusiasm and patriotic fervour is contagious. I have a BSc in Agriculture, but never used it; because farming is a noble idea, however practice is very hard. No one will get rich in farming unless they are hugely subsidised by the state, even in Europe, it is a protected trade, due to its huge costs of overheads and inputs. It's also prone to disasters and weather patterns. That's why our white farmers were also subsidised by the apartheid state. Now, our government will give you a small tractor, a plough and bag of seeds, and say 'go farm'. As I speak, fields, that were once green under crops, lay fallow, new farmers ran. I still want to have a plot of land, bought cash, to just retire and do subsistence farming. My dream of being a farmer in these conditions is nil. I still admire your positive vibes and lets-do-it attitude. Salute
from your comment i can tell you really know your stuff, im from Botswana, i dropped out of a Bsc in agric, then went to business management. i also want a plot, like 5 to 20 hectares. in botswana the industry is also captured by big people but not as much as you guys, because there is so many things here that we are only now thinking of growing. and with cattle farming we sell the cattle at good prices to the gov abattoir which slaughters and exports the beef, so we dont worry of were we will sell our cattle. i suggest you try to save up and eventually do high value crops like blueberries or ginger, that could be possible on a 5 hectare.
O buwa nete fela ntate Daniel
@@davidncube5305 Ke a leboga, Baba Ncube
Your honesty is a rare commodity, it always draws me back to your videos.
I am in Zimbabwe on the ground I do not work or own a business in Zimbabwe . What I did is grew my capital and I own shops in Australia I have good managers now I live 6 months zim 6 months Australia I earn 4000 month USD enough to enjoy and I don’t have stress my advice is don’t do business in Zimbabwe try get a business going abroad cut your losses l
Never give up but continue in small capacity correcting mistakes and making strategies, slowly you will become bigger and better though experience because when you stop and need to start again you are going to face new challenges that are total different .
Yes
Mmm my brother this is eyeopening. I will share with friends and family. ❤🙏🙏🙏
When some people succeed as you are saying it's only a matter of time then gvt changes policies or currency changes course
Welcome to Zimbabwe Mate. Tinokutambira namawoko ese
Please put the link of your community in the description.
@@Zimboprenuer I think we can actually have our own community guys. Where we can share more ideas and experiences with those in Zim and Diaspora.
Collateral is the term you were looking for. Something the bank can fall back on if a borrower defaults on their loan
To every Zimbabwean thinkin gof starting a business in Zimbabwe. Take it from me. Someone who has been there done that. If you are starting a business in zimbabwe, you must make a budget for failure. because the chances are very high that you will fail. And after your failure, if you survive, then you can go for round 2 where you build the business again based on lessons learned. If you expect to come and start your business and boom, you are successful, you obviously do not know zimbabwe 😀.... I was in that group too. I grew up in Zim and after 20 years away, i thought I could return and start a business a be rich instantly 😀... Boy was it a learning curve
I feel this 😂
Tough luck. 😢
I left for 8 years, came back and thought the streets of Harare were lined with gold. 😂 Now I'm sitting at home holding my marbles and thinking how to start a business that can actually work. It's a very tough place to do business, but I think outside of Harare is where there are opportunities not abundant but more.
@@Be3nzEish inga ma1 I think to do well in business especially in Zim zvinoenderana nemhanza yako also.
@@Afripreneuruk not mhanza, it's connections with the ruling elite
Thanks my brother keep up the good work
You talk sense my brother and very inspiring. I am in the States ,with all the potential or resources but finding it hard to start a farming business in Zimbabwe
Amazing content 🔥
professionalism hauivane mu Zimbabwe vanhu vari panguva yekutora mari chete. its really really hard to find a true gentleman or someone who is legit. Munhu paanenge akatokutarisa akutofunga kuti okutorera sei mari yaunayo muhomwe. pressure iri kuvhiringa most businesses like what you are saying. CHICKENS vabhaiza alot, you went into the business without the full knowledge or experience but ey ndokutodzidza kwacho by the end of the day. in Zimbabwe kuvhara nekuvharana mari ichitenderera.
You could buy a small piece of land and start small and build your way up. Once you get lands you can start small farming, gardening and gradually start buying the equipment that you need until you get everything. Then buy your chickens.
Exactly
Good job keep it up
Thank you so much for the important information it's critical what you mention in your videos
Good video. Great info.
