Entrepreneur Profile Name: Nation Takudzwa Dumba Title: Founder, Managing Director Company: Roll Construction Pvt Ltd Years in business: 1 year and 7 months Business location: Harare, Zimbabwe Number of employees: 7 permanent and others according to demand and on contract terms Products: All construction works (bricklaying, plumbing, electrical, tiling, roofing, durawalls, driveways, painting etc) and supply building materials like bricks, sands, stones, timber etc StartupBiz Zimbabwe: Tell us your name and tell us about your business Mr Dumba: Thank you Menard for having me on this platform which gives us the so called SMEs a chance to tell our stories...Read More
Author: StartupBiz Zimbabwe
Zimbabweans love peanut butter (dovi in shona, and idobi in Ndebele). Peanut butter in Zimbabwe is added to food like rice, relish, vegetables, bread and porridge. There is a high demand for peanut butter in Zimbabwe. This article will explain how to start a peanut butter manufacturing business in Zimbabwe. You should always carry out a feasibility study, market research and write a business plan before you venture into any business.Do not make the mistake of starting a peanut butter manufacturing business or any other business just because someone is doing it and he/she says it’s profitable. The purpose...Read More
Operating a takeaway and fast food restaurant in Zimbabwe can be highly profitable if done properly. Takeaway and fast food restaurants in Zimbabwe prepare food on their premises to sell over the counter or deliver to customers. They sell a wide range of foods including chips, sausages, pies, hamburgers, rice, sadza and chicken. This article will explain how to start a takeaway and fast food restaurant business in Zimbabwe, and the business plan. What you need Research Because the fast food and take away business in Zimbabwe is so competitive, it is very important that you do a...Read More
Taxis in Zimbabwe offer a valuable service to people who require transport to and from a number of places. People often use taxis to go to and fro work, ranks, airports and suburbs. If you enjoy driving and working with people, knowing how to start a taxi company might be something you want to do. Starting a taxi company requires good management skills, a good marketing plan, and compliance with all the Zimbabwe local legislation. During the financial planning process of starting your taxi business in Zimbabwe, there are a number of important factors you must consider. Evaluating some...Read More
Raising broiler chickens is becoming more popular in Zimbabwe, as people try to find extra income amid the growing economic challenges and high unemployment levels in the country. Many have lost hopes of ever getting jobs in the formal sector, and have started different types of income generating projects. Broiler chicken farming business in Zimbabwe can be very profitable if it is properly run under acceptable methods and conditions conducive for the chicken production, good management and a good business plan. Before you start a broiler production business, you have to decide how many chickens you want to keep,...Read More
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Question 1 of 10
Revenue is the income from sales of products or services. Revenue is calculated by multiplying the price at which goods or services are sold by the number of units or amount sold.Incorrect
Revenue is the income from sales of products or services. Revenue is calculated by multiplying the price at which goods or services are sold by the number of units or amount sold.
Question 2 of 10
Which is the largest bank in Zimbabwe?Correct
CBZ is the largest bank in Zimbabwe, followed by CABS.Incorrect
CBZ is the largest bank in Zimbabwe, followed by CABS.
Question 3 of 10
What is the monthly poverty datum line for a family of 5 in Zimbabwe (2016)?Correct
The poverty datum line in Zimbabwe is $480Incorrect
The poverty datum line in Zimbabwe is $480
Question 4 of 10
Which sector contributes more to the GDP of Zimbabwe?Correct
Since 2009, the Distribution, Hotels, and Restaurants sector has been contributing more to the GDP of Zimbabwe than other sectors. (Source : ZIMSTAT)Incorrect
Since 2009, the Distribution, Hotels, and Restaurants sector has been contributing more to the GDP of Zimbabwe than other sectors. (Source : ZIMSTAT)
Question 5 of 10
The financial statement that reports the revenues and expenses for a period of time such as a year or a month is the ……… ?Correct
The income statement reports the revenues and expenses for a period of time.Incorrect
The income statement reports the revenues and expenses for a period of time.
Question 6 of 10
How much tax do Zimbabwe businesses pay?Correct
Businesses pay 25% tax in Zimbabwe.Incorrect
Businesses pay 25% tax in Zimbabwe.
Question 7 of 10
Debt is a liability not an asset. An asset is defined as a resource that is owned or controlled by a company that can be used to provide a future economic benefit.Incorrect
Debt is a liability not an asset. An asset is defined as a resource that is owned or controlled by a company that can be used to provide a future economic benefit.
Question 8 of 10
Munyaradzi Gwatidzo is the founder of which company?
Question 9 of 10
There must be sufficient finance to pay for the daily running of the business.This money is known as ?Correct
Working capital is the cash available for day-to-day operations of an organization. If you don’t have enough working capital you may go bankrupt, even though your business is profitable!Incorrect
Working capital is the cash available for day-to-day operations of an organization. If you don’t have enough working capital you may go bankrupt, even though your business is profitable!
Question 10 of 10
It is important to make eye contact with a customer because?Correct
Eye contact reassures customers that your attention is focused on themIncorrect
Eye contact reassures customers that your attention is focused on them