SMEs 4ED launched, pledge support for President

Rutendo Gomwe-Herald Correspondent

The Small and Medium Enterprises for Economic Development (SMEs for ED) Harare Chapter has been launched, and immediately pledged to mobilise voters for Zanu PF Presidential candidate President Mnangagwa for the upcoming harmonised elections.

Speaking during the launch in Glen View, Harare, on Friday, Politburo member and Chitepo School of Ideology principal Cde Munyaradzi Machacha said the empowerment lobby group’s main goal was to persuade the Government to promote SMEs and to mobilise for Zanu PF.

“The purpose of today’s event is to bring together all of our affiliates in the economic sector so that we can discuss with them the needs they have for expansion,” said Cde Machacha. 

“We want to persuade the Government to support these SMEs so that they can develop from small businesses into medium and large businesses.

“Additionally, the group serves as a tool for party mobilisation, and as election day draws near, they represent a crucial constituency that we want to engage in order to secure their support for our presidential, parliamentary, and local government candidates.”

Cde Machacha said the launch of the group marks the start of the campaign in the small and medium-sized business sector, with the goal of bringing them on board so they move with others towards a resounding ZANU PF victory on August 23.

SMEs for ED president Mr Lloyd Bahera committed to support President Mnangagwa for a great victory.

“We, the SMEs, pledge our support for President Emmerson Mnangagwa as we move closer to the elections. In order for him to win, we will mobilise at least 1 000 SMEs in each ward,” said Mr Bahera.

Chairperson of Harare Chamber of SMEs Mr Lucky Moyo said they will voluntarily come together to show their appreciation for President Mnangagwa’s efforts to improve the operations of SMEs through various forms of support, including provision of funds.

“In Zimbabwe, SMEs are well-funded because they have access to the financial sector, which is strongly supported by our Government through providing sufficient funding for the development and growth of SMEs,” he said.

SMEs play a critical role in Zimbabwe’s economy, with a sizable number of people employed there.

According to the 2022 Finscope SMEs Survey, micro-small and medium enterprises contributed US$8,2 billion to the national Gross Domestic Product.

Related Posts

Research-backed cactus fodder project boosts climate resilience for Mudzi women dairy farmers

Herald Reporter SCIENTIFIC research is driving a new phase of climate-smart dairy farming in drought-prone Mudzi District, where women-led dairy enterprises are adopting spineless cactus as a sustainable livestock feed…

Zimbabwe strengthens global HIV partnerships at AIDS 2026

  Rumbidzayi Zinyuke Senior Health Reporter ZIMBABWE is strengthening international partnerships and sharing lessons from its HIV response at the 26th International AIDS Conference (AIDS 2026) in Rio de Janeiro,…

Leave a Reply

Your email address will not be published. Required fields are marked *

×