Very very difficult. You have the awareness You can bring in change
Thanks for sharing
You are one rare breed amongst Zimbabweans. You share knowledge to all of us without any attachments and obligations. You resonate very well with "Vanopa ruzivo havana humbimbindoga" , a verse from one of Jah Prayzah's songs.
If there were many of you around, we could be lightyears developed and self sustaining as a nation.
One thing, your content is very very relatable, you have first hand information. One of our own is telling it like it is. I keep coming back to your videos to learn. Keep it going!!!
I like your honest
Why's this a surprise? In 44 years since independence, there was only rule of law in the first 10. As soon as Lancaster House was past there was one party rule (effectively one tribe) and near total corruption, incompetence, nepotism, obstinacy and almost unbelievable stupidity. All the worse because it was foreseen and entirely preventable. Pamberi ne jongwe... 😢
Very insightful.
Thank you for such insight. Feet on the ground indigo nyaya. Each generation has its own unique realities that they need to solve.
Thanks for sharing your experience.
Just listening to your whole video, I think the title should be "Starting a business...." not "doing business..." because you are basically describing barrier to entry, which is one of the biggest challenges for most startups. It's difficult to access loans in Zim compared to developed countries.
@@thabisohlatshwayogenius Less people will watch
Thanks Ruva organic for the updates
It's hard to compete in Zimbabwe 🇿🇼 the taxes are high and buying resources is expensive.
Really useful stuff thank you very much😂
I think starting out , think on the micro scale. Start actually making money. Some money atleast. Don't think big money, think about building your spider web. Think $1 then $10 then $100, then $1000 then $10,000 the. $100,00 then $1,000,000. Once your web of incoming money streams is working you can grow. Zimbabwe calls for one to stick to a budget, constant market research, networking.
thats how im starting mine now with only just $100, i think its better to make even little money than nothing at all
@@lindaafrica1043 the jet thing Linda is, starting. And understand things, accounting, taxes, who is who. And before you know it, the thing you started with is not what you'll end up focusing on. Because thru experiences doing micro business you end up finding other gaps in trading, that need to be fulfilled.
Very true, starting small works at least you get the opportunity to learn as you grow
Co-operative is the word. It enables scale, enables fairness, enables evolution and enables a secure future.
If Zimbabweans can setup an investment fund outside the country, we can do amazing things. Capital has always been the main impediment.If you focus on supplying the things that people buy every day you can still make a lot of money in Zim. The problem is that you can't control what the Guvment will do.
Well, you can do that. But the average Zimbabwean lives hand to mouth. Those who have surplus resources have offshore bank accounts, investments etc they just don't say it out loud.
It's besicaly not about forcus but connections.
What could make things better is people coming together to use their money to buy stocks in the UK then to help get enough money to cover cost of buying new business equipment.
Want to start a business in Zimbabwe? Here's my opinion
1. Erase the business moral card from your virtues
2. Improve on your social capital with the so called big wigs. Ma connection baba. Even nema purisa kana security sector
3. Consider risk. It is constantly high in Zimbabwe businss environment
4. Expect to fail.
5. Enjoy the sunshine while you can
@@jamesmaisiri5848 Moral's were never a requirement for business in Zimbabwe just look at how were just 4 x the cost of phones. Buying a phones is like buying a car now.
@@jamesmaisiri5848 4: don't. Do business in an environment not taken over by criminality, lack of work ethic and victimism to justify it all.
From my research Zimbabwe's economy is more of a spending economy rather than an investment economy points to several underlying factors, primarily linked to economic instability and challenges in attracting sustainable investments. Some reasons contributing to this perception include:
1. High Inflation and Currency Instability: Zimbabwe has historically struggled with hyperinflation, which undermines long-term investment by eroding the value of savings and making future returns unpredictable.
2. Low Foreign Direct Investment (FDI): The country's political and economic instability has discouraged foreign investors. Without strong FDI inflows, the economy leans more toward consumption-driven activities rather than investment in infrastructure or business growth.
3. Weak Industrial and Manufacturing Sector: Zimbabwe’s industrial capacity has significantly declined over the years, which has resulted in limited production of goods for export or internal investment. This lack of production means that the economy is more focused on consumption of imports.
4. Remittance-Driven Economy: A large portion of Zimbabwe's economy is sustained by remittances from the diaspora, which are typically spent on consumption (food, health, education) rather than on investment or business development.
5. Government Policy and Economic Control: Government policies, including high taxation and tight controls on business activities, have often dissuaded entrepreneurship and business investment, leading people to spend rather than invest.
For Zimbabwe to transition into an investment economy, it would require significant structural reforms, improved economic governance, currency stability, and better protection for investors.
