This article will outline how to carry out company registration in Zimbabwe. 1.Name Search : First stage of Company Registration in Zimbabwe This is the first stage when registering a company in Zimbabwe. You need a name for your company. The Chief Registrar of Companies allows you to register your company name and reserve it for sixty days. Once the name is reserved, the name cannot be used by any other individual who wishes to register a company also. This facilitates the company registration process. For this stage of company registration in Zimbabwe, you fill a CR 21 Form. On...Read More
Author: StartupBiz Zimbabwe
Business: Alpha Media Holdings, Mail & Guardian Website: www.newsday.co.zw ; www.theindependent.co.zw ; www.thestandard.co.zw ; www.mg.co.za Trevor Ncube is a media entrepreneur and he is based in South Africa. He is the majority shareholder of Mail & Guardian (South Africa), and Alpha Media Holdings, which is the holding company 3 Zimbabwean newspapers: NewsDay, The Standard and Zimbabwe Independent. Trevor Ncube also owns Munn Marketing, a magazine and a newspaper distribution company in Zimbabwe, and Strand Multiprint, a commercial and newspaper printing company. He holds a first class Bachelor of Arts in Economic History from the University of Zimbabwe. In 1994 he was named as Zimbabwean Editor of...Read More
It is true to say that any individual who is reasonable knows that Ponzi schemes are sure to collapse but it eludes the human mind the reason why more than most continue to fall prey to these outrageous unorthodoxies which are baseless and would never make sense. “A Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned through legitimate sources. Operators of Ponzi schemes usually entice new investors by offering higher returns than other...Read More
In times of global economic turmoil and meltdowns the story of the confidence man has thrived and as if people “like the gold fish” are unable to learn, they continue to fall prey to these schemes. The success of a good con man is never about how much intelligent he is but it is about integrity. This makes even the smartest of people very gullible since they consider integrity and confidence to be a virtue. In fact most of the times smart people are an easy catch than the dumber people because smart people are quick to understand the...Read More
There are many franchise opportunities available in Zimbabwe. Franchising is simply a method for expanding a business and distributing goods and services through a licensing relationship. In franchising, franchisors (a person or company that grants the license to a third party for the conducting of a business under their marks) not only specify the products and services that will be offered by the franchisees (a person or company who is granted the license to do business under the trademark and trade name by the franchisor), but also provide them with an operating system, brand and support. To invest in...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