Entrepreneurship Zone: 16 December 2021 :: Zim entrepreneurs break new ground

Thu Dec 16 07:25:51 CAT 2021

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Entrepreneurship Zone: 16 December 2021 ::  Zim entrepreneurs break new ground

 <http://www.zitf.co.zw/> 

As the Government continues to roll out policies to ensure Zimbabwe achieves an upper middle economy by 2030, some local entrepreneurs have taken advantage of the supportive business and economic environment to tap into the various opportunities that have emerged under the Second Republic.

This is seen by the number of Zimbabweans that continue to break barriers and venture into previously uncharted territories as they heed President Mnangagwa’s call for Zimbabwe’s re-engagement drive with the rest of the world.

Such entrepreneurs include entrepreneurial couple Willard and Lovejoy Madzimbamuto of Have Dominion International Group (Pvt) Limited who through one of their companies, Nature’s Treats Zimbabwe, have become the first local company owned and operated by young Zimbabweans below the age of 35 to get international certification for the export of organic agricultural products into Europe and North America.

The certification, which came after a rigorous and stringent audit of their company’s operations, including obtaining a number of all relevant documentation and a physical udit of the land to be used in production by French company Ecocert, is a dream come true for the couple. The export licences did not come easy and is a first of its kind in terms
of scope, covering ginger, garlic, turmeric, sweet potato, moringa, honey and zumbani leaf for purposes of export.
Speaking on the certification process, the firm’s managing director, Lovejoy Madzimbamuto said they are encouraged by the strides despite the demands of the certification procedures.

“Despite the process being thorough and pricey, we have understood that a lot can be achieved with proper support and planning from consultants. This is a challenge to us young people and particularly young women to take farming
seriously by exploring international opportunities,” Mrs Madzimbamuto said.

The Government, through National Development Strategy (NDS1), has continued to implore Zimbabweans across sectors to actively play their part in growing the local economy.

The success of the young couple also is testimony to the growing number of entrepreneurs in other sectors of the economy who are taking advantage of opportunities, including in agriculture, as encouraged by the Government.

Notably, the Madzimbamuto couple took advantage in agriculture despite being professionals in other fields. Mrs Madzimbamuto is a civil aviation security expert whilst her husband is a legal practitioner in private practice.

Their company, Have Dominion Group International, broadly, is focussed on seven key pillars aimed at poverty alleviation. These include, enhance household and national food security, employment creation, sustainable livelihoods for economic freedom, contribution to the national and international economy, demonstration and training of
rural or farming communities on sustainable organic production.

The company also seeks to promote environmental awareness, achieve prosperous society, empowerme of impoverished groups including children, youths and women and finally renewable smart energy and water sanitation.

“We are a progressive entity and we are doing all it takes to provide a holistic approach to the diverse needs of our communities with a view to promote sustainable economic development.

We are going all out to complement government developmental initiatives so that together we make a difference,” Mrs Madzimbamuto said. The young people also said they were working their way around sustainable social entrepreneurship so that they foster meaningful economic growth and community development.

“As Have Dominion International Group, we are practising a social entrepreneurship concept where we are trying to help and influence our community apart from making money.

The Madzimbamutos are successful farmers and said much of the products meant for the export market under the new deal will be coming from their local farm. “We have taken advantage of government policies in our agro based economy to practice sustainable agriculture.

Much of the produce to be exported will be coming from our farm where we have been able to produce well over the past few years. We have done our ground work and we are set for the top,” Mrs Madzimbamuto said.

The young couple has also taken upon themselves to empower their local community through feeding programmes for students in school.

“We want to be a socially responsible business entity and we have already set in motion plans to feed students in school around our farm.

We want to actively participate in providing welfare for our community. Social welfare should not be a reserve for the Government, all responsible citizens must play their part,” Mrs Madzimbamuto said.-The Herald

 <https://www.howwemadeitinafrica.com/how-this-dutch-entrepreneur-built-an-organic-agribusiness-company-in-east-africa/130160/?relatedposts_hit=1&relatedposts_origin=130486&relatedposts_position=0> 

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DISCLAIMER: This report has been prepared by Bulls ‘n Bears, a division of Faith Capital (Pvt) Ltd for general information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities. The information contained in this report has been compiled from sources believed to be reliable, but no representation or warranty is made or guarantee given as to its accuracy or completeness. All opinions expressed and recommendations made are subject to change without notice. Securities or financial instruments mentioned herein may not be suitable for all investors. Securities of emerging and mid-size growth companies typically involve a higher degree of risk and more volatility than the securities of more established companies. Neither Faith Capital nor any other member of Bulls ‘n Bears nor any other person, accepts any liability whatsoever for any loss howsoever arising from any use of this report or its contents or otherwise arising in connection therewith. Recipients of this report shall be solely responsible for making their own independent investigation into the business, financial condition and future prospects of any companies referred to in this report. Other  Indices quoted herein are for guideline purposes only and sourced from third parties.

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