Zimbabwe has always been a high cost country - kubva kuma days of Rhodesia. Three main reasons explain that:
- Sanctions: the country has been under sanctions for a long time, starting with UN sanctions against Rhodesia in the late 60's. A country under sanctions relies on sanctions busters, who put ridiculous mark-ups and require protection from govt (no competition) in order to take the risk. That is why the likes of Kuda Tagwirei control the fuel market, and Zim fuel costs more than in neighbouring countries (e.g. Zambia) even though Zim is nearer to the ocean.
- Manufacturing: related to the above, we do not manufacture much. So we have to rely on import of finished goods (esp from SA)
- Small population: made worse by a small proportion of the population with effective purchasing power. In other words, the cost of business is shared by few people
That is very correct, Zimbabwe has been just like many other countries but I prefer to be in Rhodesia if it was possible nekuti even when my mom was a maid back then she could afford to educate all of us, we got a free house, health care and education was super cheap and sometimes we didn't have to pay at all, that was Rhodesia for you yet it was under sanctions but but the country was functioning, do you remember even those days dzekuita maform ZJC aiti akapedza chikoro aiwana basa right away, whether it was minimum wage or not kwaitoraramika zvekudaro than now, but at least i appreciate kuti tave ne independence/rusununguko but yeah....ma1
@@elvisndlovu1232 i hate to say this but I think vanhu vatema tiri very inconsistent and ku manager nyika hatigone. Look at the whole of Africa almost every country there is always some redeculous guy in power and his cronies doing God knows what. Its not like Zimbabwe got sanctioned only in 1980. Even during the 70s there were trade embargoes because of the unilateral government but the Rhodesian still made it work.
@@elvisndlovu1232
Our independence is complete meaningless when we manufacture nothing at present moment.
@@simba8665
I completely agree with you, no African country is functional and has got a history of manufacturing.
If you don’t manufacture you will die poor
@@adams6798 Yes indeed. But this can’t be done by a government, but by the private sector. Now tell me who wants to invest big money in a country that changes its fiscal policies by the day? Just too much uncertainty, no functional credit system, high interest rates, a government that gives false promises year in year out. But it’s only Zim, even look at South Africa, companies are holding back capital, no new inflows because of uncertainty and power management of the nation. Don’t be surprised if South Africans soon start crossing to Zim in search of opportunities. Nigeria, Kenya etc all the big economies are going down the same path.
Glad you realizing it... We have been on that road too.
It's hand to mouth baba.
I like your comment above. However I think we aim too high when we talk about business in a country like Zimbabwe. What we need is sustainability or hand to mouth as you say.
If you are able to sustain your family in a way that they always have a good meal on the table and you can pay for your children's fees. You will be fine.
For me that alone is a break through.
One of the things we forget is that most massive businesses are built off a little bit of corruption here and there. If you want to import solar panels or a truck with less duty you have to cheat the system of pay someone to have it cleared for free.
Growing your own food, and growing food for your poultry will help keep costs low. Lots of producers are looking for outgrowers. I haven't yet started myself, though when you have your own property, survival can be subsidised. Also consider renting some of your space to other companies that want producers to produce their standard of products (vegetables included. Then theres a high demand for rabbits too. For export. Contact the rabbitry association (They export to Rwanda and other regional countries) Just an idea.
How about opening a Business in Zambia 🇿🇲 as a Zimbabwean?
Maybe investing in Zambia 🇿🇲 is a better option?
What percentage of taxes do Zambians pay.
My dad is an agronomist and he can assist you with some knowledge on farming
Conventional farming is not profitable for emerging farmers whether you have agronomists in your side... That type of farming is very challenging and expensive.
@@yamhlaba ruclips.net/video/NZWMGb62Vh0/видео.html
Welcome back to reality. Honesty is the best policy.
Me handing yakanyanya sterek
Just ka hustle kangu ke Printing T shirts caps , Photo shoot nekutengesa airtime....
But ma profits angu compared nemashandiro andaiita ku South Africa. ...😊😊😊um really excited .
All you want in Zim is a capital to start something and know kwekuzviitira
I used to stay in Glen view 1 .my business was not going well but pandaka mover to Eastview near Mabvuku haaa its totally different...
😂😂😂ndine value kwandiri now and my services angu atori pa demand.
Hey, great work! Been a follower for a while. I've seen you on elegant themes videos, what's your relationship with them?
Have you thought of doing consulting jobs for people in diaspora looking to start a business. Some of us have land in Zim and is able to raise capital however will require support to set up a business. I am inspired by your channel and progress.
One video you say there are many opportunities in Zimbabwe people are being Negative , Next Video your title is saying its almost Impossible in Zimbabwe to do Business and you mention how hard it is to get loans from Banks , Can you please make up your mind !!!!
Listen to the video again. I said there are many opportunities in zim and you need to self fund. There is no one to give you money.
😂😂😂😂 he is still wet behind the ears lo akayazi Zanu pf 😂😂😂. In Zimbabwe if u want your business to succeed join zanu pf. So wen we tell him that Zimbabwe is abnormal he said its our mindset 😂😂😂.
Zim inongoda kuzvionera. Ini ndakaitadza coz I'm not zanu minded but ndakatozvarirwamo muzanu. Chingoripo ndechekuti if you want to do business go to neighbouring countries when you have capital where economy is doing OK example Zambia. Zim zvamamanje haaa ma1. Opportunities hobho but economy is not conducive chete. That's why Dangoti couldn't invest in zim.
😂
One video was before ZiG depreciated by 40%.... This is after...
Is your website still available? I'm a member and getting all sorts of errors and verification fails
😂😂😂😂 last time u said our mindset warawara wen i told u that Zanu pf is the only problem in Zimbabwe 😂😂😂. Zimbabwe is very good and rich but Zanu pf is a curse 😢😢😢. I told u
Not everyone is cut for business!
True
How do I join your community my brother?
Zimbabwe yakaoma, people are not honest and everything is expensive
2 opportunities. 1) Be honest 2) find ways to bring cheaper products to market.
Unfortunately, many are too prideful to admit the truth. They like to paint a rosy picture of Zim to impress outsiders.
@@Carpediem_76 that's so true
I find unobudisa mari yakawanda and less money comes in your pocket
@@MouthwateringBudgetMeals chokwadi. I wouldn’t be surprised if his next video is, ‘why I’m going back to the UK.’
Truth is only political change Zimbabwe’s fortunes.
What we often think is business is just creating employment for yourself. You can hardly step 2 metres away from that business and have it thrive in our environment or else everything goes back down. Zim is not conducive for proper business that can be scaled beyond just income generating at a personal level. It’s not impossible but it’s very very difficult
The honeymoon phase is over brother, welcome to reality. Am glad the denial is over and now you are at the right stage, operating your business from this perspective helps better than just having enthusiasm without knowing the reality
Came bk to zim for almost 3yrs haaa that place is still not ready for business so so difficult I lost over 60k but had to put my hands up and leave now I hve nolonger excited about business in zim I will js build my retirement home there nothing else
No sound my guy
Ko ndokumbirao link yema tutorial website
I think It is tough to setup a Business anywhere. Access to Capital is Harder in zw and the living conditions make it hard to reinvest in the business when you start small. I would say - Acknowledge the challenges, remain focused and be patient.
Engineer Nyasha
Hi Bro,
Maybe people might need Business Education in attempt to stop idea of withdrawing money from an asset to purchase liabilities...or having a written document that we can only withdraw profits after a particular period of time.
Its about paying yourself a salary not about setting a withdrawing period.
How do I get in touch with you bro?
The term you were looking for was collateral.
Yes, thanks
The only paying project in zim is civil service😅
Once i manage to leav zimbabwe i swear aint coming back
I am still waiting for the approval 😊on the community
In my opinion the corruption in Africa spoils the dimension of the flow of business if that makes sense
It difficult to run a business in a continent without reliable internet, roads, electricity and supplies. Most importantly African people are poor, they won’t afford most commodities.
Because of the above listed factors, starting a business in Africa and getting a profit from it is like looking for a needle in an ocean.
Failed infrastructure in all African countries make it impossible to do a profitable business. Of course they are many other factors like nepotism , corruption, xenophobia etc.
Kuvaka imba chaiko kumusha ndakachemedzwa ne ma kambani evanozviti ma contractors. Three contractors, four years, and 200k later, imba kuzopera; saka vangani vane 200k project ichifanirwa kuita 50k. Four times over budget. Asi ndaiudzwa kunzi three months start to finish. And anyone anokwanisa kukuvhara anotokuvhara, kubvira kuhama, vatorwa, neighbours to the people you paid to do the job. SARENDA. I am surprised hangu kunzwa kuti 25k to start business, nekuti solar and borehole and storage alone inotogona kudarika.
Have you looked into getting a line of credit instead of spending time saving? It might help move faster.
Yah think in zim yu need to partner coz to raise capital it’s hard guys
I love that you're documenting your journey in such an honest and relatable way. I totally relate to all of the hurdles you've encountered. I also relate to the excitement and optimism about the opportunity within the absolute chaos and dysfunction of our economic systems (Zambian here). You're learning quickly and are clear eyed so I have no doubt you will succeed. Best of luck brother.
On top of all that..the tax man's gona take a big bite ..make sure your connected...
No matter how much opportunity a country can have, as long as the banking system is not working there is no way you can make it.
But why is the banking system not working, the answer is we dont have a currency.
The ZiG currency only exist as a means for our government to buy foreign currency circulating in the street which comes from the diaspora remittance.
The truth is our government has lost control of the situation if we are to be serous.
It is now very predictable that the ZiG will fail it doesn't matter what the RBZ authorities will say. We love our country and we are very patriotic.
Your channel is also encouraging Zimbabweans to soldier on despite the challenges.
My advice to our government is lets stop this sanctions excuse. This is our country and its only us who can build it. It does not make sense to expect the people we grabbed land from to finance our agriculture and other economic activities. They will definitely want to see us fail. The government must also give incentives to those who are formalizing their business activities instead of punishing them with numerous taxes and command exchange rates. Thats why the informal system is thriving.
Why don't you start a consultation business providing advice and then grow from there. Based on your education, experience, skills and knowledge. You can build up small. Marketing consultation creating a Zim business there.
Rambai makashinga. If you not a politician, mbavha, pastor or zanu pf member.... Wakanyura. Then on top of that. Property in Zimbabwe is overpriced!!!. Its really sad. Ini I've tried Zvese. Zvaramba for me. In general, africa yakadhakwa.
Anyways, if you do your chicken project well unodya mari coz its a big business with good profit margins.
Brother cut your losses it’s not co incidence that investors don’t come to Zimbabwe . Even those white farmers have gone to Zambia these people know
Ko business remaRoad runner rakawa sei ?
There's no need to ask that question bro. Zimbabwe yazara makororo 😢
ASI you didn’t watch the video? I explained everything in there.
We have so many members in our group who re relocating from diaspora pple re succeeding in the in their endeavors their many ways to kill a cat if you fail individual better you try collaborative funding coming together as agroup of pple you can achive more in our group we have people running projects eg boer goats projects chicken breeding fish farming etc what matters is yr approach
Its high time you create your own logo mukuru
Or a picture
No zesa no water
... implement a solar solution. Chete! Zesa is UNRELIABLE. Solar water pump, solar lights!
Do business in zimbabwe is possible sir ... not everything is requires high capital ... l appreciate your videos sir but the problem is ,you go back and forth ....
Why are you putting a negative tittle, i know you as a person who is always positive ? why this today ?
Hie Blaz. Please pay my business a visit you’ll be interested in our story. I’m not one for the cameras but I can share some of my experiences with you that you can share on your platform. I’m based in Harare.
I hope he comes❤
@ Unfortunately, he didn’t reply. DMd him on Facebook as well.
@@inkrdb87what business do you have Sir?
Zim is full of unscrupulous business people. Either they are legit cons or they deliver poor workmanship.
One of Nelson Mandela's quotes:
A winner is a dreamer who never gives up." "Education is the most powerful weapon which you can use to change the world." "Do not judge me by my successes, judge me by how many times I fell down and got back up again." "The brave man is not he who does not feel afraid, but he who conquers that fear.
You require a substantial amount of income to start a viable business. If you don't have enough capital, you have to consider going into business partnership
or taking bank loan. But then the only downside is interest rates and collateral security.
I am not sure if the Zimbabwean government has funding schemes for new business. Like Start-Up Loans Scheme, which provides low-interest loans and mentoring support to entrepreneurs looking to start a new business.
Why don't you go into services business? You seem to have the skills, knowledge, and experience in that field, but don't stop your small chicken business for sustenance.
If yu want to be successful in as a zimbabwean do anythin thus not connected to zimbabwe study abroad work abroad live abroad
That's very true, but unosvika rinhi uriko
Ruined economy
access to capital is really a crippling factor. l hv had several businesses in the last 13years and have learnt the good and the bad. l had a broiler business and at its peak was doing 7k birds at that time l needed north of 25k every 6 weeks loool. zim has great opportunities so people need to leave and get the capital then come back.
I would like to do a collaboration(on youtube)with you if possible may l please have your contact details.